Labour Unrest

After sweeping job cuts and taking big pay cuts when COVID-19 brought travel to a grinding halt, staff across the industry from pilots to baggage handlers are asking for big pay increases and better working conditions.

The Winning Leap:Need to secure personal data from cyber attacks

The Winning Leap this week discusses the need to secure personal data and intellectual properties along with a relook at how companies secure their physical assets against natural calamities, labour unrest and market volatilities.

Plant shutdown will not impact product supply, says Pfizer

Pharmaceutical firm Pfizer says no impact will be felt on product supply due to closure of the plant.

Labour unrest intensifies at Hero Moto's Manesar plant

The labour union has put forth issues with respect to not only their wages but also regarding a potential transfer of Hero MotoCorp‘s upcoming Neemrana facility, which is expected to be commissioned by the end of this year.

Workers call off strike at Bosch's Bangalore plant

Auto components maker Bosch today said a section of employees at its Bangalore plant protesting since March 7 today called off the strike.

Will Manesar-style labour unrest spread to rest of country?

There are four actors who should address the four factors behind the breakdown of employee relations, says Visty Banaji.

Strike at Apollo Tyres' Vadodara plant ends

Apollo Tyres today said it has signed an agreement with striking workers for resumption of normal production at its Vadodara plant, bringing to an end 17 days of labour unrest at the unit.

Maruti hits new 52-wk high as Oct sales accelerate 86%

Shares of India's largest passenger car maker Maruti Suzuki rose over 1 percent on Thursday to hit a new 52-wk high as its October sales accelerated 86 percent year-on-year to 1,03,108 units.

Maruti Suzuki Q2 net profit down 5% at 227.5 cr

Maruti Suzuki's second quarter net profit declined 5 percent year-on-year to Rs 227.5 crore, hurt by a month-long lock out at its Manesar plant following a labour unrest and higher discounts and other incentives offered to boost sluggish sales of petrol vehicles.

Maruti Suzuki Q2 net seen down 10.4% YoY at Rs 215 cr

It has been a potholed road in the second quarter for Maruti Suzuki given the labour unrest at Manesar, continued pressure on demand and higher discounts offered to boost petrol car sales. So expect a weak results announcement on Tuesday.

Maruti hopes to produce 1,600 units at Manesar by mid-Oct

India's largest passenger car maker Maruti Suzuki hopes to produce 1,600 units per day at its Manesar plant by mid-October, CNBC-TV18 reported on Monday.

S Africa mine unrest hits world No.1 platinum firm

Labour unrest sweeping across South Africa's mining sector hit top world platinum producer Anglo American Platinum on Wednesday, with striking miners blockading roads leading to shafts belonging to the mining giant, police said.

Analysts cut Maruti forecast after weak Q1, Manesar strife

Maruti Suzuki shares fell on Monday after it disappointed the street with a 23% drop in first quarter profit, despite strong revenue growth and analysts have now started cutting earnings forecast on the country's largest passenger car maker following continued uncertainties related to the labour problems at its Manesar plant.

Maruti says no idea when riot-hit factory will reopen

Maruti Suzuki has no idea when a factory hit by a deadly riot this week will reopen, the carmaker's chairman acknowledged on Saturday, saying it was impossible to import extra vehicles or shift lost production to another plant.

Maruti considers moving part production to Gurgaon: Sources

So as to ensure that production is not hampered further, Maruti suzuki management is considering to shift part of their production to Gurgaon, reports CNBC-TV18‘s Ronojoy Banerjee.

Maruti-plant violence tragic; biz confidence firm: Sharma

Terming violence at the Maruti Suzuki plant as "tragic and unfortunate", commerce and industry Minister Anand Sharma on Thursday said that such incidents would not shake the confidence of the industry.

Maruti's cars to cost more from January

Swati Khandelwal Jain of CNBC-TV18 caught up with Mayank Pareekh, managing executive officer- marketing and sales, Maruti Suzuki to get his view on the way forward for the industry. He confirms that auto companies are looking to hike cost in January.

Maruti Q2 net skids 60%; Co to build new plant in Gujarat

India's largest passenger car maker Maruti Suzuki, hit by a labour unrest at its plant in Manesar and a slowdown in auto sales, saw its second quarter net profit slump 60% year-on-year to lower-than-expected Rs 240.44 crore.

Labour unrest costs Maruti Suzuki market share

Labour unrest that began on Aug. 29 has crippled production at Maruti Suzuki, sending sales tumbling and allowing rivals to eat into its market share in an industry fighting for customers as high costs and interest rates bite.

Maruti back to work, govt calls for talk with workers today

Maruti Suzuki, India's biggest carmaker, resumed limited production at its Manesar plant shut down by labour unrest on Monday. Talks are all set to happen today between the management and the striking workers, held by the Haryana government, reports CNBC-TV18's Swati Khandelwal Jain.

Analysis: A bleak Diwali for Maruti and its work force

The run-up to this Diwali has been anything but cheerful for Maruti and its work-force. With the company hardening its stand against the striking workers, and they in turn moving court, an amicable solution doesn’t appear to be in sight anytime soon.

Lack of labour reforms causing unrest, says SIAM President

S Sandilya, president of SIAM tells CNBC-TV18 that if companies had options by the way of labour reforms, it could manage the labour in period of crisis.

Maruti workers seize control of factory wracked by unrest

Striking employees of Maruti Suzuki, India's biggest carmaker, have seized control of the Manesar factory hit by weeks of labour unrest, the company said on Monday, as a stand-off that has cost the firm over USD 150 million descended into violence.

Manesar deadlock: agitation continues; production ramped up

Even though work has resumed at India's largest car manufacturer Maruti Suzuki’s Manesar plant, things are not back in the black yet, reports CNBC-TV18

Maruti may partly resume Manesar plant operations today

Maruti Suzuki is likely to resume some operations at its Manesar plant in Haryana on Tuesday and may even employ temporary contract workers at the plant, according to RC Bhargava, chairman of India’s top passenger car maker.