Maruti Manesar Strike

• Maruti workers, sacked after Manesar violence, to protest on first anniversary of strike

  The demonstration today marks one year since labour unrest at the plant resulted in riots and the death of a senior human resources executive.

• Workers at Maruti, Hero, Suzuki to go on strike tomorrow

  Production at leading automobile companies in the Gurgaon-Manesar belt, including Maruti Suzuki, Hero MotoCorp and Suzuki Motorcycle India, will be hit tomorrow as workers have decided to stay away from work in support of the two-day strike called by central trade unions than began today.

• Why Maruti Suzuki shares jumped 4 per cent

  Stocks of auto manufacturer Maruti Suzuki rallied over 4 per cent in trade today. The shares have jumped over 27 per cent in the past three months, outperforming both the BSE Sensex and auto indices, which rose nearly 3 and 9 per cent, respectively, in the same period despite the strike at its Manesar plant and the fifth consecutive fall in quarter...

• Maruti's Gurgaon union backs sacked workers of Manesar unit

  The worker's body of Maruti Suzuki India's Gurgaon plant has thrown its weight behind the sacked colleagues of the Manesar unit who are going on a two-day hunger strike from tomorrow to protest their reinstatement.

• Maruti Suzuki hit by protest fears at Manesar plant

  Shares in Maruti Suzuki fell 1.6 per cent after a business newspaper reported that workers are planning a hunger strike and other peaceful protests to force the management to take back the 548 employees sacked after the deadly violence in July that hit production.

• Maruti faces costly shutdown after factory riot

  The violence has left investors worried that Maruti has failed to resolve labour tensions at the Manesar plant.

• Maruti Q3 profit falls over 60% to Rs 205 crore

  The company's net sales declined 17.4 per cent to Rs 7,663.6 crore in the third quarter against Rs 9,494.5 crore (year-on-year). Net profit declined 63.6 per cent to Rs 205.6 crore in Q3 against Rs 565 crore (YoY). “The depreciation of the rupee during the quarter adversely impacted the bottom line through higher cost of imports for the company a...

• Maruti falls ahead of Q3, margins in focus

  Analysts would be closely watching the margins as royalty payout is likely to go up on yen appreciation against rupee.

• A year to forget for auto industry

  The year witnessed continuation of the bad blood between West Bengal's ruling party, the Trinamool Congress and Tata Motors.

• Plans to go to Gujarat not related to Manesar strike: Maruti

  The decision to set up a plant in Gujarat has nothing to do with the labour unrest at the Manesar plant in Haryana, the country's biggest carmaker Maruti Suzuki India (MSI) said on Thursday. Rebutting reports that the company is "moving out of Haryana and shifting its base to Gujarat" after its decision to purchase land in Gujarat, MSI said:...

• Maruti stock rises as strike at Manesar plant ends

  Shares of Maruti Suzuki India rose by nearly 4 per cent in early trade on Friday after the 14-day-long strike at the company's Manesar's plant was called off on Friday morning. Following the development, shares of the company jumped by 3.88 per cent to Rs 1,117.55 on the BSE and were the best performer among the Sensex blue-chips at 9: 55 am...

• Talks continue as Maruti Manesar plant strike enters 14th day

  Marathon talks brokered by the Haryana government between the management and striking workers at Maruti Suzuki India's (MSI) Manesar plant are still on, with the stir entering its 14th day on Thursday. According to the company, the talks that began on Wednesday morning at 11 am continued through the night and were still going on this morning...

• Strike at Maruti's Manesar plant enters 13th day

  Workers at the country's largest car-maker Maruti Suzuki India's Manesar plant continued their strike for the 13th day on Wednesday after negotiations with the company management broke down on Tuesday. Workers at Suzuki Powertrain India Ltd (SPIL) and Suzuki Motorcycle India Pvt Ltd (SMIPL) had also gone on strike from October 7 in support o...

• Strike at Maruti's Manesar plant enters 12th day, talks on

  The strike at Maruti Suzuki India's (MSI) Manesar plant entered its 12th day on Tuesday as talks brokered by the Haryana government between the management and workers on Monday remained inconclusive. Workers at Suzuki Powertrain India Ltd (SPIL) and Suzuki Motorcycle India Pvt Ltd (SMIPL), who have also gone on strike in support of their col...

• Manesar strike: Maruti's loss is Tatas' gain

  The strike at Maruti’s Manesar plant is prompting its auto majors to eat into the share of the largest car maker in the country. Its rival Tata Motors has more than doubled production of cars at its Pune plant in October. Tata Motors aims to meet demand created by long waiting periods for Maruti’s diesel models. Maruti's ...