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The worlds largest manufacturer of two-wheelers, Hero MotoCorp Ltd has launched a voluntary r...
Tata Group-owned, Air India is offering a voluntary retirement scheme for its non-flying staff. This...
Streamlining operations, Tata Group-owned Air India offers Voluntary Retirement Scheme to its thousa...
According to a Reuters report, Tata Sons has been selected as the winning bidder to take over state-run carrier Air India, the government said on Friday, marking the end of years of struggle to privatize the financially troubled airline. Tata Sons, the holding company for the autos-to-steel Tata conglomerate, bid 180 billion rupees ($2.40 billion) […]
Mother Dairy offers VRS for employees at East Delhi plant; maximum benefit Rs 20 lakh Mother Dairy, a leading milk supplier in the Delhi-NCR market, has come out with a voluntary retirement scheme (VRS) for employees working at one of its plants to bring operational efficiencies. The scheme is confined to its main plant at […]
Tata Motors offers third VRS scheme in four years as cost restructuring exercise On Friday, 11 December, Tata Motors has offered a voluntary retirement scheme (VRS) to its 42,597 employees as part of a cost restructuring exercise. As per media reports, around half of the total employees are eligible for the VRS scheme. This year, […]
Ashok Leyland announces voluntary retirement scheme Ashok Leyland has announced a voluntary retirement scheme for its employees, the company said on Friday. Its board of directors, at a meeting held on November 6, approved the scheme, Ashok Leyland said in a BSE filing. According to company statement, the scheme would be implemented over a period […]
Thermax offers a Voluntary Retirement Scheme (VRS) Thermax Limited, an Energy and Environment Company said in an exchange filing that it has announced a voluntary retirement scheme (VRS) for eligible employees. According to TOI report, “In view of Thermax reorganizing its manufacturing operations and considering the current economic scenario, the company has announced VRS for the benefit […]
Covid-19 impact: Honda Cars India Ltd. (HCIL) offers a voluntary retirement scheme to office associates Honda Cars India Ltd. (HCIL) has offered a voluntary retirement scheme (VRS) for office associates, having age more than 40 years or who have worked with the company for five years, the company spokesperson said. “The VRS scheme, launched on […]
Bharat Petroleum offers VRS to employees ahead of privatisation State-owned Bharat Petroleum Corporation Limited (BPCL) has brought a voluntary retirement scheme for its employees ahead of the government privatizing the country’s third-biggest oil refiner and second-largest fuel retailer. “The Corporation has decided to offer a Voluntary Retirement Scheme (VRS), with a view to enable employees, […]
