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 Consultant

US Proposes Making “Entire 6 GHz Band Available for Unlicensed Use”

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More 5G, more Wi-Fi six, more AR and VR…

The US Federal Communications Fee (FCC) has drafted a proposal to increase the usable radio wave spectrum to include things like the six GHz band: a go that could spark accelerated advancement and rollout of hugely a lot quicker Wi-Fi six and 5G services.

At the minute the six GHz frequency band is only open to licensed consumers these as cell carriers and authorities organizations. It can accommodate in excess of double the bandwidth as the at present utilised 5 GHz band utilised by most Wi-Fi products today.

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