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Voluntary Retirement Scheme

Oct 04, 2016 at 11:18 | Source: Housing.com/news
The Employees Provident Fund Organisation (EPFO), has revealed that it is working on a housing scheme, which will enable its subscribers to pledge their PF accumulations to buy homes and pay home loan EMIs R
Sep 28, 2016 at 16:04 | Source: PTI
Centre today approved Rs 4,777.05 crore package for closure of state-run Hindustan Cables Ltd, which would be used for paying wages, offering early retirement schemes and converting government loan into equity.
Sep 02, 2016 at 16:46 | Source: PTI
The Labour Ministry is actively considering proposal of a voluntary pension scheme mooted by the Employees' Provident Fund Organisation (EPFO), a senior government official has said.
Aug 31, 2016 at 14:00 | Source: PTI
The Cabinet, chaired by Prime Minister Narendra Modi, has given its approval for dissolution of CIWTC. The Voluntary Retirement Scheme (VRS) for CIWTC was implemented in the year 2015, an official statement said.
Aug 22, 2016 at 21:26 | Source: PTI
The Bunder diamond project was discovered in 2004 by the Australia-based mining major and in 2010 it inked an agreement with Madhya Pradesh for the development of the project.
Aug 18, 2016 at 14:00 | Source: PTI
At present, the subscribers seeking pension under the Employees' Pension Scheme 1995 has to get his pension claim application attested from the employer to fix the retirement benefit after superannuation.
Aug 12, 2016 at 14:08 | Source: PTI
Shakti Sinha, who took voluntary retirement, said despite its failure to broker peace between China and India, BRICS, along with G-7, needs to be looked at "as a strong substance or component of emerging G-20 which will navigate the world".
Aug 10, 2016 at 22:25 | Source: Moneycontrol.com
Bombay Dyeing & Manufacturing Company at its meeting held on August 10, 2016, has transacted the Voluntary Retirement Scheme Agreement and Company has entered into a Voluntary Retirement Scheme Agreement with the workers of the Companys Textile processing Unit at Ranjangaon, Dist. Pune, Maharashtra.
Aug 04, 2016 at 15:36 | Source: PTI
In line with the consistent efforts for enhancing productivity, improving manpower profile, rationalisation of manpower and optimisation of manpower cost, the company implemented the VRS during the period from May 1-June 30, 2016 at all its plants/units, it said in a BSE filing.
Aug 03, 2016 at 14:57 | Source: Moneycontrol.com
The watches and jewellery manufacturer's profit fell 16.3 percent to Rs 126.69 crore in Q1FY17 from Rs 151.5 crore in corresponding quarter last fiscal. The company had to bear an exceptional loss of Rs 97 crore due to voluntary retirement scheme announced during the period.
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Orissa Sponge  

Orissa Sponge Iron & Steel Ltd has informed BSE that the Board of Directors of the Company at its meeting held on January 10, 2013, have approved the following :1. Proposal for Voluntary Retirement Scheme (VRS) was considered and approved.2. Proposal for sending Notice for closure

4.24 PM Jan 19th 2013

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Tata Steel  

. From 1995 to 2001, Tata Steel reduced workforce from 78,300 to 47,300 by implementing a voluntary retirement scheme (VRS), and an early separation scheme (ESS). At the executive level, Tata Steel introduced the performance ethic programme. Had the VRS not been introduced in 1995, all its profits

11.14 PM Dec 25th 2012

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GlaxoSmith Con  

Huge land bank left with GSK Pharma --- Glaxosmithkline Pharmaceuticals Limited has informed the Exchange that all workmen at Thane Factory (except, one who has retired on July 31, 2012) of the Company have taken Voluntary Retirement Scheme offered by the Company. In view of the above, the Thane

7.17 PM Dec 3rd 2012

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Source:FirstPost - New Delhi: There may be nothing voluntary about the Voluntary Retirement Scheme (VRS) which Air India is planning. Not only is the Civil Aviation Ministry seeking a guarantee from the airline that the VRS scheme would not mean loss of “productive” hands, it has also sought

2.37 PM Sep 26th 2012

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Greaves Cotton  

Source:Business Standard - The All India Trade Union Congress has blamed Greaves Cotton for forcing voluntary retirement scheme on its 152 workers at its Pune factory.

4.43 PM Sep 21st 2012

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Source:FirstPost - Air India is looking to say bye bye to 5,000 people through a Voluntary Retirement Scheme (VRS), for which it wants government to fork out Rs 1,100 crore. This is over and above the total package of Rs 10,600 crore the airline has already sought from the Government

10.11 AM Sep 13th 2012

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GlaxoSmithKline  

Glaxosmithkline Pharmaceuticals Limited has informed the Exchange that all workmen at Thane Factory (except, one who has retired on July 31, 2012) of the Company have taken Voluntary Retirement Scheme offered by the Company. In view of the above, the Thane Factory has ceased operations

5.58 PM Aug 17th 2012

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Source:DNA India - The crackdown against illegal constructions in Pimpri-Chinchwad it seems has taken a toll on those who carried out the drive. Three officers of Pimpri Chinchwad Municipal Corporation (PCMC) have applied for voluntary retirement scheme (VRS) as they were reportedly getting threats

1.03 PM Aug 16th 2012

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Source:FirstPost - New Delhi: New Delhi: German sportswear giant Adidas today said its group firm Reebok India will offer voluntary retirement scheme to employees as part of a restructuring exercise in the company, which has been allegedly hit by a Rs 870-crore fraud by two former top executives

12.19 PM Aug 16th 2012

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Source:Business Standard - Adidas Group on Monday unveiled a three-pronged strategy in India that would include the possible closure of nearly a third of its 900 Reebok stores, a voluntary retirement scheme (VRS) for the 200-odd Reebok employees and integration of the two brands suppliers

1.11 PM Aug 14th 2012

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