General Motors Co (GM.N) wants to pay its chief executive, Dan Akerson, $11.1 million this year, CNBC reported, citing related documents.
If the U.S. government approve the plan, Akerson's annual compensation would increase more than 20 percent compared to last year, the report said.
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Construction firm Larsen & Toubro Ltd reported a quarterly profit well below analysts' estimates, as several of its local infrastructure orders were deferred, leading to a decline in domestic business. Full Article