Business

TN notifies Renault Nissan industrial dispute arbitration

The Renault Nissan Automotive India Private Ltd and its workers union have created a history by going in for an arbitration to settle wage revision and other aspects, said a union official.

migrator

Chennai

The Tamil Nadu government recently published the terms of reference for arbitration on the dispute between car maker Renault Nissan Automotive and its union Renault Nissan India Thozhilalar Sangam (RNITS). 

This is the first time an industrial dispute in a multinational company will be decided by arbitration under the Section 10A of the Industrial Disputes Act 1947 in this part of the country, an union official told IANS. 

Renault Nissan Automotive India Private Ltd is the car production joint venture between French company Renault and Japan's Nissan Motor Company. 

The arbitrator is retired Madras High Court Judge P. Jyothimani and the fee will be Rs 150,000 per sitting to be paid by the company. 

The arbitrator will decide on the 53 demands raised both by RNITS (38 demands) and Renault Nissan Automotive management (15 demands).

Visit news.dtnext.in to explore our interactive epaper!

Download the DT Next app for more exciting features!

Click here for iOS

Click here for Android

Heavy rain boosts Pillur dam level by 7.75 feet in a day

CM Vijay visits Perambur MLA office amid Stalin's criticism

Special buses for Mahalaya Amavasai weekend, Tirumala Brahmotsavam

Drinking water to be suspended in south Chennai for 24 hours from October 10 onwards

After breaking PT Usha’s record, Vithya Ramraj sets sight on ‘Mission Sub-54’

SCROLL FOR NEXT