The 3,542 workers of Renault Nissan Automotive India Private Ltd will get an interim relief pending wage settlement as per the orders of the retired Madras High Court Judge P. Jyothimani, the arbitrator.The total outgo for the company as .
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This is the first time an industrial dispute in a multinational company will be decided by arbitration under Section 10A of the Industrial Disputes Act 1947 in this part of the country, a union official told IANS.
The Renault Nissan Automotive India Private Ltd and its workers union have created a history by going in for an arbitration to settle wage revision and other aspects, said a union official.The Tamil Nadu government recently published the terms .
Frowning upon the car maker Renault Nissan Automotive India Private Ltd for breaching the agreement signed with its worker union, the Madras High Court on Friday categorically said the agreement has to be implemented in full.Renault Nissan .