Govt may hike FDI limit in pension sector; Bill likely in Monsoon SessionThe government is poised to significantly boost foreign direct investment in the pension sector, potentially raising the limit to 100%. A b...
19 Apr, 2026, 01.49 PM IST
Joint mutual will alert: Surviving spouse can’t change beneficiaries after partner’s death - what parents must knowDaughters secured an inheritance in Kerala despite their parents' Will. The High Court ruled in their favour, granting them a share of the ...
12 Apr, 2026, 05.41 PM IST
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 ...
30 Jul, 2024, 12.07 AM IST
Air India launches separation scheme before merger with VistaraDetails of the schemes reviewed by ET showed permanent employees who have completed at least five years of service are eligible for the ret...
18 Jul, 2024, 08.40 AM IST
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...
17 Jul, 2024, 11.02 PM IST
Air India-Vistara merger likely to impact around 600 non-flying staff600 non-flying Air India and Vistara staff will be impacted by the Tata Group merger. Job placements within Air India and Tata companies ar...
10 Jul, 2024, 09.45 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
Cognizant begins to rationalise top deckThe voluntary separation programme could be for 300-400 executives holding the title of a director.
27 May, 2019, 11.43 AM IST
Volkswagen Group owned MAN Trucks exits Indian marketMAN trucks will have aftersales as an active function for next 5 years to provide support to its customers.
08 Aug, 2018, 06.27 AM IST
Niti panel for winding up 26 sick CPSEs: Arjun Ram Meghwal"Over the years, this has become a significant drain on limited resources of the government. The committee has made the recommendations of ...
03 Feb, 2017, 09.24 PM IST
Modi government decides to shut 3 HMT units, offer VRS to employeesThe decision to shut the units was taken at a meeting of the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi.
07 Jan, 2016, 03.20 AM IST
VRS opting employees can't be on same footing as others: SCSC said the employees, who took VRS, are not entitled to enhanced pensionery benefits which are being given to others with retrospective ef...
07 Jan, 2015, 08.38 PM IST
Dogged by poor orders from Microsoft, Nokia moves to single-shift operationAt the peak of production, Nokia used to make 1.50 lakh mobile handsets a shift or nearly 4.50 lakh mobile phones a day.
12 Jun, 2014, 01.17 PM IST
- 430 employees given voluntary separation in Q3: RIL
RIL, led by the country's richest person Mukesh Ambani, paid a sum of Rs 110 crore during the quarter to the affected employees.
22 Jan, 2009, 06.36 PM IST
- Didn't sack 1,000 in Sept, CEO's information incorrect: Jet
Jet Airways spokesperson said that company had not sacked 1,000 persons in September and the correct position was that over 800 employees o...
10 Dec, 2008, 08.01 PM IST
- ArcelorMittal to cut over 1,550 jobs in Germany & Belgium
World's largest steel maker, ArcelorMittal, will cut over 1,500 jobs in Germany and Belgium in response to sagging demand. Europe, Japan sl...
10 Dec, 2008, 01.15 AM IST
- Airlines line up job cuts to tide over challenging times
Reeling under the high fuel rates, country's leading airlines, including Kingfisher and Jet, are looking at downsizing staff strength, apar...
02 Oct, 2008, 12.07 PM IST