India's Maruti Workers End Their Strike
According to a current business events article, we are come to that the endless strike at Maruti Suzuki Manesar has come to an end. As this news journal reported, the strike took 14 days a long time which was troubling both workers and the company quite painfully but at last they returned to work on Saturday after ending the strike.
As this latest news headlines says the management, workers and the Haryana Government settled a tripartite agreement where the management agreed to take back 64 permanent workers and also agreed to reinstate 1,200 casual workers who were suspended before. As this news report says the agitation of workers cost company an estimated loss of Rs 825 crore - that is Rs 55 crores per day.
As this current business events article reported the strike was started on October 7 demanding reinstatement of about 1,200 casual workers and 44 permanent workers who were suspended following an agreement signed on October 1 to end a 33-day-long standoff. But now the entire thing has settled up and the workers have returned to work. As this latest news headlines says the company will be back to its normal state within few weeks and will overcome the loss in the middle of its trading.
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