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.
HMT Watches has been making losses for the last 15 years.
The draft scheme, seen by PTI, said it will provide an option and a respectable exit route to employees who have reached a level of saturation in their career, may not be at the peak of their performance, have some personal issue or want to pursue their professional or personal life outside the bank.
Yadav's family had expressed desire to meet the DG following which the meeting was arranged.
Raut said the issue of passage of farm sector bills in the Parliament will have no impact on the elections in Bihar as the state votes "only on the basis of caste and religion".
Countries negotiating free trade agreements (FTAs) need to keep in mind eight "myths" which surround these pacts, like they lead to accelerated increase in exports and promote domestic manufacturing, according to a report by think-tank GTRI. The report by Global Trade Research Initiative (GTRI) claims to dispel these 'myths', including that FTAs weaken the WTO (World Trade Organisation), countries are rushing to do FTAs, and these pacts promote investment and lower prices. It is "erroneously" believed that most world trade happens through the FTA route, but in reality, it is less than 20 per cent, said the report titled 'FTAs: Fabulous, Futile, or Flawed?'.
'Not even a single rupee from the electoral bonds should be allowed to be used in the election.' 'If it is used in the election, it will taint India's electoral process itself.'
The CJI is expected to write to the President and the Prime Minister soon about his recommendation.
Iyer, popularly called Param, is keen to return to the US where he had spent several years working with the World Bank at its Washington office -- a job he later quit to become road manager for his daughter, a professional tennis player.
Successful inroads in new markets could drive Escorts' national share above the current 11 per cent, reports Ajay Modi.
'I wonder how people who come to power through democratic means turn out this way.' 'But people of India are strong, and those who think they can hoodwink people, are mistaken.' 'You can fool some people for some time, but not all people, all the time.'
The Union Cabinet on Wednesday approved the dissolution of the Central Inland Water Transport Corporation Limited as part of the government's move to identify and close down "irretrievable" cases.
The Ajit Pawar faction is the real Nationalist Congress Party (NCP), the Election Commission announced on Tuesday, ending months of speculation over the factional fight with his party founder and uncle Sharad Pawar.
A policeman has been left blind in one eye after being struck by six hit by South African David Miller in an Indian Premier League (IPL) match, local media reported on Saturday.
Monetising real estate assets is part of the overall relief package that would be used to retire debts, upgrade networks, and offer VRS aimed at reducing the telcos' employee strength by half.
No prizes for guessing what the BJP's election campaign is going to be, and who will provide important inputs for it.
The EoI and the share purchase agreement would be issued in January itself for the bidders. While Air India's net loss in 2018-19 was around Rs 8,556 crore, its current total debt is around Rs 80,000 crore.
'...the CBI, just to force people to implicate me and the CM, has beaten up dozens of people,' Kumar alleged.
Several groceries in the metro ran out of milk, curd, bread, and milk powder and some of them displayed "no milk, curd" boards.
The local arm of the Japanese two-wheeler manufacturer accounts for every second scooter sold in India.
Former Union minister RCP Singh on Thursday rued the "witch hunt" in the Janata Dal-United which he felt had resulted in many of his loyalists being sacked after the impression grew that he has ceased to be in the good books of Bihar Chief Minister Nitish Kumar.
Mulls ways to improve the bank's earnings, cut bad loans and step up credit recovery efforts
While Bhasin will be getting provident fund money and gratuity, he would not be getting leave encashment for 420 days, medical reimbursement for himself and wife, free passes for himself and wife, and holiday home facilities.
I am fulfilling the promise that I have made, said the PM on One Rank One Pension.
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.
The top court was hearing an appeal of the former judge against whom a full court of the Allahabad high court, on September 02, 2006, had resolved to punish him with curtailment of 90 per cent of pensionary benefits with immediate effect.
The JD-U has become probably the first party in recent years to target its own senior leader for corruption.
Former Indian Administrative Service officer A K Sharma was on Friday named a Bharatiya Janata Party candidate for the Uttar Pradesh legislative council polls a day after he joined the party, fuelling speculation that he will get a ministerial post.
Central government employees should not be allowed to earn annual increments if they fail to meet performance criteria.
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.
A staff court of inquiry found that Tej Bahadur Yadav guilty of making false charges.
he company said that though Katama has decided to quit, he would play a consulting role for a 'fixed' period.
Anil Rego, CEO, Right Horizons, answers your personal income tax queries.
Indian IT players, over the past few years, have pressed the paddle on re-training of their employees as new technologies take centre-stage.
The package includes raising of Rs 15,000 crore sovereign bonds to meet the immediate capital requirement of both the companies, 4G spectrum allocation worth Rs 20,140 crore, Rs 29,937 crore for VRS covering 50 per cent of their employees, and Rs 3,674 crore for goods and services tax that will be levied on allocation of radiowaves.
In 2015, the auto major had announced that it would cease production at the plant, a move that affected around 1,100 employees.
Has the army confronted China, equipping itself with emergency purchases that have been largely paid for by pensioners, asks Ajai Shukla.
Rediff reader Vijai Kumar Sharma, 79 from Jaipur tells us about his first salary.
A "minor" fire broke out in one of the living compartments of warship 'INS Savitri' in the Naval dockyard in Visakhapatnam but there were no casualties.
The government has merged the Department of Public Enterprises (DPE) with the finance ministry to give it a better control over state-owned firms and facilitate its ambitious privatisation programme. Finance ministry will now have six departments while DPE's hereto parent ministry, the ministry of heavy industries and public enterprises will now be called the ministry of heavy industries. Previously, the disinvestment ministry - created under the Atal Bihari Vajpayee government - was merged with the finance ministry and is now a department under it. Also, Foreign Investment Promotion Board (FIPB) was abolished and administration of foreign investments was given to the finance ministry (FinMin).
