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VRS SCHEME
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 ...11 Dec, 2020, 09.50 PM IST- Auto, manufacturing firms roll out VRS to streamline operations amid Covid-19Labour and employment lawyers said there has been an increase in VRS offers being rolled out by companies in the last few months after the ...07 Dec, 2020, 10.04 AM IST
- SBI moots VRS scheme to optimise costs, about 30,000 employees eligibleBesides, the draft scheme, seen by , said it will provide an option and a respectable exit route to employees who have reached a level of s...06 Sep, 2020, 06.52 PM IST
- Govt trying to revive BSNL, MTNL, make them professionalCommunications minister Ravi Shankar Prasad informed Rajya Sabha that in order to revive the public sector units BSNL and MTNL, the VRS sch...28 Nov, 2019, 08.53 PM IST
- Over 92,000 employees of BSNL, MTNL opt for VRS schemeAccording to the plan, all regular and permanent employees of BSNL, who attended the age of 50 years or above are eligible to seek voluntar...26 Nov, 2019, 09.44 AM IST
- MTNL says over 13,500 employees opted for VRS scheme so farMTNL had initially expected the voluntary retirement scheme (VRS) optees to touch 13,500, but the numbers have already reached 13,532 emplo...20 Nov, 2019, 02.00 PM IST
- Nearly 75,000 BSNL employees have opted for VRS so far: ChairmanThe 'BSNL Voluntary Retirement Scheme - 2019' that was rolled out last week, will remain open till December 3. BSNL is looking at savings o...14 Nov, 2019, 10.44 PM IST
- Nearly 70,000 BSNL employees opted for VRS so far: ChairmanBSNL Voluntary Retirement Scheme - 2019' was rolled out last week. According to the scheme, all regular and permanent employees of BSNL inc...11 Nov, 2019, 04.58 PM IST
- BSNL rolls out VRS scheme, expects 70,000-80,000 employees to opt for itAccording to `BSNL Voluntary Retirement Scheme - 2019' all regular and permanent employees of BSNL including those on deputation to other o...07 Nov, 2019, 09.51 AM IST
- Government plans lucrative VRS, 4G airwaves, debt reduction to revive state-controlled telcosVRS scheme for BSNL and MTNL would have a revenue impact of Rs 6,365 crore and Rs 2,120 crore, respectively, as per government estimates.04 Apr, 2019, 07.25 PM IST
- Government approves improved VRS for employees of CIWTCGovernment approved a proposal for an improved VRS for the employees of Central Inland Water Transport Corporation Limited (CIWTC) and its ...24 Dec, 2014, 09.43 PM IST
- Voluntary retirement scheme is optional to employees, says NokiaFinnish handset major Nokia today said the voluntary retirement scheme announced by the company for the employees of its facility near here...15 Apr, 2014, 09.12 PM IST
- Nokia workers allege management forcing them to opt for VRSThe employees at a meeting decided to seek the intervention of government to direct the management to make the VRS scheme optional and not ...15 Apr, 2014, 04.41 PM IST
- 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...14 Apr, 2014, 03.36 PM IST
- The Central Bank of India loses Rs 5.33 lakh to avoid paying 9.5 lakh retirement benefit to employeeThe Bombay High Court and the Supreme Court have ruled that Homai Darayas Postwala, an officer in the investment department was entitled to...18 Sep, 2011, 10.34 AM IST
- VRS takes toll on bottomlines of 49 firms in '03VRS has always been India Inc's pet cost-cutting tool. In FY03, 49 companies wrote off VRS costs, and in the process, saw their net profit ...31 May, 2003, 05.59 AM IST
- Govt to offer PSU staffers VRS with life insuranceThe voluntary retirement schemes (VRS) for employees of public sector enterprises (PSE) are going to be more attractive. The government is ...22 May, 2003, 06.34 AM IST
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