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Rs 960 a month for US-returned engineer: Former Tata employee shares his 1977 job offer
Aug 7, 2026
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, which showed a starting salary of Rs 960 per month. He chose the role to work at Bombay House despite having better-paying options. He said, "The lure of working at Tata, inside Bombay House, mattered more."