News for 'VSS'

After Air India, Vistara announces VRS for permanent ground staff

After Air India, Vistara announces VRS for permanent ground staff

Rediff.com30 Jul 2024

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.

Ant Financial's stake value declines to Rs 2,742 crore on Paytm woes

Ant Financial's stake value declines to Rs 2,742 crore on Paytm woes

Rediff.com13 Feb 2024

The Chinese financial giant, which had invested in One 97 Communications since 2015, has seen a sharp decline of 45 per cent, or Rs 2,125 crore, in its stake value since the Reserve Bank of India (RBI) took action against Paytm Payments Bank on January 31. One 97 shares closed at Rs 422.6 a share on Monday. The Chinese company, however, had sold its stake worth Rs 8,293 crore in three tranches over one year.

Richard Branson completes spaceflight in his own ship

Richard Branson completes spaceflight in his own ship

Rediff.com11 Jul 2021

Virgin Galactic spaceship Unity carrying a crew of four, including British billionaire Richard Branson, dabbled into space and returned to Earth safely, a live stream of the event showed on Sunday.

Curfew in Odisha's Sambalpur after fresh violence during Hanuman Jayanti rally

Curfew in Odisha's Sambalpur after fresh violence during Hanuman Jayanti rally

Rediff.com15 Apr 2023

The violence came after Friday evening's Hanuman Jayanti processions were held under tight security.

Shirisha Bandla becomes 3rd Indian-American woman to fly into space

Shirisha Bandla becomes 3rd Indian-American woman to fly into space

Rediff.com11 Jul 2021

Aeronautical engineer Sirisha Bandla on Sunday became the third Indian-American woman to fly into space when she joined British billionaire Richard Branson on Virgin Galactic's first fully-crewed successful suborbital test flight from the United States state of New Mexico.

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Reliance buys controlling stake in Just Dial for Rs 3497 cr

Rediff.com16 Jul 2021

RRVL will make an open offer to acquire up to an additional 2.17 crore equity shares of Just Dial, representing 26 per cent stake, in accordance with Sebi Takeover Regulations, a regulatory filing said.

Labour pains could hit Hyundai's buyout of GM's Talegaon plant

Labour pains could hit Hyundai's buyout of GM's Talegaon plant

Rediff.com29 Mar 2023

Legal battles initiated by 1,000-odd former employees of the Talegaon plant continue to present a challenge for the acquisition process.

Life-changing experience to see Earth from space: Bandla

Life-changing experience to see Earth from space: Bandla

Rediff.com12 Jul 2021

Bandla, a 34-year-old aeronautical engineer, on Sunday joined British billionaire Richard Branson and four others on board Virgin Galactic's Spaceship Two Unity to make a journey to the edge of space from the US state of New Mexico

Reliance Retail acquires sole control of Just Dial

Reliance Retail acquires sole control of Just Dial

Rediff.com2 Sep 2021

Billionaire Mukesh Ambani-led Reliance Retail on Thursday said it has acquired sole control of 25-year-old search and discovery firm Just Dial. The firm's subsidiary Reliance Retail Ventures Ltd had in July announced a deal to buy a controlling stake in Just Dial for Rs 3,497 crore. Further to that announcement, "RRVL has now taken sole control of Just Dial Ltd in accordance with the SEBI Takeover Regulations with effect from September 1, 2021."

Why Umesh Yadav was terrified to bowl to Dravid, Laxman

Why Umesh Yadav was terrified to bowl to Dravid, Laxman

Rediff.com7 Jun 2020

Umesh Yadav recalled the Duleep Trophy 2008-09 match between Central Zone and South Zone in which he was up against Dravid and Laxman.

Meet the 3rd Indian-origin woman to go to space

Meet the 3rd Indian-origin woman to go to space

Rediff.com10 Jul 2021

She will become the third Indian-origin woman to fly into space after Kalpana Chawla and Sunita Williams.

Govt to shut 3 HMT units, offers VRS to employees

Govt to shut 3 HMT units, offers VRS to employees

Rediff.com6 Jan 2016

The Department of Heavy Industry has been undertaking appraisals of each loss making CPSE to assess the prospects of revival.

Smart investors: Madhuri, Devgn, Leone and more

Smart investors: Madhuri, Devgn, Leone and more

Rediff.com26 Feb 2014

Most (certainly not all) actors just act. But smart actors have been putting their monies in start-ups.

Images: Virgin SpaceShip2 makes first test flight!

Images: Virgin SpaceShip2 makes first test flight!

Rediff.com13 Oct 2010

The Virgin Galactic SpaceShip2 (VSS Enterprise) glides toward Earth on its first test flight after being released from its WhiteKnight2 (VMS Eve) mothership over Mojave, California, on October 10, 2010.

Golden handshake to cost JetLite Rs 5 crore

Golden handshake to cost JetLite Rs 5 crore

Rediff.com13 Sep 2008

Value-carrier JetLite, formerly full-service airline Air Sahara, which was bought by Naresh Goyal last year, will offer a voluntary separation scheme to 750 employees who have been with the airline for one year or below, Chief Operating Office Rajiv Gupta confirmed on Friday.

DISCOMS to pay pension, dues to VRS optees

DISCOMS to pay pension, dues to VRS optees

Rediff.com4 Jul 2007

Directing the DISCOMS to make the payments to the employees within three months, the Delhi high court asked them to adopt a method to pay pension, gratuity, leave encashment etc.

SoftBank-backed Ola raises $500-mn term loan

SoftBank-backed Ola raises $500-mn term loan

Rediff.com17 Dec 2021

IPO-bound mobility platform Ola, said it has successfully raised $500 million via a Term Loan B (TLB) from marquee international institutional investors. This term loan has no impact on the valuation of Bhavish Aggarwal-led Ola. The Bengaluru-based firm recently raised $139 million. This is part of a $1 billion funding round for which the company is in talks with investors, increasing its valuation to about $7.5 billion, according to the sources.

Orissa medicos protest quotas, burn Arjun's effigy

Orissa medicos protest quotas, burn Arjun's effigy

Rediff.com4 May 2006

They burnt an effigy of the Union Human Resource Development Minister Arjun Singh and shouted slogans against him.

In Space, On a Joyride

In Space, On a Joyride

Rediff.com10 Jul 2021

Will space tourism with a niche market of serving only the uber-rich ever be profitable, asks Kumar Abishek.

Employee-related litigation could hit UTI MF's valuation

Employee-related litigation could hit UTI MF's valuation

Rediff.com21 Dec 2019

The asset manager is yet to resolve the impasse surrounding the payment of pension to its erstwhile employees who had opted for voluntary retirement in 2003.

The secret to having a healthy heart

The secret to having a healthy heart

Rediff.com9 Sep 2015

A healthy diet that is low on fat and sugar combined by regular exercise can improve the life of your heart.