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SG Analytics announces profit share plan for all employees


SG Analytics announces profit share plan for all employees
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Last Updated: May 19, 2021, 07:53 PM IST
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Synopsis
Sushant Gupta, Founder & CEO, SG Analytics said, “SGA is a people-first company. In-line with this philosophy, starting this year, we are initiating a company-wide profit share plan wherein, based on certain criteria, a share of profits of the company are going to be distributed evenly across all the employees.
Agencies
SG Analytics conducted two major hiring drives during the pandemic, virtually onboarding 200 employees during the year.
SG Analytics, a Pune headquartered research and analytics firm has announced a ‘Profit Share Plan’ where the company’s full-time employees will be covered under either this or the Employee Stock Option Plan. This inclusion will be in addition to its existing compensation structure. ....

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6 Reasons Asia Oil Refiners Are Not Going Away Soon


by Bloomberg
|Thursday, May 06, 2021
Asian refiners are expanding at a breakneck pace, even building massive new plants designed to run for at least half a century.
(Bloomberg) Predictions of peak oil and the impending demise of fossil fuels will hit Asian oil refiners especially hard. The region is home to three of the top four oil-guzzling nations, and more than a third of global crude processing capacity. Yet, Asian refiners are expanding at a breakneck pace, even building massive new plants designed to run for at least half a century.
What is going on?
After a century of powering the world’s vehicles, oil refiners are having to plan for an oil-free future in mobility as cars begin switching to batteries, ships burn natural gas, and innovation brings on other energy sources such as hydrogen. Goldman Sachs Group Inc. predicts oil demand for transportation will peak as early as 2026. ....

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