Bajaj Auto issues statement regarding the hunger strike by its workers
The manufacturer has refuted the reasons cited by the workers for the strike
Just a day ago, PTI reported that Bajaj Auto workers would be going on a two-day hunger strike. The hunger strike will be held on January 7 and January 8 to protest the management's anti-worker and anti-union activities. The strike was called by Vishwa Kalyan Kamgar Sanghatana which had stated that Bajaj Auto had adopted a strategy of terrorising and harassing workers. It stated that the union's active members have been transferred and...
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Bajaj Auto has reported a more or less flat performance at the bottom line as its net profit rose by just a percent to Rs 718 crore for the June quarter against Rs 711 cr in the year-ago quarter.
The company posted a net profit of Rs 738 crore for the quarter that ended in June compared with Rs 718 crore a year ago. Net sales rose 2 percent to Rs 4,809 crore.