Maruti Suzuki hit by worries about protests
Reuters Market Eye - Shares in Maruti Suzuki India (MRTI.NS) 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.
Maruti Suzuki hit by protest fears at Manesar plant
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.
- Tweet this
- Share this
- Digg this
- Russia can run on empty for a year if sanctions block new bonds
- U.S. strikes have slowed Iraq militants but not weakened them - Pentagon
- Apple says celebrity photo breach targeted, not due to its systems
- Actress Jennifer Lawrence contacts authorities after nude photos hacked
- Nasty, brutish and artsy? Neanderthal hashtag engraving found
The BSE Sensex on Tuesday breached the psychologically key level of 27,000 points for the first time to hit its third consecutive record high as blue-chips such as HDFC Bank gained after recent data raises hopes about the economy. Full Article