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700 trainees in Nokia Chennai plant opt for VRS

700 trainees in Nokia Chennai plant opt for VRS

Last Updated: Thursday, April 17, 2014, 22:10

Around 700 trainees at Nokia's Sriperumbudur facility near here have opted for the voluntary retirement scheme (VRS) announced by the company recently, union sources said.

Nokia VRS: Workers allege VRS forced; company says scheme “optional”

Last Updated: Tuesday, April 15, 2014, 22:24

Last month, the employees staged a one-day fast here to draw the attention of the central and state governments to their plight.

Tata Motors to offer VRS to section of employees

Last Updated: Wednesday, January 22, 2014, 16:59

Hurt by the prolonged slowdown in the auto industry, Tata Motors will offer a voluntary retirement scheme to a section of employees as it looks at rationalising costs.

AI grounds VRS plan citing high attrition, lack of funds

Last Updated: Sunday, January 05, 2014, 10:42

Air India had in July 2012 approved the VRS package for all its permanent employees who have served for 15 years or are at least 40 years of age.

Ashok Leyland offers VRS to 500 senior officials

Last Updated: Wednesday, December 04, 2013, 22:38

Hinduja Group flagship company Ashok Leyland has offered Voluntary Retirement service for 500 senior officials as on November 30, a top official said Wednesday.

Ashok Leyland announces VRS for staff to cut costs

Last Updated: Friday, November 08, 2013, 14:14

Hinduja flagship firm Ashok Leyland on Friday announced a voluntary retirement scheme for its employees as part of plans to cut manpower costs in the wake of continued slowdown.

AI's plan to trim workforce stuck with Finance Ministry

Last Updated: Sunday, May 19, 2013, 12:53

Air India's plan to trim its 27,000 bloated workforce by offering a voluntary retirement scheme (VRS) is stuck in the North Block, with the Finance Ministry questioning the rationale behind the proposed scheme.

New Skoda Octavia vRS gearing up for July launch?

Last Updated: Friday, March 29, 2013, 10:56

The car will have a larger boot and a roomier interior.

BSNL wants to offer VRS to one lakh employees to trim losses

Last Updated: Sunday, January 20, 2013, 13:53

"Around 1 lakh people in BSNL are in excess of the requirement and the company wants these people to take voluntary retirement," a top official of the company said.

Irrigation `scam` whistleblower seeks VRS

Last Updated: Thursday, November 01, 2012, 13:04

City-based irrigation department whistle blower Vijay Pandhare had blown the lid off alleged irregularities in various projects across Maharashtra.

Defence Ministry consults CBI on BEML issue

Last Updated: Tuesday, September 18, 2012, 19:52

The Defence Ministry is consulting the CBI on a plea for reinstatement by suspended BEML chief VRS Natarajan who has refuted corruption and other charges against him.

VRS proposals to cost over Rs 17,445 cr to BSNL, MTNL

Last Updated: Wednesday, August 22, 2012, 20:16

MTNL has estimated that VRS will reduce pressure on MTNL's wage and salary pay out to the tune of Rs 1,130 crore per annum, he said.