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

Tue Nov 6, 2012 1:47pm IST

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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)
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