• Sun, Aug 25, 2019
  • Ordinance factory workers call off strike
    The strike was called off following a series of dialogues between representatives of various employees' federations and senior officials of the defence production department.
    Ordinance factory workers call off strike
    The 30-day strike called by ordnance factory employees was called off on Saturday following an assurance by government officials that a panel will be formed to look into their concerns.Employees of 41 ordnance factories across the country had begun a strike on August 20 against government's plans to corporatise them as private sector entities.The strike was called off following a series of dialogues between representatives of various employees' federations and senior officials of the defence production department. The workers were reaffirmed that the proposed corporatisation of the Ordnance Factory Board, which is the parent organisation of all 41 factories, is under examination. Workers will join duty from Monday, said a senior Defence Ministry official.Defence Ministry officials, during the course of the dialogues, took cognizance of...
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    Institutional investments increased in the last ten years and have improved investor confidence, risk appetite and transparency.

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    Parle Products Pvt Ltd, a leading Indian biscuit maker was in controversy because of the news spread on the layoff of over 10,000 workers due to the slowing economic growth and falling demand in the...