The deadline given by the management of Bajaj Auto Ltd to resolve the over six-week long stand-off with the trade union at its Chakan plant over wages and shares comes to an end on Monday but neither side appeared to give in, Mint reported. The strike, which began on 25 June, is by far the most prolonged at any auto firm in the Pune region.
“I am giving another week to my team to resolve the crisis. Unless the issue is resolved within a week, we will be forced to move at least 50% of production and production capacity to the Aurangabad and Pant Nagar plants,” managing director Rajiv Bajaj had told reporters on 5 August.
Read the full report here