-4.05 (-2.12%) Tata Steel has resumed work at its Kalinganagar plant site following an amicable meeting held on June 25, 2014 between the company’s senior management and representatives of the workers in the presence of the district administration.
Earlier on June 23, 2014, tension had erupted at Kalinganagar, the site of Tata Steel’s upcoming six million tonne steel plant, when 17 people sustained injuries due to clash between workers and the company’s security personnel. The contractual workers were agitating against wage payment and other issues.
Tata Steel, the flagship company of the Tata group is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 Company.