April 23, 2020 / 10:44 AM / a month ago

BRIEF-NDTV Group Management To Implement Salary Cut Of Between 10-40%

April 23 (Reuters) - New Delhi Television Ltd:

* MANAGEMENT OF NDTV GROUP HAS BEEN FORCED TO IMPLEMENT SALARY CUT, EFFECTIVE APRIL 1, OF BETWEEN 10-40%

* SAYS NDTV GROUP HAS DECIDED NOT TO IMPLEMENT SALARY CUTS FOR EMPLOYEES WHO EARN 50,000 RUPEES PER MONTH OR LESS

* MEASURES TAKEN DUE TO IMPACT OF DECREASING ADVERTISEMENT REVENUE ACCELERATED BY ONSET OF COVID-19 PANDEMIC Source text for Eikon: Further company coverage:

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