|
||
|
||
Channels: Astrology | Broadband | Contests | E-cards | Money | Movies | Romance | Search | Wedding | Women Partner Channels: Auto | Bill Pay | IT Education | Jobs | Lifestyle | Technology | Travel |
||
|
||
Home >
Money > Reuters > Report May 9, 2001 |
Feedback
|
|
Balco to start production in five daysEmployees at newly privatised aluminium firm Balco went back to work on Wednesday, ending a 67-day strike and the company said it would take around a month for the plant to return to "complete normalcy". "The workers have reported to work on Wednesday for the 0600 IST shift," the company's managing director S C Krishnan told Reuters from Korba in Chhattisgarh where the plant is located. He said production at the plant would start within four to five days but it would take about a month for the plant's operations to be back in full swing. The plant supplies 15 per cent of India's aluminium output. "The plant has been lying shut for 67 days we have to heat it up and complete normalcy will take a month or so," Krishnan said. Nearly 7,000 workers went on strike at Bharat Aluminium Co's plant in early March, saying they feared layoffs following the sale of the plant to private metals firm Sterlite Industries. It was India's first big-ticket privatisation in a decade of reforms.
ALSO READ:
|