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TATA MOTORS VRS
Tata Motors rolls out VRS after union push; around 300 employees opt inTata Motors recently offered a voluntary retirement scheme to its employees. This initiative was a response to demands from worker unions. ...- Building a seamless business doesn't happen overnight, says Tata Sons chairman N ChandrasekaranTata Sons chairman N Chandrasekaran discusses the performance and future plans of Tata Group companies. He highlights strong balance sheets...
- Hero MotoCorp initiates voluntary retirement scheme (VRS) for all staffThe VRS has been designed in line with the vision to make the organization ‘agile’ and ‘future-ready’, consolidating roles and reducing lay...
- Lumax shines bright on bourses amid better prospectsA sizable new business addition is expected from a new production program by M&M where the content per vehicle may reach Rs 20,000-25,000 d...
- After surviving pandemic, auto cos look to shed flabThe recovery since the lockdown has been swift in the passenger vehicle sector, but the market is still far from reaching the peak hit in 2...
- Honda Motorcycle & Scooter India floats voluntary retirement scheme to sustain operationsAccording to people in the know, HMSI Tuesday initiated the voluntary retirement scheme which is applicable to all permanent associates on ...
- Tata Motors offers its third VRS scheme in four years as part of its ongoing cost restructuring exerciseThee VRS scheme will be the third round of VRS offered by the company in four years. Tata Motors has a total of 42,597 employees and about ...
- Honda Cars India offers VRS scheme to its office associates as part of right-sizingThe maker of popular sedans had offered a voluntary retirement scheme to its plant workers in January-February and now has initiated a simi...
- Honda Cars initiates VRS for Greater Noida plant workers"The Voluntary Retirement Scheme has been offered to our manufacturing line associates which is a regular industry practice to increase eff...
- Tata Motors aims to cut costs via voluntary retirement scheme for executivesTata Motors, a unit of the $104-billion Tata Group, had 26,569 people on its rolls in fiscal 2016.
- Tata Motors announces voluntary retirement scheme for workersata Motors has been struggling in its domestic operations due to prolonged sales slump both in passenger and commercial vehicles segment.
- Bullish on Tata Motors among auto stocks: Deven Choksey"It would benefit the commercial vehicle space and one could possibly consider buying the Tata Motors kind of a company in the portfolio."
- VRS offered by companies to pick up further: ExpertsFaced with rapid fluctuations in business cycle and looking to optimise costs, Indian cos are likely to press further with the Voluntary Re...
- Tata Motors to offer voluntary retirement scheme to a section of employeesAsked how many employees would be offered the VRS, Tata Motors MD Karl Slym said it would be a "very minor" number.
- Army trucks: Ashok Leyland-L&T consortium emerges lowest bidder for Rs 100-cr contractA consortium of Indian firms has emerged the lowest bidder in the first in a series of Indian Army tenders to procure specialised vehicles.
- Kinetic Engg offers VRS at AhmednagarKinetic Engineering has announced a voluntary retirement scheme for its 496 workers at its Ahmednagar plant in Maharashtra.
- Fiat land sale hits a wallThis Land deal could well boil over into a political tug-of-war.
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