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.
India to receive normal rains, not surplus, as La Nina chances fade
MUMBAI/NEW DELHI India will receive normal rainfall over the 2016 monsoon season, not surplus as previously expected, with the chances of a La Nina weather pattern emerging over the period seen as unlikely, three senior officials at state-run weather department said.
Piramal to partner Bain Capital for distressed-debt investment
MUMBAI Piramal Enterprises Ltd said it would partner Bain Capital to invest in distressed assets, becoming the latest entrant in the space as the nation's banks are on a drive to clean up $120 billion of sour debt.
Wall Street opens little changed as investors eye Fed
U.S. stocks were little changed at the open on Wednesday as investors kept up their wait for Federal Reserve Chair Janet Yellen's speech on Friday for clues on the timing of an interest rate hike.