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Festive cheer in news organisations as pay cuts are reversed

Months after the Coronavirus reared its ugly head and made a shambles of the economy, the news industry is slowly coming out of the woods. This is apparent from the fact that several news organisations have reversed pay cuts that were introduced with the onset of the Covid2019 pandemic.

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Covid2019 pushes PVR into the red in Q2

NEW DELHI: Multiplex chain PVR closed the quarter ended 30 September 2020 in the red with a net loss of Rs 184 crore, as compared to profit of Rs 48 crores during the corresponding period of last year. This comes as no surprise, considering that cinemas were shut all over the country for the better...

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RIL posts strong Q2 earnings, media biz betters performance

KOLKATA: Reliance Industries Ltd (RIL) reported strong Q2 earnings on Friday. The telecom and retail business has driven the growth and the media business also bettered its performance. “We delivered strong overall operational and financial performance compared to the previous quarter with recovery...

Television TV Channels News Broadcasting
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Auto industry steps on the gas to lift festive season sales

NEW DELHI: India's automobile industry has had a bumpy ride these last few years. Add a global pandemic on top of that and the sector was completely stalled. However, with the onset of the festive season, the industry finally seems to be on the road to recovery.

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Reliance rolls back salary cuts for Viacom18

The Covid2019 pandemic forced several organisations to go for salary cuts across the board. The management at Reliance Industries (RIL) also opted for pay deduction at all levels across Viacom18 in April 2020.

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