Vrs

Saturday, Apr 20, 2024 | Last Update : 03:30 AM IST

The Cabinet has approved administrative allotment of spectrum to BSNL and MTNL for providing 4G services.

MTNL, BSNL strategic assets; 92,000 employees opt for VRS: Minister

The merger would resultantly help the two companies to "provide better quality services to customers on a pan-India basis.

04 Dec 2019 1:18 PM

Around 78,300 employees of BSNL and 14,378 of MTNL have opted for the scheme.

92,700 BSNL, MTNL employees opt for voluntary retirement

The PSUs had set December 3 as last date for employees to opt for VRS.

03 Dec 2019 8:16 PM

The total debt on both the companies stood at Rs 40,000 crore, of which half of the liability is on MTNL alone.

MTNL rings in strong VRS response; over 13,500 staff opted for scheme so far

The government has approved a plum Rs 69,000-crore revival package for BSNL and MTNL.

20 Nov 2019 3:06 PM

The 'BSNL Voluntary Retirement Scheme - 2019', that was rolled out recently, will remain open till December 3.

Over 77,000 employees have opted for BSNL VRS: official

BSNL is looking at savings of about Rs 7,000 crore in wage bill, if 70,000-80,000 personnel opt for the scheme.

19 Nov 2019 1:06 PM

BSNL has pegged its internal target for VRS at 77,000 employees, and the effective date of voluntary retirement under the present scheme is January 31, 2020.

Nearly 70,000 BSNL employees opted for VRS so far: Chairman

The two firms will also monetise assets worth Rs 37,500 crore in the next three years.

11 Nov 2019 3:56 PM

Prakash said that the response was 'unprecedented', and that government's overall target stood at 94,000.

Over 60,000 BSNL, MTNL employees have opted for VRS so far: Telecom Secretary

The numbers of VRS optees have been steadily rising since the plan was announced earlier this week.

09 Nov 2019 12:25 PM

The VRS scheme for BSNL and MTNL will have revenue impact worth Rs 6,365 crore and Rs 2,120 crore on each company.

VRS package may save Rs 1,080 cr in annual salary tab: MTNL chief

The telco expects about 9,500 employees to opt for the scheme as and when it comes up, according to its chairman.

24 Apr 2019 2:18 PM

Employees union said that the govt should immediately allocate 4G spectrum for financial revival and should help BSNL.

BSNL employee union opposes VRS, seeks 4G spectrum for telco revival

Still, the DoT is creating roadblocks for BSNL to avail credit from banks.

05 Apr 2019 8:26 AM

On January 10, the government allowed overseas entities, including foreign airlines, to own up to 49 per cent stake under the approval route in Air India subject to certain conditions. (Photo: File)

Air India disinvestment: Govt explores ways to absorb workers in public sector

Air India, estimated to have a debt burden of more than Rs 50,000 cr, and the divestment plan is aimed at reviving the airline's fortunes.

14 Jan 2018 6:14 PM

Coal Minister Piyush Goyal. (Photo: PTI)

Panel yet to prepare VRS proposal for CIL workers: Piyush Goyal

Committee has been constituted to deliberate and formulate the draft Voluntary Retirement Scheme.

27 Dec 2017 4:51 PM

State Bank of India is country's largest public sector bank.

Ahead of merger, SBI offers VRS to 6,000 employees

Employees that bank wants to offer VRS scheme come from five associate banks to be merged with SBI soon.

29 Mar 2017 2:30 PM

Unions to oppose VRS for SBI associates' employees

Earlier, SBI chairperson had said there would be about 26,000 employees retiring in next two years.

18 Mar 2017 11:41 AM

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Shobhaa De

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