Seeing rise in labour woes in last 2 years: HMSI

Harbhajan Singh vice-president, industrial relations of Honda Motorcycle & Scooter India, says that the frequency of labour trouble has increased in last 2-3 years and is posing as a threat to the business environment.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead Travelcafe
moneycontrol.com

Home » News » Business

Mar 21, 2013, 10.21 AM | Source: CNBC-TV18

Seeing rise in labour woes in last 2 years: HMSI

Harbhajan Singh vice-president, industrial relations of Honda Motorcycle & Scooter India, says that the frequency of labour trouble has increased in last 2-3 years and is posing as a threat to the business environment.

Like this story, share it with millions of investors on M3

Seeing rise in labour woes in last 2 years: HMSI

Harbhajan Singh vice-president, industrial relations of Honda Motorcycle & Scooter India, says that the frequency of labour trouble has increased in last 2-3 years and is posing as a threat to the business environment.

Post Your Comments

Share Cancel

Harbhajan Singh vice-president, industrial relations of Honda Motorcycle & Scooter India, says that the frequency of labour trouble has increased in last 2-3 years and is posing as a threat to the business environment. 

Below is the edited transcript of his interview to CNBC-TV18.

Q: Another massive protest rally was organised today? Will this affect the industrial environment, which has already been vitiated on account of what we have seen happen at Maruti and previously even at companies like Honda Motorcycle and Scooter India (HMSI)?

A: This was ongoing in the past also but the frequency has increased in last two-three years. A large number of employees stay in Gurgaon where thousand of workers of different factories also stay in close proximity. What is happening is that, whenever there is any issue where some pressure can be applied on management then even the central trade unions take the lead, try to show solidarity and organise rallies.

Q: The incident of these rallies is clearly gone up and as a leading automaker in that region are you not worried at the increasingly volatile situation? How are you gearing up to deal with this?

A: What is happening today is that, a small company which employs 200-300 workers and if the management takes any action against indiscipline worker then it becomes a big issue and spreads like fire in the region.

There are instance where we saw that companies having 200-300 workers are seeing gate meetings of 1000 workers in front of company gate which poses a threat to the management staff and senior team members. This type of support boost the morale of the handful few troublemakers and then things at times moves out of hand.  

 

 

 

Maruti Suzuki stock price

On May 04, 2016, at 12:06 hrs Maruti Suzuki India was quoting at Rs 3831.15, up Rs 14.25, or 0.37 percent. The 52-week high of the share was Rs 4789.00 and the 52-week low was Rs 3202.10.


The company's trailing 12-month (TTM) EPS was at Rs 151.33 per share as per the quarter ended March 2016. The stock's price-to-earnings (P/E) ratio was 25.32. The latest book value of the company is Rs 936.03 per share. At current value, the price-to-book value of the company is 4.09.

Ads by Google

Buy, Hold, Sell ? Hear it first on M3
Seeing rise in labour woes in last 2 years: HMSI

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login