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In an earlier report, the committee had recommended the option of handing over the management of BSNL and MTNL to those professionals who have a proven track record of facing a stiff competitive environment coupled with efficient management of finances, equipment, manpower and modern marketing strategies.

Business

92,700 BSNL, MTNL employees opt for voluntary retirement

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

3 Dec 2019 8:16 PM IST

Technology

Boring Company fires 5 employees a month after unveiling decongestion...

Some of the fired employees helped construct the first underground passageway.

23 Jan 2019 12:10 PM IST

Musk and engineers from his rocket company, SpaceX, built a small submarine and shipped it to Thailand to help with the rescue. (Photo: AP)

Technology

SpaceX to fire 10 per cent employees

The company said it will part ways with some of its manpower, citing extraordinarily difficult challenges ahead.

12 Jan 2019 9:43 AM IST

Technology

Microsoft workers demand it drop USD 480 million US Army contract

Microsoft won a contract in November to supply the Army with at least 2,500 prototypes of augmented reality headsets.

24 Feb 2019 11:05 AM IST

Around 2000 employees will lose jobs as TCS is shutting down its office in Lucknow.

Business

TCS recognised as a global top employer

TCS is guiding many of the world's leading brands through their Business 4.0 transformation journeys.

20 Feb 2019 5:19 PM IST

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

Business

48 per cent employees keen on switching jobs for greater flexibility

About 56 per cent employees surveyed believed that having flexibility at work makes them more productive.

12 Feb 2019 5:07 PM IST

Central Bank of India on Saturday reported a net loss of Rs 576.76 crore for the quarter ended June 30, 2017.

Business

Central Bank to raise up to Rs 270 cr by issuing shares to employees

Stock of the bank closed 0.44 per cent down at Rs 33.85 on BSE.

18 March 2019 5:09 PM IST

Employers must hone their company culture. (Photo: Pixabay)

Technology

4 tech disrupting platforms using different ways to retain employees

Present-day enterprises are curating an excellent working environment for their most valuable assets.

18 March 2019 1:27 PM IST

The privatisation of loss-making Air India has hit a roadblock at the starting line-up itself.

Business

Air India requests 'inactive' crew to immediately join work

Air India's chairman and managing director Ashwani Lohani 'has requested all inactive crew to report for duty today...

16 March 2019 10:35 AM IST

$BSNL had recently said BSNL-MTNL combination will be \advantageous\ for both firms, given the synergies in areas like enterprise and mobile businesses.$ Business

Govt releases Rs 171 crore pending dues to MTNL to pay salaries

Both companies have failed to pay salaries of their employees for last month, according to employees' representatives.

14 March 2019 9:07 AM IST

Finance Minister Arun Jaitley during the release of book Mann ki Baat - A Social Revolution on Radio in New Delhi on Saturday. (Photo: ANI)

Business

Doubling tax-free gratuity limit to Rs 20L to benefit PSU, pvt sector...

Would benefit all PSU employees and other employees not covered by Payment of Gratuity Act, says Arun Jaitley.

6 March 2019 10:42 AM IST

Scheme will provide an assured pension based on a guaranteed rate of return of 8 per cent per annum for ten years.

Business

Govt offers pension for employees of public sector insurance companies

Decision is expected to benefit 42,720 employees of which 24,595 are of LIC and 18,125 of other companies.

4 March 2019 10:30 AM IST