News: Rajiv Bajaj rules out free shares for striking workers

#Updates

Rajiv Bajaj rules out free shares for striking workers

Hardening his stance against the unions, Bajaj Auto MD Rajiv Bajaj on Wednesday categorically ruled out offering free shares to striking workers even if they stopped working for 500 days. Agitating employees at Bajaj’s Chakan plant stopped work since June 25. Pune industrial and labour court judge NS Kole warned the workers' union it would give an ex-parte decision if it didn’t defend itself at the next hearing on July 22. The judge’s observation came after the union appeared without a lawyer despite earlier seeking time to appoint one.

Hardening his stance against the unions, Bajaj Auto MD Rajiv Bajaj on Wednesday categorically ruled out offering free shares to striking workers even if they stopped working for 500 days. Agitating employees at Bajaj’s Chakan plant stopped work since June 25. Pune industrial and labour court judge NS Kole warned the workers' union it would give an ex-parte decision if it didn’t defend itself at the next hearing on July 22. The judge’s observation came after the union appeared without a lawyer despite earlier seeking time to appoint one.

Bajaj Auto had filed a petition in the court to term the ongoing strike at the Chakan plant as illegal. Read the Financial Express report here.

Topics: #Updates, #IndustrialRelations, #Hiring, C-Suite

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