03/18/2010 05:12 am ET | Updated May 25, 2011

India Tries To Curb CEOs' "Vulgar" Pay Packages

BANGALORE, India -- India's politicians are arrayed against the country's corporate class in a battle over excessive executive compensation, a subject that has recently become extremely sensitive across the globe.

Two top members of Prime Minister Manmohan Singh's cabinet have cautioned Indian corporations to curb what is deemed "vulgar" pay packages of their executives.

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