The scheme has been extended to all categories of employees.
A lump sum of Rs 100,000 has been offered under the VRS package.
The Department refused to allow transfer of the plant till the dues claimed by the department are not remitted by the company.
In the second of a four-part series, Business Standard checks out the currency press in Dewas to find target-based allowances have increased the monthly salary of employees from Rs 10,000 to Rs 30,000, at a time when notes are being printed 24x7.
This is perhaps for the first time the CBI raided a serving police chief of a state.
Not needed, it says, with 4,600 staffers to retire over next 3 years, plus transfer of 12,000 to new subsidiaries
The 61-year-old former top cop from Mumbai changed professions after listening to his 'inner voice'.
Sharmila had claimed that the family has been unable to contact her husband for last three days.
'What is this new PF rule? Complete nonsense!' 'I want my PF money right now and not when I am 58 years old.'
It's too big to digest as one whole airline.'
For FY16, MTNL's standalone net loss was over Rs 2,000 crore.
Let Air India - that anyway flies very limited international routes, often bleeding profusely and makes huge losses on trunk routes - do this national service, says Anjuli Bhargava.
I am fulfilling the promise that I have made, said the PM on One Rank One Pension.
Prior to 2011, the company was in dire straits. But recent financial results show its fortunes are on the mend.
Air India must tighten costs to comes out of the red or it wil perish in no time, says experts.
Many exemptions make little sense, such as a monthly exemption of Rs 100 for college education and Rs 300 for hostel fees.
National carrier Air India is running in losses and needs government's attention.
'Today, three areas give banks a big headache -- steel, power, infrastructure.' 'Three Cs are very critical in lending -- character, capacity and collateral of the borrower.'
The workers who were hired straight out of school as unskilled labourers are now struggling to find alternative employment because they lack skills.
'There were tears in my eyes when I parted with my medals. I thought was it for this moment did I become a soldier?' In 2008, Captain H Balakrishnan (retd) of the Indian Navy returned all his medals to the President of India to protest the government's failure to implement the One Rank One Pension scheme.
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