Dunlop India suspends operations at Chennai plantFebruary 22nd, 2012 - 7:02 pm ICT by IANS
Chennai, Feb 22 (IANS) Tyre maker Dunlop India has suspended operations at its plant here citing labour unrest.
In a statement to the Bombay Stock Exchange, the Rs.174 crore turnover company said unruly behaviour of workers at the Ambattur plant had caused heavy damages to its property, besides causing mental agony and torture to the management staff and their families.
According to the company, the workers had not adhered to the long term settlement (LTS) signed by the company with the employees union in 2009 and put hurdles in the smooth functioning of the plant.
The company belonging to the Kolkata-based Ruia group said the workers Monday did not allow dispatch of 7.5 tonnes of rubber mixture to Falcon Tyres, a group company.
Dunlop India said during the period of suspension of work which started Tuesday, the principle of “no work, no pay” will be followed.
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- Will try to get Sahagunj reopened, Bengal assures Dunlop workers - Oct 17, 2011
- Ruia Group acquires German Gumasol, eyes more - Aug 05, 2010
- Ruia Group's new focus: Africa - Aug 07, 2011
- Dunlop board allots shares to convert loan into equity - Apr 29, 2012
- Dunlop posts net profit of Rs.0.64 crore in Q3 - Jan 29, 2010
- Ruia Group acquires Germany-based Acument GmbH - Feb 21, 2011
- Dunlop India expects Rs.550 crore turnover - Jun 16, 2010
- Dunlop drops lay-off notice, asks workers to join duty - Apr 06, 2011
- Ruia Group to acquire two European firms - May 11, 2011
Tags: bombay stock exchange, crore, damages, dunlop india, falcon, group company, hurdles, labour unrest, management staff, mental agony, mixture, principle, ruia group, tonnes, torture, turnover, tyre, unruly behaviour