The increase is effective from April 2015 onwards and arrears have been paid to the temporary workmen along with last month's salary, the spokesperson added.
Auto players Maruti Suzuki and Hero Motocorp will announce their fourth quarter earnings today.
Many analysts have given a thumbs up to Maruti Suzuki's plans to merge Suzuki Powertrain India, which supplies diesel engines and transmissions, with itself.
Maruti Suzuki's board has approved a proposal to merge Suzuki Powertrain India (SPIL) with the India's largest passenger car maker.
Taking a tough stand against the ongoing agitation at Suzuki's Indian entities, the Haryana government today declared the strike illegal and initiated process to cancel registrations of unions at Suzuki Powertrain and Suzuki Motorcycle.
Maruti Suzuki's production is heading towards a complete halt with its main plant in Gurgaon rolling out only a third of its daily output of 2,800 units on the 5th day of the strike today.
The country's largest car-maker Maruti Suzuki India today said the production at its plant in Gurgaon has been impacted due to strike at Suzuki Powertrain India Ltd (SPIL), which supplies engines to MSI.
Maruti Suzuki shares rebounded over 3% on Friday on news that the strike at two of its parts manufacturing units has been called off. The workers at Suzuki Powertrain struck work earlier in the week, plunging India’s largest passenger car maker into another crisis, at a time it is still battling a workers strike at its Manesar plant.
Maruti Suzuki India touched an intraday high of Rs 1,117.20 and an intraday low of Rs 1,060.20. At 11:25 hrs the share was quoting at Rs 1,105, up Rs 22, or 2.03%.