News for 'voluntary retirement'

Will Modi's new induction in UP pose problems for Yogi?

Will Modi's new induction in UP pose problems for Yogi?

Rediff.com7 Jul 2021

'Sharma was sent to Lucknow for a purpose, but he has merely been adjusted in the party hierarchy because the chief minister refused to induct him into his government. He was secretary in the Central government and was holding a much higher office than the state ruling party's vice-president' Virendra Singh Rawat reports.

One year since Tatas took over Air India, here's how the journey has been

One year since Tatas took over Air India, here's how the journey has been

Rediff.com2 Feb 2023

When the Tatas re-boarded Air India on January 27 last year, the price of aviation turbine fuel was at over Rs 80,000 per kilolitre. Rupee was trading at around Rs 74 to a US dollar. The Omicron variant of Covid-19 was in prevalence - barely a week earlier, India had reported over 340,000 cases on a single day. Seven-day home quarantine of international travellers was the norm.

CVC orders fresh inquiry against ex-home secy

CVC orders fresh inquiry against ex-home secy

Rediff.com8 Oct 2015

The CVC had received a complaint accusing Goswami of influencing decisions linked to Sinh and an enquiry in the case is going on, official sources said.

1980 Olympians Kaushik, Ravinder succumb to COVID-19

1980 Olympians Kaushik, Ravinder succumb to COVID-19

Rediff.com8 May 2021

Former India hockey player and coach M K Kaushik on Saturday died after battling COVID-19 for the past three weeks.

Foxconn employees to go on hunger-strike on Jan 23

Foxconn employees to go on hunger-strike on Jan 23

Rediff.com13 Jan 2015

Trouble began at the manufacturing facilities of Foxconn situated at Sriperumbudur near Chennai after it decided to suspend production from December 22, 2014. Fearing job losses the employees have been resorting to agitations since then.

Manipur govt files status report on arms recovery 'for SC's eyes only'

Manipur govt files status report on arms recovery 'for SC's eyes only'

Rediff.com22 Sep 2023

The Manipur government on Friday told the Supreme Court that it has filed a status report on the issue of recovery of arms from 'all sources' in the ethnic violence-hit state.

Can This Babu Be Punjab's Giant Killer?

Can This Babu Be Punjab's Giant Killer?

Rediff.com28 Feb 2022

'The honourable prime minister virtually handpicked me for the Amritsar East seat.' 'Amit Shahji announced that if I am elected, the whole of Punjab will be drugs free.'

Nokia union seeks Centre's help to save roughly 6,000 jobs

Nokia union seeks Centre's help to save roughly 6,000 jobs

Rediff.com21 Oct 2014

Union Commerce Minister Nirmala Sitharaman said she will pursue the matter with the finance ministry

Nokia paid Rs 250 cr VRS to Chennai staff

Nokia paid Rs 250 cr VRS to Chennai staff

Rediff.com25 Jul 2014

Nokia shut down has also resulted in the loss of job for over 12,000, who were indirectly employed by the company.

Government has accepted OROP, but bones of contention remain: Ex-servicemen

Government has accepted OROP, but bones of contention remain: Ex-servicemen

Rediff.com5 Sep 2015

The government is considering appointing a committee under a judge to go into the issue of equalisation of pension, Major General Satbir Singh (retd), who has been leading the 'One Rank One Pension' protest in Jantar Mantar for the last 80 days, said after a meeting with Defence Minister Manohar Parrikar.

How BSNL can turn around its fortune post Rs 1.64-trn govt package

How BSNL can turn around its fortune post Rs 1.64-trn govt package

Rediff.com1 Sep 2022

Just a few weeks ago, Communications Minister Ashwini Vaishnaw did some tough talking with the senior managers of Bharat Sanchar Nigam Ltd, the ailing state-owned telecom service provider. The message was clear: They had to perform, quit by taking the voluntary retirement package or be compulsorily retired from service. The terse message from an otherwise polite and soft-spoken minister came just days after he announced a second and bigger package of Rs 1.64 trillion as part of a four-year turnaround plan for BSNL.

Nokia trying its best to ensure Chennai plant transfer

Nokia trying its best to ensure Chennai plant transfer

Rediff.com24 Apr 2014

The Chennai plant may be excluded from software giant Microsoft's acquisition of Nokia's handset business for 5.4 billion euros due to tax issues.

