![]() Financial Daily from THE HINDU group of publications Thursday, Jun 09, 2005 |
|
|
|
|
|
Corporate
-
Trade & Labour Unions Toyota talks tough on taking back staff Our Bureau
Bangalore , June 8 TOYOTA Kirloskar continues to maintain a tough stand on the issue of taking back some of its suspended employees even as the Karnataka Government has assured the auto maker that it will support efforts to resolve the issue. "We will stick to our stand regarding the issue of taking back some of the suspended employees," the Toyota Kirloskar Motor Deputy Managing Director, Mr K.K. Swamy, told Business Line. The Karnataka Industries' Minister, Mr P.G.R. Scindia, is learnt to have assured the management of Toyota-Kirloskar that the Government will help in resolving the issue. At the time of going to the press, talks between the management and the workers in the presence of the Labour Commissioner was continuing. The workers want 15 employees who were suspended a year ago on disciplinary grounds to be taken back. After these employees were suspended, the issue was referred to the Labour Commissioner who constituted an enquiry committee. The report on the enquiry is awaited. Toyota has said that it will wait for the enquiry report before taking a decision on the issue. Mr Swamy said the company does not want to set a precedent by taking back the suspended employees even before the probe report has been submitted. "The future of the company and its employees is far more important than taking such arbitrary decisions," Mr Swamy said. He said "team members" (workers) at Toyota are one of the highest paid among those who work in similar industries in the country. "They get regular incentives both in terms of promotion as well as in terms of perks," he said.
Innova crosses 10,000 mark
Toyota Innova has posted sales of 10,096 units since its launch three months ago. It expects to sell over 6,000 units during this month. "We expect Innova to sell over 6,000 units this month. The top-end model is selling extremely well," the Toyota-Kirloskar Motor Deputy Managing Director, Mr K. K. Swamy, told Business Line. A press statement from Toyota-Kirloskar Motor said the company had sold 4,136 cars in May. In the executive segment, Corolla sold 851 units, registering a 12 per cent increase over the corresponding period last year. Corolla's cumulative sales for April 2004-March 2005 stands at 9,942 units.
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2005, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|