In keeping with the objective of building a robust organisation in a rapidly evolving dynamic environment while retaining employee welfare at its core, Hero MotoCorp Ltd, the world’s largest manufacturer of motorcycles and scooters, launched a voluntary retirement scheme (VRS) for its staff.
The VRS has been designed in line with the vision to make the organisation agile and ‘future-ready’, consolidating roles and reducing layers to increase empowerment and agility. The company expects this to improve efficiency within the organisation through a lean and more productive organisation.
Applicable to all staff members, the VRS offers a generous package that includes – among other benefits - a one-time lump-sum amount, variable pay, gifts, medical coverage, retention of company car, relocation assistance, career support etc.
Netradyne, a global leader in AI-driven fleet safety, announced the launch of its flagship Driver•i D-450 video safety platform and the latest DMS sensor in India.
ChargeZone, India’s largest EV charging company with over 13,500 charging points, has launched ChargeClub, an exclusive loyalty programme designed to reward EV users for charging their vehicles.
Luminous Power Technologies has announced the launch of Edge, a bold new brand focused on smart, portable power designed for India’s mobile, connected, and sustainability-conscious consumers.