“The Enterprise, on April 28, 2016, introduced a voluntary retirement scheme for personnel who’ve eithercompleted 10 years of provider or are above forty years of age. This has been performed with the goal ofreducing headcount with a purpose to improve Productivity inside the Employer,” Titan Corporationstated in a BSE submitting on Friday.
The Organization added that it’ll replace the effect of this on the financials on conclusion of the scheme.
Titan became buying and selling down 1.ninety four per cent from its preceding close at Rs 362.10 on BSE.
(This story has no longer been edited through NDTV staff and is automobile-generated from a syndicated feed.)
story first published on: April 29, 2016 15:00 (IST)
Tags: Voluntary retirement scheme, Titan Company, Tata institution
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