Vrs

Govt committed to revival of BSNL for public service, fairness; not possible to retain all employees: Ravi Shankar Prasad

BSNL had a workforce of 1,55,296 employees as on 1 October 2019. The employee cost was 74 percent of the total revenue for the 2018-19 of BSNL, he said.

BSNL employee unions call for nationwide hunger strike today, to protest over delay in execution of Rs 69,000 cr relief package

In October 2019, the central government approved for BSNL and MTNL a Rs 68,751-crore revival package, which included allocation of 4G spectrum to the state-run firms, voluntary retirement scheme for employees, as well as their merger

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

MTNL shareholders approve Rs 6,500-cr NCD issue, monetisation of land and buildings

State-owned MTNL on Thursday said that it has received shareholders' approval for raising up to Rs 6,500 crore through issuance of non-convertible debentures as well as for monetisation of land and buildings

BSNL's VRS bears fruit: State-run telco likely to save up to Rs 600 cr per month on wage bills; may monetise land assets

In a major relief to the BSNL employees, the company is set to pay November salary before 31 December and the amount will be raised from internal accruals and bank loans.

BSNL eyes Rs 1,300 cr savings this fiscal after VRS becomes effective: CMD PK Purwar

State-owned Bharat Sanchar Nigam Ltd (BSNL) said on Tuesday that as many as 78,569 employees have opted for VRS, and added that it expects to save Rs 1,300 crore in wage bills this fiscal after the scheme becomes effective in January

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

BSNL seeks many more senior technical officers to ensure uninterrupted service amid VRS to reduce staff strength, expenses

The government in October approved a Rs 68,751-crore revival package for loss-making BSNL and MTNL, including 4G spectrum allocation and voluntary retirement scheme, as well as their merger.

BSNL bailout: Employee unions of state-run telco call for hunger strike today; say VRS not beneficial for lower-level staff

According to BSNL chairman and managing director P K Purwar, over 77,000 out of around 1.6 lakh employees of the loss-making telecom firm have opted for VRS.

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