IndiaVision RSS Feed    Browse IndiaVision on Mobile    Subscribe to me on FriendFeed    Follow us on Twitter    Follow us on Facebook
News | Videos | Hotels | Jobs | Blog | Yellow Pages | Games | Jokes | Chat | e-Cards | Astrology | Articles | Recipes | Send Gifts
IndiaVision - An Informative Site on India
IndiaVision NEWS
Today : Thursday - Jun 20, 2013, 01:06pm (GMT+5.5)
All News  
Top News
National News
International News
Business News
Sports News
   » Cricket
   » Football
Entertainment News
Sci - Tech
Politics News
Health & Fitness
Education
Travel
Lifestyle
Gulf News
Featured
 
::| Latest News
News in Pictures

In a huge sigh of relief for Indian boxer Vijender Singh, National Anti-Doping Agency (NADA) announced on Tuesday that the boxer has tested negative in the drug test.

Business News
 

Strike at Maruti's Manesar plant enters sixth day

Thursday - Jun 09, 2011, 04:42pm (GMT+5.5)
[+] Text [-]
New Delhi - The strike at Maruti Suzuki's plant in Manesar town  of Haryana entered its sixth day Thursday with talks between the workers and  management failing to resolve the deadlock over the creation of a second workers' union.

"Though the talks are going on, our stand is clear. The strike is illegal as  no intimation was given to us," Maruti Suzuki India chairman R.C. Bhargava  told IANS.

He added that some government agencies, including Haryana's labour  commission, were supporting the management.

According to him, the company had suffered a production volume loss of  around 5,400 cars till Thursday, including 600 units on the first day of the  strike Saturday.

The total loss has been pegged at around Rs.180 crore.

"Our losses are currently pegged at around 5,400 cars since Saturday," he  said, adding that the halt in production will have a short-term impact.

"Currently, dealers have enough stock for some 28 days of petrol-segment  cars, while a short-term effect may be felt for some diesel variants, which  in itself is only 20 percent of our entire portfolio," he said.

The company's facility at Manesar produces the company's bestseller  hatchbacks and sedans like the Swift, Swift Dzire, A-Star and SX4.

The majority of the automobile giant's production takes place at its  remaining three plants in Gurgaon district.

According to another Maruti official, the strike has the support of around  2,000-odd workers, out of whom 11 were sacked Monday for demanding  recognition of a separate workers' union.





|

Rating (Votes: )   

blog comments powered by Disqus


Related Articles:
» Sony holds shareholder meet as spin-off plan looms
» Fed may begin cutting QE later this year: Bernanke
» Rupee hits record low of 59.94 against dollar
» Rupee slips to another low ahead of US Fed meeting
» All will be consulted on seaplane service: Kerala minister
» Immigration bill to reduce deficit by $175 bn in 10 years
» US court upholds Exim Bank loan for Air India
» General Motors recalls 231,000 SUVs over fire risk
» General Motors recalls 2.31 lakh SUVs over fire risk
» Rupee weakens further to 58.90 Vs dollar
» Nifty rangebound; banks, auto and capital goods down
» Will Etihad deal help Jet Air pare debt in FY14?
» Rupee weakens by 59 paise to 58.46 Vs dollar
» Mexico to discuss deals worth $150 mn at Paris Air Show
» Decks cleared for civil terminal in Taj city Agra
» FCI to build 42 silos in 10 states to store foodgrains
» Gold declined by Rs 50 to Rs 28,250 per ten grams
» Australia to boost offshore oil exploration
» TRAI cuts roaming charges for calls, SMSes from July 1
» Conducive climate for private investment needed to spur growth: RBI
» Higher food inflation upping overall inflation: RBI
» Bharti completes 5 percent equity allotment to Qatar Foundation Endowment
» G8 summit: Putin warns against arming Syria rebels 'who eat organs'
» Jet Airways tanks over 12% after FIPB defers Etihad deal
» Sensex trades flat at 0.17 percent in pre-noon session


Other Articles:
India's food inflation rises, another rate hike in offing (9th Jun, 2011)
Bihar's businessmen upbeat ahead of China visit (9th Jun, 2011)
US stocks mixed as economic concerns weigh on market (9th Jun, 2011)
Indian markets start on quiet note (9th Jun, 2011)
Get paid to dispose off your old vehicles in China (9th Jun, 2011)
Zippo branches out in India with lifestyle products (9th Jun, 2011)
Real estate prices soar in Delhi (9th Jun, 2011)
SBI gets government nod for rights issue (9th Jun, 2011)
Infosys acquires software business of New Zealand firm (9th Jun, 2011)
New Colgate offering for instant relief from tooth-sensitivity (9th Jun, 2011)
Tax department targets Rs.26,000 crore revenue from Bengal (9th Jun, 2011)
Insurers to face challenges, but sector to grow: Survey (9th Jun, 2011)
Oil falls below $99 ahead of OPEC meeting (8th Jun, 2011)
Tata Motors partners Japan firm for eco-friendly fuel plant (8th Jun, 2011)
Government may engage outside agencies to trace tax evaders (8th Jun, 2011)
Sensex closes 94 points lower (8th Jun, 2011)
Fifth day of strike at Maruti's Manesar plant (8th Jun, 2011)
'Land crunch could force Goa builders to look outside' (8th Jun, 2011)
Sensex in red, range-bound (8th Jun, 2011)
Extra efforts needed to achieve tax targets: Pranab (8th Jun, 2011)
Reliance Securities launches investor awareness programme (8th Jun, 2011)
How about a 'cat - poo - cino' cuppa - coffee made from cat poo at £9 a shot! (8th Jun, 2011)
Zippo lighting up in India with lifestyle products (8th Jun, 2011)
Investors dump BlackBerry as iMessage seen major threat (8th Jun, 2011)
India to grow at a slower 8 percent: World Bank (8th Jun, 2011)




Visit IndiaVision On Your Mobile
Downlaod Mobile Apps
Downlaod Android Applications Downlaod Nokia Applications Downlaod BlackBerry Applications
Get Free Mail
Free Mail
Login | Sign Up
Download IndiaVision Free Toolbar
FireFox Safari Internet Explorer
 
Contact Us | Advertise with Us | Privacy Policy | Disclaimer | Terms of Use