The Economic Times

Rs 960 a month for US-returned engineer: Former Tata employee shares his 1977 job offer

Former Syndicate Bank chairman Ajay Nanavati shared his 1977 Tata Group job offer, revealing a starting salary of Rs 960 per month. Despite having better-paying offers, he chose Tata for the opportunity to work at Bombay House, a decision he now calls one of his smartest career moves.