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AIR INDIA VRS
Ahead of Air India merger, Vistara offers VRS to ground staffThe full-service carrier, a 51:49 joint venture between the Tata Group and Singapore Airlines, is scheduled to merge into Air India by the ...- Air India rolls out VRS for non-flying staff ahead of Vistara mergerAir India confirmed the developments without sharing the specific details of the twin schemes that the airline rolled out on Wednesday givi...
- Air India set to lay off 200 staff to recast businessTata-owned Air India restructures, cutting 200 jobs. Compensation for retrenched staff. VRS schemes utilized. Air India Express part of the...
- Air India lays off over 180 non-flying staffAir India lays off 180+ non-flying staff after Tata Group's takeover. VRS, reskilling issues addressed. Vihaan.AI initiative focuses on agi...
- Air India extends last date for employees to apply for voluntary retirement till May 31The airline, which was acquired by Tata Sons in January 2022, announced last year that the new owners would retain all employees for one ye...
- Air India rolls out second VRS, to cover 2,100 staffAccording to the VRS memo, a copy of which was seen by ET, permanent employees who are above 55 years of age or who have completed 20 years...
- Air India makes voluntary retirement offer to staff a second timeThere has been a request from employees for extending the additional benefit of voluntary retirement to other permanent employees as well. ...
- Air India VRS: 4,500 opt for scheme by the new managementAir India had announced the VRS for permanent employees of Air India in June and relaxed the age eligibility criteria to 40 from 55. In add...
- Air India announces voluntary retirement for cabin crew, relaxes age criteria to 40 years from 55As per the existing applicable Service Regulations/Standing Orders of Air India, permanent employees can avail Voluntary Retirement subject...
- Air India employees cannot be retrenched for one year, VRS from second year onwardsThe government further said that the winning bidder will have to offer VRS to those who will be terminated from second year onwards.
- Air India unions to demand voluntary retirement scheme in Monday meeting"Our members have been approaching us and want us to discuss a voluntary retirement scheme package with the government as it is expected th...
- Regional Director accused of shoplifting at Sydney airport resigns from Air IndiaBhasin has been under suspension and not permitted to enter the premises of the national carrier since the date of the incident.
- Air India stake sale: Government mulls absorbing employees in PSUsAI, estimated to have a debt burden of more than Rs 50,000 crore, is staying afloat on taxpayers' money and the divestment plan is aimed at...
- Five sick PSUs to be shut, employees to get good VRS: Anant GeeteFive sick PSUs will be shut down and the government will pay good VRS package to their employees, according to Heavy Industries Minister An...
- Air India grounds voluntary retirement scheme citing high attrition, lack of fundsAir India has given a quiet burial to its VRS owing to high attrition rate & govt's disinclination to provide committed funds due to precar...
- Air India's plan to trim workforce stuck with Finance MinistryAir India's plan to trim its 27,000 bloated workforce by offering a voluntary retirement scheme (VRS) is stuck in the North Block.
- Air India planning to deny VRS to productive employeesThe finalisation of the VRS process itself has been delayed since the govt and Air India are working hard to retain talented people.
- Air India seeks Rs 1,100 crore more from government to implement VRSThe airline has sought this amount in addition to the Rs 10,600 crore that it is supposed to get this year.
- Dharmadhikari report suggests Air India listing on stock exchanges, voluntary retirement scheme for employeesThe Dharmadhikari report has many startling recommendations, including listing AI to facilitate ESOPs as part of VRS for 7,000 staffers.
- Air India Express COO S Chandrakumar seeks VRSIn a move that can once again push AI Express into uncertainty, S Chandrashekhar its chief operating officer has sought a voluntary retirem...
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