Voluntary Retirement-scheme

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Voluntary Retirement-scheme - Total results - 19
BSNL, MTNL release over Rs 10,000 cr for employees voluntary retirement scheme
Business

BSNL, MTNL release over Rs 10,000 cr for employees voluntary retirement scheme

State-run telecom firms BSNL and MTNL have released over Rs 10,000 crore for employees who have opted for voluntary retirement scheme, according to a statement

Honda Cars initiates voluntary retirement scheme for Greater Noida plant workers to increase productivity, efficiency
Business

Honda Cars initiates voluntary retirement scheme for Greater Noida plant workers to increase productivity, efficiency

Auto major Honda Cars India on Wednesday said it has initiated a voluntary retirement scheme (VRS) for its manufacturing line associates at Greater Noida plant in Uttar Pradesh order to increase productivity and efficiency

Maharashtra IPS officer quits over 'communal, unconstitutional' Citizenship Amendment Bill, says law aims to stoke fear among Muslims, divide India
India

Maharashtra IPS officer quits over 'communal, unconstitutional' Citizenship Amendment Bill, says law aims to stoke fear among Muslims, divide India

A Maharashtra cadre IPS officer on Wednesday said he has decided to resign from the service as a protest against the 'blatantly communal and unconstitutional' Citizenship Amendment Bill

Over 92,000 employees of BSNL, MTNL opt for voluntary retirement scheme
Business

Over 92,000 employees of BSNL, MTNL opt for voluntary retirement scheme

Over 92,000 employees of state-run BSNL and MTNL have so far opted for the recently announced VRS scheme, according to a government source

After BSNL, MTNL rings in strong VRS response; says over 13,500 staff opted for scheme so far
Business

After BSNL, MTNL rings in strong VRS response; says over 13,500 staff opted for scheme so far

After BSNL, state-owned Mahanagar Telephone Nigam Ltd (MTNL) on Wednesday said its VRS plan has surpassed its internal estimates as more than 13,500 employees have opted for the recently-announced scheme so far

Over 77,000 employees have opted for BSNL voluntary retirement scheme: Official
Business

Over 77,000 employees have opted for BSNL voluntary retirement scheme: Official

Over 77,000 employees of state-owned BSNL have opted for the recently launched VRS so far, according to an official

Nearly 75,000 BSNL employees have opted for voluntary retirement scheme so far: Chairman PK Purwar
Business

Nearly 75,000 BSNL employees have opted for voluntary retirement scheme so far: Chairman PK Purwar

As many as 75,000 employees of Bharat Sanchar Nigam Ltd (BSNL) have already opted for the VRS scheme which rolled out recently, Chairman and Managing Director of the state-owned telecom corporation PK Purwar said on Thursday

BSNL rolls out VRS, expects up to 80,000 employees to avail scheme; company will save Rs 7,000 cr in wage bill
Business

BSNL rolls out VRS, expects up to 80,000 employees to avail scheme; company will save Rs 7,000 cr in wage bill

Within days of government approving a relief package for the ailing corporation, state-owned BSNL has rolled out a voluntary retirement scheme for its employees, and said it expects 70,000-80,000 personnel to opt for it leading to savings of about Rs 7,000 crore in the wage bill

MTNL, BSNL employees threaten to go on nationwide strike; dues not paid for two months
Business

MTNL, BSNL employees threaten to go on nationwide strike; dues not paid for two months

Employees have been protesting outside the office of MTNL as their salaries haven't been paid for two months—August and September

Auto sector slowdown: Hero MotoCorp comes out with voluntary retirement scheme for employees
Business

Auto sector slowdown: Hero MotoCorp comes out with voluntary retirement scheme for employees

Two-wheeler market leader Hero MotoCorp on Monday said it has commenced a Voluntary Retirement Scheme (VRS) for its employees with an objective to improve productivity and efficiency

BSNL employee union opposes voluntary retirement scheme, seeks 4G spectrum for telco's revival
Business

BSNL employee union opposes voluntary retirement scheme, seeks 4G spectrum for telco's revival

The BSNL Employees Union on Thursday opposed the government's proposal to implement a voluntary retirement scheme, alleging that it is a strategy to reduce the PSU's workforce before handing it over to a private player

Disinvestment: Away from the public eye, the government's attempts to shut sick state-run firms is worthy of notice
Business

Disinvestment: Away from the public eye, the government's attempts to shut sick state-run firms is worthy of notice

Few know that the government has cracked the whip on its own defaulters as well, and successfully closed down chronically sick public companies.

Hike in gratuity upper limit to Rs 20 lakh: Why Narendra Modi govt's decision will benefit only a minuscule section
Business

Hike in gratuity upper limit to Rs 20 lakh: Why Narendra Modi govt's decision will benefit only a minuscule section

The Modi government like its predecessors is also guilty of tinkering with the upper limit which leaves bulk of the toiling employees in the cold

Thousands transferred, branches closed, but no major protests in SBI
Business

Thousands transferred, branches closed, but no major protests in SBI

State Bank of India (SBI), has rationalised 716 offices (594 branches and 122 administrative offices) and several thousands of employees have been transferred beginning this fiscal.

2,800 employees of SBI's associate banks opt for voluntary retirement
Business

2,800 employees of SBI's associate banks opt for voluntary retirement

SBI Chairman Arundhati Bhattacharya said around 12,500 employees of the five associate banks are eligible to opt for VRS

VRS for Vijaylakshmi Joshi: Another IAS officer retires ahead of schedule
India

VRS for Vijaylakshmi Joshi: Another IAS officer retires ahead of schedule

A few days after Home Secretary LC Goyal sought early retirement, another IAS officer has filed for voluntary retirement (VRS): Vijaylakshmi Joshi, head of the Swachh Bharat mission

Govt to revive 5 ailing PSUs; plans VRS for employees of other units
Economy

Govt to revive 5 ailing PSUs; plans VRS for employees of other units

The government today said it has begun the process of reviving five ailing PSUs and is working on one-time settlement involving voluntary retirement scheme entailing a cost of Rs 1,000 crore for employees of six state-run units not capable of revival.

VRS benefit not a matter of right for employees: SC
India

VRS benefit not a matter of right for employees: SC

The three-member bench said it was "well settled" that only the employer can decide VRS pleas of its employees.

Air India to offer 'golden handshake' to executive cadre
Business

Air India to offer 'golden handshake' to executive cadre

Financially stressed Air India has proposed a voluntary retirement scheme (VRS) for its executive cadre employees to bring down manpower costs.