Vistara
Vistara, which is a joint venture of Tata Sons and Singapore Airlines, has decided to get rid of the pay cut which it had implemented last year. The pay cut will no longer apply to certain categories of employees from April 2021 onwards. The pay cut, however, will continue to apply to salaries of management-level executives, including the CEO.
Vistara had announced a nearly 40 per cent reduction in salaries of its employees in June 2020.