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Falcon Tyres Ltd (FLTR.BO)

FLTR.BO on Bombay Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Falcon Tyres Ltd employee attempts suicide over salary - Deccan Herald
Friday, 22 Jan 2016 07:00pm EST 

Falcon Tyres Ltd:An employee of Falcon Tyres attempted suicide here on Friday, condemning the indifferent attitude of the factory management in paying salaries on time - Deccan Herald.Other employees, who learnt about his suicide attempt, gathered at the hospital and raised slogans against the factory management. - Deccan Herald.After the government intervened, the factory management opened the units for a brief period before stalling its operations, citing various reasons, the employees complained - Deccan Herald.The employees are given work only for a week in a month. The salaries are paid only after two months. This has put the employees into a lot of inconvenience, the workers complained - Deccan Herald.  Full Article

Falcon Tyres Ltd workers call off protest after 141 days- Deccan Herald
Sunday, 9 Aug 2015 08:00pm EDT 

Falcon Tyres Ltd:Says indefinite protest, launched by the members of Falcon Tyres Employees Union on March 23, was called off after 141 days on Aug.10.  Full Article

Falcon Tyres Ltd resumes operations - Deccan Herald
Monday, 29 Jun 2015 08:00pm EDT 

Falcon Tyres Ltd:Says Following a stir by employees that lasted 99 days, Falcon Tyres resumed operations on June 29 - Deccan Herald.Says employees, however, are sceptical about the company’s revival and will decide the future course of action at a meeting of the Falcon Tyres Employees’ Union convened on June 30.Says the company had ceased operations owing to financial issues in December last year, jeopardising the future of more than 2,000 employees.Says union had launched an indefinite stir in March, in front of the Deputy Commissioner’s office, demanding payment of salaries and resumption of operations.  Full Article

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