3rd round VRS in MTNL, this time for group C

Mumbai, April 18: The public sector Mahanagar Telephone Nigam Ltd (MTNL) has set in motion the third round of Voluntary Retirement Scheme for its employees.

Informing the BSE, the company said in an effort to right-size the organisation and having been encouraged by the response on the previous occasions, MTNL in its third round of VRS opened for non-executives (Group C&D employees), around 1,300 employees have already sought voluntary retirement.

These employees, whose cases are approved by the management, will be relieved from the rolls of the company with effect from June one, the release added.

UNI