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.
The boss of Aldermore Bank, one of Britain's biggest challenger lenders, is leaving to run Fairstone Group, a privately owned wealth management and mortgage provider.
Sky is to cut roughly 600 tech jobs as a consultation involving 900 people begins.
The ventures arm of Channel 4, the state-owned broadcaster, is taking a stake in a new digital health company which aims to help tackle the growing scourge of chronic allergies in the UK.
The price of matcha has surged, with sales of the powdered tea up by 86% in the US, according to new research.
There are "no discussions around taxpayers' money" to prop up Jaguar Land Rover's (JLR) suppliers, according to the prime minister's official spokesman, as the carmaker grapples a lengthening production shutdown following last month's cyber attack.
The NHS will increase the amount it spends on medicines in response to criticism from pharmaceutical companies that the UK is becoming uncompetitive, science minister Lord Vallance has told MPs.
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