4 telcos and a debt of Rs 3.85 trillion!

4 telcos and a debt of Rs 3.85 trillion!

Rediff.com12 Jul 2021

Mobile operators with the exception of Reliance Jio are in a much worse financial condition than expected earlier. The combined borrowing of the four incumbent operators - Bharti Airtel, Vodafone Idea, Bharat Sanchar Nigam (BSNL), and Mahanagar Telephone Nigam (MTNL) - reached an all-time high of Rs 3.85 trillion at the end of March this year. The companies' combined debt was up 22.4 per cent year-on-year last financial year against 8.3 per cent growth in their borrowing in the previous year. As a result, the incumbent operators' debt-equity ratio shot up to an unsustainably high level of 6.83X at the end of March this year from 2.3X at the end of March 2020. This was largely due to big losses reported by all these companies last financial year. The four incumbent operators racked up combined net losses of Rs 70,000 crore in FY21.

Indian economy has recovered 'handsomely': Panagariya

Indian economy has recovered 'handsomely': Panagariya

Rediff.com25 Jan 2022

The Indian economy has recovered 'handsomely' from the pandemic-induced disruptions, former Niti Aayog vice chairman Arvind Panagariya said on Tuesday, while expressing hope that the recovery will be sustained and the growth rate of 7 to 8 per cent will be restored. Panagariya suggested that the government must now signal its intention to wind down fiscal deficit by cutting it by half-to-one percentage point in 2022-23. "The Indian economy has recovered handsomely, returning to its pre-COVID GDP... "Only private consumption is still below its pre-COVID-19 level," the eminent economist told PTI in an interview.

Are Indians over-insured?

Are Indians over-insured?

Rediff.com8 Jan 2015

Are you surprised at this title? Well, then read on to find out the truth...

From the sports arenas to the political battlefield

From the sports arenas to the political battlefield

Rediff.com24 Apr 2019

Right from the great Muhammad Ali, who was an influential figure during the African-American Civil Rights Movement to Cte d'Ivoire footballer Didier Drogba, who had a major hand in bringing peace to his country, sports personalities across the world have always played huge roles in social and geopolitical movements. The scenario is no different in India, as a lot of sporting stars have taken the political plunge. Take a look at the sports personalities contesting in elections 2019.

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.

Banks form GM-level teams for merger ease

Banks form GM-level teams for merger ease

Rediff.com5 Sep 2019

Banks are also weighing the option of hiring experts for help in specialised areas.

Post Microsoft deal, Nokia's Chennai staff may lose jobs

Post Microsoft deal, Nokia's Chennai staff may lose jobs

Rediff.com29 Apr 2014

Last week, Nokia offered financial help to employees who wished to explore opportunities elsewhere

HC allows wife to meet Tej Bahadur Yadav

HC allows wife to meet Tej Bahadur Yadav

Rediff.com10 Feb 2017

Sharmila had claimed that the family has been unable to contact her husband for last three days.

VRS offered by companies to pick up further: Experts

VRS offered by companies to pick up further: Experts

Rediff.com14 Apr 2014

The VRS has been mostly offered to cut costs in wake of economic slowdown, the experts said.

BPCL privatisation move make workers jittery

BPCL privatisation move make workers jittery

Rediff.com8 Sep 2020

Older workers are headed for the VRS exit in larger-than-expected numbers even as unrest stirs over unrevised wage settlements.

'Chintuji would chide me for acting like a 'heroine''

'Chintuji would chide me for acting like a 'heroine''

Rediff.com13 Apr 2022

'I was heartbroken, reeling from the sadness that came with the realisation that I would never working with him again.'

'Wrong to allege ED is politically motivated'

'Wrong to allege ED is politically motivated'

Rediff.com11 Apr 2022

'Whatever ED officers do -- issue summons, conduct searches or arrest a person -- they have to face the courts.'

Why Europen Union hosted lunch for Bihar's Nitish?

Why Europen Union hosted lunch for Bihar's Nitish?

Rediff.com20 Sep 2013

The European Union on Friday reached out to Bihar Chief Minister Nitish Kumar, who is considered one of the important leaders from non-Bharatiya Janata Party opposition, ahead of next Lok Sabha polls.

