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VOLUNTARY SEPARATION OFFER
Rs 8,350 crore crash in Persistent shares explained: Why investors are worried about Nagarro dealPersistent Systems' shares plunged nearly 11% following its announcement to acquire Germany-based Nagarro for €1.27 billion. While the deal...- Senior citizen mistakenly paid tax on tax-free VRS compensation; wins complete relief from ITAT Chennai on this groundA senior citizen wrongly paid tax on Rs 24 lakh retrenchment compensation received under a BSNL Voluntary Retirement Scheme. Despite a sign...
- Crude shipments through Hormuz at highest since war amid concerns over Iran exit demandsCrude shipments through the Strait of Hormuz have surged following a ceasefire deal, reaching their highest levels since the conflict began...
- India's export ambitions need more than infrastructure, says BCBAAs India pursues its economic ambitions, the customs and logistics ecosystem will play a pivotal role in enhancing trade competitiveness an...
- Spiritual thought of the day: 'If someone takes responsibility without force that is love...' ISKCON's Radhanath Swami gives timeless wisdom on what true love really meansRadhanath Swami's spiritual thought of the day, “If someone takes responsibility without force that is love,” highlights the deep connectio...
- RBI cancels registration certificates of 135 NBFCsThe Reserve Bank of India has cancelled the registration of 135 non-banking finance companies. Thirteen other companies have surrendered th...
- NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
- Will registration at Rs 100 in Maharashtra: Why homeowners in cooperative societies, senior citizens should not delay estate planningA Will has always been optionally registrable under Section 18 of the Registration Act, 1908, and registration is not mandatory for validit...
- 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. ...
- Prediction markets say they're different from sportsbooks. Gambling addicts say it's all the sameThe soccer coach had blocked himself from sportsbooks by the time he found prediction markets.
- After layoffs, Microsoft targets 7% of US workforce for buyouts - who’s affected?Microsoft is offering voluntary retirement buyouts to approximately 7% of its U.S. workforce for the first time in its 51-year history. Thi...
- Explained: Is Google asking people to quit?The voluntary exit package (VEP) is reportedly aimed at employees who may feel out of sync with the organisation’s transformation involving...
- Top US health agency makes $25,000 buyout offer to most of its employeesMost of the 80,000 federal workers in the Health and Human Services Department have been offered up to $25,000 to leave their jobs as part ...
- Know why US SEC is offering its staff $50,000 to resign or retireThe all-staff memo was sent by the US Securities and Exchange Commission's chief operating officer Ken Johnson on February 28. It offers a ...
- Pune labour commissioner summons Amazon over mass layoffsThis is the second notice Amazon has received over its job cuts. In November, the labour ministry asked it to appear before the deputy chie...
- Amazon downplays India layoffs, terms them 'voluntary separation'ET on November 25 reported that the company had told the labour authorities in Bangalore that it has not sacked any employee, but only let ...
- Senior executives quit Oyo, company extends furloughs for some employeesFor its employees on the leave with limited benefits plan, Oyo said it is offering a cash benefit equivalent to their notice pay basis last...
- Oyo India offers voluntary separation or leave extension to employeesThe company said that for those who opt for VSP, the company will provide benefits such as financial assistance, relaxation on ESOP vesting...
- Cognizant offers voluntary separation package for US staff as Covid hits bizNew Jersey headquartered Cognizant has announced a voluntary separation package (VSP) for its US employees. Due to the slowdown in demand a...
- Didn't sack 1,000 in Sept, CEO's information incorrect: JetJet Airways spokesperson said that company had not sacked 1,000 persons in September and the correct position was that over 800 employees o...
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