Voluntary Retirement Schemes

State Bank of India‘s (SBI) five associate banks will offer voluntary retirement schemes (VRS) for their employees before the date from which the merger will be effective. The date for the merger is yet to be notified.

Cash-strapped MTNL eyes new revenue lines to redial growth

CNBC-TV18's economy editor Siddharth Zarabi reveals that cash-strapped Mahanagar Telephone Nigam Ltd (MTNL) is looking for new sources to raise revenue

Maruti drives the VRS road; but is it the right direction?

Over a decade after first using it, the country's top auto maker Maruti Suzuki has once again deployed a voluntary retirement scheme to end a crippling 90-day strike. While that seems to have helped the company overcome its immediate problems, doubts persist over whether this is the end of its troubles.