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Workers' Strike At Bajaj Auto Ltd's Chakan Plant Continues For Second Day-The Economic Times

Thursday, 27 Jun 2013 12:41am EDT 

The Economic Times reported that the production at Bajaj Auto Ltd's Chakan plant near Pune remained crippled as the agitation by Company's nearly 2,000 employees over wage revision and other demands continued for the second day. They also said there were no indications from the management about holding talks to resolve the issue so far. The plant has 925 permanent workers, besides 1,000 temporary and contractual employees and trainees. These 1,000 workers are also demanding permanent employment. The Union's demands include 25% wage hike, permanent employment for contractual workers, reinstatement of some suspended employees and bringing back to Chakan plant those transferred outside. It is also demanding that workmen be given an option to subscribe to 500 equity shares of the Company at a discounted price of INR1 per share. 

Company Quote

-10.7 -0.43%
26 Dec 2014