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

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

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

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

n all, nearly one lakh BSNL employees are eligible for the VRS out of its total strength of about 1.50 lakh.

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

Government may call it a merger but in reality it is cold-blooded murder of six banks,” a release by the bank unions said.

French, German, and UK workers are by far the most pessimistic about manager performance.

India is the fourth most optimistic nation about hiring plans for the next three months globally.

Auto sales declining for ninth straight month, more auto manufacturers are laying off workers and temporarily halting production.