Reliance cuts pay of executives in oil-and-gas division

Reliance cuts pay of executives in oil-and-gas division
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19.06.2020

MOSCOW (MRC) -- India's Reliance Industries has cut the pay of some top oil-and-gas division employees by up to 50%, according to six sources and a letter seen by Reuters, as it battles lower profitability because of the coronavirus epidemic, reported Hydrocarbonprocessing.Reliance, headed by India's richest man, Mukesh Ambani, has decided that employees earning more than 1.5 million rupe

Full article at mrcplast.com

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