{"id":349109,"date":"2020-05-01T12:29:39","date_gmt":"2020-05-01T06:59:39","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349109"},"modified":"2020-05-01T12:29:39","modified_gmt":"2020-05-01T06:59:39","slug":"reliance-cuts-employees-salary-by-10-to-50-per-cent-ambani-to-forgo-entire-salary","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/reliance-cuts-employees-salary-by-10-to-50-per-cent-ambani-to-forgo-entire-salary\/","title":{"rendered":"Reliance cuts employees&#8217; salary by 10 to 50 per cent; Ambani to forgo entire salary"},"content":{"rendered":"<p>NEW DELHI: With coronavirus lockdown hitting businesses hard, India&#8217;s largest company Reliance Industries has decided to cut the salary of most of its employees by 10 to 50 per cent with firm&#8217;s chairman and richest Indian Mukesh Ambani agreeing to forgo all his remuneration.<\/p>\n<p>Also, the oil-to-technology conglomerate has deferred annual cash bonus and performance-linked incentives that are normally paid in the first quarter, according to an employee communique.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: With coronavirus lockdown hitting businesses hard, India&#8217;s largest company Reliance Industries has decided to cut the salary of most of its employees by 10 to 50 per cent with firm&#8217;s chairman and richest Indian Mukesh Ambani agreeing to forgo all his remuneration. Also, the oil-to-technology conglomerate has deferred annual cash bonus and performance-linked incentives that are normally paid in the first quarter, according to an employee communique.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,207,143],"tags":[],"class_list":["post-349109","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-new-indian-express","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=349109"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349109\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}