-148.30 (-4.19%) Auto-major, Mahindra & Mahindra's engine manufacturing facility at Igatpuri near Nashik, is likely to resume operations from April 23, 2013 with the management agreeing to reinstate two suspended employees.
The work was stopped at the said Plant due to a tool down strike by the Union post the suspension of two workmen on disciplinary grounds one of them being a union office bearer.
Mahindra & Mahindra (M&M) is the flagship company of the Mahindra Group, a multinational conglomerate based in Mumbai, India. Amongst the various business interests of its parent group, the company is mainly involved in the automobile manufacturing. It is one of the leading auto companies of India.