Olympic medal winner Rajyavardhan Rathore quits army, joins BJP

Olympic medal winner Rajyavardhan Rathore quits army, joins BJP

Rediff.com10 Sep 2013

Shooter Rajyavardhan Singh Rathore, who won a silver medal at the 2004 Olympic Games, has retired from the Indian Army after a long stint to take up a new challenge -- politics.

Kiran Bedi assumes charge as LG of Puducherry

Kiran Bedi assumes charge as LG of Puducherry

Rediff.com29 May 2016

Bedi is the fourth woman Lt Governor of the UnionTerritory, a post which was under the additional charge of Lt Governor of Andaman and NicobarIsland for nearly two years.

Budget: TUs want FM to hike I-T ceiling, minimum wages, pension

Budget: TUs want FM to hike I-T ceiling, minimum wages, pension

Rediff.com19 Dec 2019

They said that massive public investment in infrastructure, social sectors and agriculture would generate employment and the Union Budget should give it a priority and allocate necessary funds for this.

Kiran Bedi appointed new LG of Puducherry

Kiran Bedi appointed new LG of Puducherry

Rediff.com22 May 2016

Former IPS officer Kiran Bedi was on Sunday appointed as Lt Governor of Puducherry.

Nokia employees' union mulling legal action

Nokia employees' union mulling legal action

Rediff.com8 Oct 2014

About 900 employees would lose their jobs following the suspension of operations at the plant.

Why this lady hid during Covid drive

Why this lady hid during Covid drive

Rediff.com11 Jun 2021

Shailajanand Mishra lists The Top Videos of the Week.

UPA regime responsible for Nokia plant troubles: TN Govt

UPA regime responsible for Nokia plant troubles: TN Govt

Rediff.com11 Jul 2014

Industries Minister P Thangamani told the assembly. He was responding to a query by A Sounderrajan of CPI-M.

Remembering A A Khan: The Tough Cop

Remembering A A Khan: The Tough Cop

Rediff.com24 Jan 2022

Unlike other top police officers, A A Khan spoke boldly --- be it while defending 'encounters' in many of which he was involved, or in tracing the cause of the ghastly Radhabai Chawl incident, recalls Jyoti Punwani. Encounters were useful, he said, because hardened criminals who were targeted were beyond reform and no good for society.

Why getting the 'right' price for Air India will be a tough task

Why getting the 'right' price for Air India will be a tough task

Rediff.com26 Mar 2018

If the government is asking a maximum price for Air India but asks to keep old personnel, it will not match.

Will BJP replace Nitish with RCP Singh?

Will BJP replace Nitish with RCP Singh?

Rediff.com9 Jul 2021

'Nitish Kumar was not happy about promoting R C P Singh as Union minister.'

Tata Motors fixes rights issue price at Rs 450 a share

Tata Motors fixes rights issue price at Rs 450 a share

Rediff.com25 Mar 2015

The company will offer a total of up to 15,06,44,759 ordinary shares

Received VRS? How to generate passive income

Received VRS? How to generate passive income

Rediff.com15 Jan 2020

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.

Nokia to shut down its Chennai factory from November 1

Nokia to shut down its Chennai factory from November 1

Rediff.com7 Oct 2014

Nokia said that it will be informing all stakeholders including the Labour Commissioner of the suspension.

Teen shuttler Lakshya counts losses amid lockdown

Teen shuttler Lakshya counts losses amid lockdown

Rediff.com27 Apr 2020

With five titles under his belt, Lakshya Sen was racing towards the top echelons of international badminton before his stunning run was halted by the coronavirus pandemic, which brought all sporting action to a halt across the world. With the world in lockdown to contain the deadly disease, Lakshya too is enduring the uncertain times within the confines of his apartment, near the Prakash Padukone Badminton Academy (PPBA) in Bengaluru.

We don't want lame OROP, say veterans @ Sainik Ekta rally

We don't want lame OROP, say veterans @ Sainik Ekta rally

Rediff.com12 Sep 2015

Hundreds of army veterans held a 'Sainik Ekta' rally to press for "honest and truthful justice" as they rejected the One Rank One Pension scheme announced by the government even as some ex-servicemen groups dissociated themselves from the demonstration.