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An Investor and counsellor in Financial Market

Thursday, January 12, 2017

No wonder Flipkart is bleeding

Salaries of Flipkart employees could put you to shame. In April-March 2016, India's largest homegrown e-commerce company paid over Rs10 crore ($1.5 million) to six of its employees and over a crore to 101 others, regulatory filings sourced by data platform Tofler shows. The compensation to these top-paid employees alone takes the company's remuneration bill to around Rs 300 crore.
 

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