Voluntary Retirement Scheme

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

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

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

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

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

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

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

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

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

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.