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Everest Industries’ worker-management tussle continues at Nashik plant

14 Sep 2012 Evaluate

Everest Industries’ Nashik plant is still facing worker-management tussle, as workers are still on strike. The company is facing labor strike for the past nine months, due to wage and issues related to the reinstatement of three sacked workers at the plant. The labour ministry of Maharashtra is taking stock of the situation and is likely to give its verdict by next week.

Meanwhile, officials of the Centre for Indian Trade Union (CITU) have met both the state labor ministry and the chief minister to resolve the situation as soon as possible but negotiations are still on between the two sides. The workers demand includ flexible working hours, wage hike apart from revoking the dismissal of certain workers.

Peers
Company Name CMP
Ultratech Cement 10631.95
Ambuja Cements 345.30
ACC 1126.55
Shree Cement 22261.20
Dalmia Bharat 1626.25
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