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Provider : Reuters Investment Profile
Provider : Thomson Reuters Stock Report
Provider : Motilal Oswal Securities Ltd.
Provider : Spark Capital Advisors(India) Private Limited

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Bajaj Auto Ltd Union Calls Off Strike-Business Standard

Tuesday, 13 Aug 2013 05:17am EDT 

Business Standard reported that the 50 day workers’ strike at Bajaj Auto Ltd’s Chakan plant in Maharashtra has finally come to an end, even though none of the employees’ demands was met. The company management and union leaders have confirmed that the strike has been called off. Around 1,500 employees, including 600-odd contract and temporary workers, have stopped work at the Chakan plant since June 25. They are demanding wage revision, better work conditions, withdrawal of "fake and flimsy" cases slapped on 21 employees and huge stock options. None of the demands have been fullfilled by the management. 

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