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  • 93,000 retired MTNL, BSNL staff to get ex-gratia plus pension pay-out under VRS: Report Mar 18, 2020 10:27 AM IST

    93,000 retired MTNL, BSNL staff to get ex-gratia plus pension pay-out under VRS: Report

    The government has decided to give out ex-gratia payment for only 40 months

  • Tata Motors launches VRS scheme for 500 execs: Srcs Mar 14, 2017 02:10 PM IST

    Tata Motors launches VRS scheme for 500 execs: Srcs

    Tata Motors, largest manufacturer in the Indian automotive industry, is planning a big organisational restructuring, according to sources. The company will launch VRS scheme for those employees who wouldn't be absorbed in the new management.

  • Expect operational profits by next fiscal year: MTNL Apr 27, 2016 01:36 PM IST

    Expect operational profits by next fiscal year: MTNL

    High salary and interest costs have hurt MTNL. It plans to cut salary costs by coming up with a Voluntary Retirement Scheme (VRS), says NK Yadav, CMD, MTNL.

  • Govt implements OROP; will cost exchequer Rs 8-10k cr Sep 05, 2015 03:14 PM IST

    Govt implements OROP; will cost exchequer Rs 8-10k cr

    One Rank One Pension will be effective from July 1, 2014, while the base year will be 2013. Pension will be revised every five years

  • Tata Motors' offers VRS to workers Feb 27, 2015 07:12 PM IST

    Tata Motors' offers VRS to workers

    The firm‘s domestic business has been under pressure for a while now. In the third quarter, it posted a loss of over Rs 2,100 crore on a standalone basis.

  • Govt to save BSNL; monetising PSUs land bank on agenda too Jan 31, 2014 10:56 PM IST

    Govt to save BSNL; monetising PSUs land bank on agenda too

    The other big reform for BSNLs revival, which incurred about Rs 7,000 crore of losses in the last fiscal will be to allow it to monetise land banks.

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