MoneyWorks4Me

Bosch faces Tool Down strike by Union and Workmen of Bangalore Plant

30 Sep 2011 Evaluate

Union and Workmen of Bosch at Bangalore Plant have commenced a ‘Tool Down’ strike with effect from (w.e.f) I shift of September 28, 2011, without giving any prior notice to management. In view of the Union’s illegal and unjustified strike, the management of the company has decided to shut down Plant operations for workmen w.e.f. September 29, 2011. Efforts are in hand to resolve the matter and restore normalcy at the earliest possible date.

Bosch is India’s largest auto component manufacturer and also one of the largest Indo-German company in India. Bosch has a strong nationwide service network which spans across 1,000 towns and cities with over 4,000 authorized representations to ensure widespread availability of both products and services.

Peers
Company Name CMP
SamvardhanaMotherson 164.40
Tube Investments 2605.00
Bosch 47800.00
UNO Minda 1240.00
Bombay Burmah Trdg. 1510.30
View more..