CORRECTED-MARKET EYE-India's Maruti Suzuki hit by worries about protests

Tue Nov 6, 2012 1:47pm IST

Related Topics

Stocks

   

(In 4th graf, corrects from Maruti spokesman to official, also
deletes reference to official saying protests were taking place
at the Manesar plant in headline and 4th graf as the official
was referring to former workers protesting, but not at the
plant)
* Shares in Maruti Suzuki India fall 1.6 percent after
The Economic Times reports workers are planning a hunger strike
and other peaceful protests to force the management to take back
the 548 employees sacked after the deadly violence in July that
hit production.
r.reuters.com/fyv73t  
* The workers are being organised by former union Maruti Suzuki
Workers Union, Economic Times reports, citing a union official.
* MSWU is no longer operational after instigating the July
violence, according to the report.  
* A Maruti official confirms to Reuters that former workers were
protesting, which would have no impact on production.

 (abhishek.vishnoi@thomsonreuters.com/henry.foy@thomsonreuters.c
m)
FILED UNDER:
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

COAL BLOCK ALLOCATIONS

REUTERS SHOWCASE

Banned From Bidding

Banned From Bidding

India bans Finmeccanica from bidding for contracts amid graft case.  Full Article 

Sugar Talk

Sugar Talk

Sugar export rebound at risk from rising domestic prices.  Full Article 

GDP Preview

GDP Preview

Economy likely grew faster in June quarter: Reuters poll.  Full Article 

New Ordeal

New Ordeal

After disasters, stricken Malaysia Airlines staff brace for job cuts.  Full Article 

Deal Talk

Deal Talk

Kleiner to invest in messaging startup Snapchat at near-$10 bln valuation - report.  Full Article 

Expert Zone

Expert Zone

Column - Why inflation is so persistent.  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage