Till now BARC and ISRO have enjoyed performance related incentives but the recent cabinet meeting has decided to cut it down to reduce extra burden on the economy.
Till now BARC and ISRO have enjoyed performance related incentives but the recent cabinet meeting has decided to cut it down to reduce extra burden on the economy. According to the sources, in a cabinet meeting headed by the state minister for space and secretaries from Bhabha Atomic Research Center and Department of Space it has been decided that now PRIS or Performance Related Incentive Scheme is not required since the scientists in these organizations are already getting the highest salaries in the country.
Executives at Vodafone will next month meet parliamentarians amid growing scrutiny of its treatment of dozens of its retail franchisees, which a prominent MP said possessed "uncomfortable echoes of the Post Office [Horizon IT] scandal".
The economy may be stuttering, unemployment may be rising, inflation may be above target.
The Bank of England has cut interest rates from 4% to 3.75%, its sixth cut since last summer.
BP is parting ways with the chief executive who was initially charged with leading its oil and gas-led profits drive under investor pressure for greater urgency.
The private equity firm Permira is working with a professional services veteran as it plots a takeover of the firm drafted in to oversee a controversial costs purge at Manchester United Football Club.
Paddy Power Betfair is to pay £2m for acting too slowly on concerning customer behaviours, including one player who staked £86,000 over 16 days and another who placed 300 bets in eight hours.
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