Additional Superintendent of Police Narayan Baramani, who faced Chief Minister Siddaramaiah's anger during a Congress rally in Belagavi, said he was 'attending to his duty'. This comes after reports that he sought voluntary retirement from service after the incident.
Indian carrier Vistara on Monday announced voluntary retirement scheme (VRS) and voluntary separation scheme (VSS) for its permanent ground staff ahead of its merger with Air India, which had announced similar plans for its non-flying permanent staff two weeks ago.
Tata Group-owned Air India has extended the deadline for non-flying staff to apply for the Voluntary Retirement Scheme (VRS) till May 31. The deadline for applying for the VRS, which was announced in April, ended on April 30. "Last date to apply for voluntary retirement for all the eligible employees has been extended till May 31," Air India Chief Human Resources Officer Suresh Dutt Tripathi said in an internal communication on Monday.
With a new chief executive officer (CEO) at the helm, the country's largest two-wheeler maker Hero MotoCorp is now looking to cut flab and move towards a leaner organisation. It has launched a voluntary retirement scheme (VRS) for its staff as it aims to make the organisation 'agile and future-ready'. Recently, the company's erstwhile chief financial officer (CFO) Niranjan Gupta was elevated as CEO.
'If his health was good he would have become CM again after polls.' 'Those who are with Nitish Babu today will remain with him till the elections to use his name for votes and would definitely play games with him after the polls.'
Pandian joined the Chief Minister's Office (CMO) in 2011, and since then, he has been Patnaik's private secretary.
More than 1,600 employees of Air India, the former state-run carrier now owned by the Tata group, have opted for voluntary retirement under a scheme announced on June 1. These employees comprise 22 per cent of permanent staff (around 7,000). The airline has a total employee strength of around 10,800, including those on contract.
Tata-owned Air India has launched a Voluntary Retirement Scheme (VRS) for its employees- in the airline's first drive to reduce headcount. The salt-to-steel conglomerate acquired the carrier last year. As of November 2019, the airline had 9,426 permanent employees.
Senior leaders of the Biju Janata Dal (BJD) in India are calling for action against Rajya Sabha MP and national spokesperson Sasmit Patra for allegedly creating confusion among lawmakers regarding the Waqf (Amendment) Bill. The controversy arose after Patra, despite the party's announced opposition to the Bill, revealed he had voted in favor of it and stated that MPs could vote according to their conscience. The situation has led to accusations of a possible "deal" between the BJD and the Bharatiya Janata Party (BJP).
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The Tirumala Tirupati Devasthanams (TTD), the custodian of Lord Venkateswara Swamy temple, has barred 18 employees from participating in all religious activities for allegedly partaking in non-Hindu activities. The decision has been defended by the Andhra Pradesh government, citing the need to protect the religious sentiments of Hindu devotees. The move has sparked debate, with some supporting the TTD's stance and others criticizing it as discriminatory.
The new TTD chief said all those who work at Tirumala should be Hindus.
'Second Innings Tap VRS-2020' will be opened to all permanent officers and staff who have put in 25 years of service or completed 55 years of age on the cut-off date.
The Indian Petrochemicals Corporation Ltd, a Reliance company, has announced a one-time voluntary retirement scheme for its workers.
The maiden Test ton celebration in Salaar style was a tribute to his father Mutyala, who watched his son rescue India from the stand behind team's dug-out.
BSNL Chairman and Managing Director P K Purwar told PTI that the scheme will be open between November 4 and December 3, and that instructions have already been given to field units to inform employees about the VRS offering.
The government last month had approved a plum Rs 69,000 crore revival package for BSNL and MTNL that includes merging the two loss-making firms, monetising their assets and offering VRS to employees so that the combined entity turns profitable in two years.
People who are close to retirement and don't intend to go back to full-time work again should deploy a part of their VRS money in equities so that it keeps growing at a faster rate.
The closure of its Sewri facility has dented Colgate's second-quarter performance
Union sources claimed production at the Chennai plant, considered one of the biggest for Nokia, had declined from 13 million handsets per month to four million per month.
Bharat Petroleum Corporation Ltd on Thursday announced a voluntary retirement scheme for eligible employees and the scheme would remain open till May 31.
Air India has laid off more than 180 non-flying staff in recent weeks, sources said while the airline maintained that the affected people were not able to utilise the voluntary retirement schemes and reskilling opportunities. The loss-making Air India was taken over by the Tata Group in January 2022 and since then, efforts are being made to streamline the business model. An Air India spokesperson on Friday said that as part of the fitment process, employees in non-flying functions have been assigned roles based on organisational needs and individual merit.
The company, which has a subscriber base of 120 million, also plans to raise funds via a bonds issue. The company's impending 4G launch is also expected in the second half of the current financial year for which it would invest Rs 12,000 crore, partly through bonds.
The VRS has been mostly offered to cut costs in wake of economic slowdown, the experts said.
About 507 employees of Oil and Natural Gas Corp have opted for voluntary retirement under the latest VRS scheme floated by the company, the Rajya Sabha was informed on Tuesday.
From a 15-16-level hierarchy, the organisation is moving to a flat five-level hierarchy.
Merck Ltd announced a voluntary retirement scheme to non-bargainable employees in its Taloja plant.
Omkeshwar Singh, Head, Rank MF, a mutual fund investment platform, answers your queries.
HMT Watches has been making losses for the last 15 years.
A company spokesperson said VRS is and will be offered to 'white-collar workers only'. Tata Motors employs around 30,000 people.
The VRS notice was pasted on the gates of the company's Uttarpara unit by the management, which said all workers would be paid their statutory dues plus and additional amount of Rs 100,000 each.
In his concluding remarks at the 'Chintan Shivir' in Udaipur, Gandhi had said that it is only the Congress that can fight the BJP at the national level and regional outfits cannot fight this battle of ideology.
In her application to the Union Home Ministry submitted a few weeks ago, the Director of Bureau of Police Research and Development has cited pursuant of "strong academic and social interest" as the reason for quitting the service.
In order to cut flab and improve efficiency, public sector general insurance companies are planning to offer a second round of voluntary retirement scheme to their employees.
Videsh Sanchar Nigam Ltd said it hasnt formulated any VRS plan yet.
State-owned MTNL, dogged by a flabby workforce and tremendous pressure from unions against job cuts, has achieved a virtual feat by successfully offering voluntary retirement to over 1900 employees.
Air India's hopes of slashing 5,000 jobs through a voluntary retirement scheme (VRS) may be too ambitious, say experts and union leaders. The airline would need about Rs 700 crore to put the offer together, and it is yet to secure the finance ministry's approval for this.
Nokia shut down has also resulted in the loss of job for over 12,000, who were indirectly employed by the company.
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