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Business Management

RIL announces salary cuts; Mukesh Ambani to forgo entire compensation


Reliance Industries Ltd has announced that it will reduce the salaries of some of its employees in the hydrocarbon division by 10 per cent in view of the “adverse impact” of the coronavirus pandemic on fuel demand.


The company’s board of directors would forgo 30 per cent to 50 per cent of their salary, and Chairman Mukesh Ambani, India’s richest man, his entire compensation, according to a letter signed by Reliance Industries Executive Director Hital R Meswani.



These pay cuts would apply to the employees in the hydrocarbon division who are earning more than

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Business Unit

Business school heads vow to fight axing of MBA apprenticeship

The heads of leading British enterprise colleges have vowed to thwart federal government plans to axe the MBA apprenticeship by splitting the review into two, with the majority nevertheless staying included by the education programme.

Apprenticeships for senior executives have mushroomed next federal government reforms to techniques funding that pressured businesses with yearly payrolls greater than £3m to established apart an equal to .five for each cent of this sum for paying out on office education techniques.

Unhappiness that levy cash ended up staying put in in this way, on programmes costing up to £18,000, prompted education and learning secretary

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Business Value

HUL Q4 consolidated net profit slips 3.56% YoY to Rs 1,515 crore

Hindustan Unilever (HUL) on Thursday posted a 3.fifty six for each cent year-on-year (YoY) decline in its consolidated net financial gain at Rs 1,515 crore for the quarter finished March 2020. The company had posted financial gain of Rs 1,571 crore in the year-in the past period of time. On standalone foundation, numbers stood at Rs 1,519 crore, down 1.23 for each cent from Rs 1,538 crore in the corresponding quarter of the preceding fiscal.

Revenue from functions (on consolidated foundation) stood at Rs 9,055 crore, down almost 10 for each cent from Rs 10,018 crore in the year-in the

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Business Consultant

GENCI, CEA, CPU and Atos arm European scientists against COVID19 with HPC facilities

Paris, April 28, 2020

Two of the most impressive supercomputers in France, Joliot-Curie, operated at the CEA’s supercomputing middle (TGCC), and Occigen, operated at CPU’s supercomputing middle (CINES), are supplying urgent computing entry to significant computer means to European study groups concerned in the struggle against COVID-19. The aim is to conduct epidemiological experiments of COVID-19 virus distribute, comprehend its molecular construction and habits and massively display and check opportunity upcoming molecules, to accelerate the lookup for an productive vaccine and guidance the world wide struggle against the virus. Equally supercomputers are based mostly on Atos’ BullSequana platform, world wide

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Business Express

Atos mobilizes technological expertise to fight Covid-19

Paris, 28 April 2020

Atos, a global leader in digital transformation, delivers its engineering leadership, capabilities and innovation sources to the global battle towards Covid-19. By quite a few direct and companion-led initiatives across the globe, Atos is engaged on many fronts, supplying solutions and computing electricity to aid include the spread of the virus, assist the scientific neighborhood, accelerate vaccine exploration and ensure organization continuity for essential pursuits.

“An efficient response to COVID-19 calls for global action and collaboration involving general public and non-public actors. We are proud to be aiding individuals functioning intensively on the frontline in

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