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MTNL VRS
MTNL shareholders' approve Rs 6,500-crore NCD issue, monetisation of land and buildingsMTNL said that majority votes were cast in favour of the monetisation of land and buildings.- About 92,700 BSNL, MTNL employees opt for VRS; firms to save Rs 8,800 crore annuallyMTNL Chairman and Managing Director Sunil Kumar said that the PSU too has exceeded the target set for VRS.
- 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...
- 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...
- BSNL-MTNL merger may be completed in 24 months: Telecom Minister Ravi Shankar PrasadThe government has earlier said that till the completion of the merger, Mahanagar Telephone Nigam Ltd (MTNL) will operate as a subsidiary o...
- 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...
- 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...
- 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...
- BSNL mulls biz continuity measures as VRS plan rolls out in full swing; talks on with DoTNearly one lakh BSNL employees are eligible for the VRS out of its total staff strength of about 1.50 lakh.
- Over 40,000 employees have opted for BSNL VRS so far: ChairmanIn all, nearly one lakh BSNL employees are eligible for the VRS out of its total staff strength of 1.50 lakh. The scheme that was rolled ou...
- 22,000 employees opt for BSNL VRS plan in 2 daysIn all, nearly one lakh BSNL employees are eligible for the VRS out of its total staff strength of 1.50 lakh. The scheme that was rolled ou...
- 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...
- BSNL, MTNL staff unions, associations meet Prasad; pledge support to government's relief planSources privy to the development said that the minister also met the employee unions and officer associations on Monday and that they assur...
- Ravi Shankar Prasad directs BSNL, MTNL to proceed quickly on VRS, asset monetisation plansThe government last month had approved a Rs 69,000-crore revival package for BSNL and MTNL. It includes an infusion of Rs 20,140 cre capita...
- BSNL, MTNL to be merged; Cabinet approves four-way revival planTelecom Minister Prasad said that government wants to make these companies more competitive.
- Amit Shah-headed GoM discusses VRS scheme for BSNL, MTNL employeesThe administrative cost for the allocation of 4G radio waves to BSNL is pegged at Rs 14,000 crore, and Rs 6,000 crore for MTNL.
- VRS package may save Rs 1,080 crore in annual salary tab: MTNL chiefImplementation of VRS is expected to lower expenses of the firms and provide them the much-needed liquidity.
- DoT floats draft proposal on 4G spectrum to BSNL, MTNLAll competitors of BSNL have 4G spectrum and invested heavily in building their network while the PSU has only 3G network.
- 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.
- Government yet to take call on VRS for BSNL, MTNL employeesBSNL and MTNL had submitted a proposal duly approved by their respective boards to seek financial support from the govt for implementation ...
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