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."