QUOTE AND NEWS
The Economic Times  Mar 21  Comment 
Emphasising that workers' interests are kept in mind while formulating restructuring plans for sick and loss-making CPSEs, he said that VRS is given for them at 2007 notional pay scale.
The Economic Times  Mar 17  Comment 
The five associate banks of SBI are State Bank of Bikaner & Jaipur, State Bank of Mysore, State Bank of Travancore, State Bank of Patiala and State Bank of Hyderabad.
The Hindu Business Line  Mar 14  Comment 
Within weeks of finalising its management restructuring, the Tata Motors board has approved a VRS proposal to significantly prune its middle management. The company is in the process of bringing d...
The Hindu Business Line  Mar 6  Comment 
Bureaucrats seeking voluntary retirement can now hope to see their requests acted upon within a set time frame under new service rules unveiled by the Centre. The move to effect major changes in se...
The Hindu Business Line  Feb 17  Comment 
As of December last, the banks had 73,268 employees on their rolls
The Hindu Business Line  Dec 21  Comment 
Bata India said the company’s board of directors on Wednesday considered and approved launch of a voluntary retirement scheme (VRS) for all eligible employees/workers at its Faridabad unit. The statu...
The Hindu Business Line  Dec 20  Comment 
The State-owned mining company Singareni Collieries Company Limited has come up with a voluntary retirement scheme (VRS) on health grounds. It enables the VRS optee on health ground to pass on the bat...
The Hindu Business Line  Dec 12  Comment 
The offer will be applicable to 55,000 officers and clerks in associate banks
The Economic Times  Dec 9  Comment 
The details of VRS is not known as yet. Sources in the SBI said all associate bank employees opting for it would get similar benefits




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