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Bosch settles wage talks at Bangalore plant
The management of Bosch Ltd reached an amicable settlement with the employees’ union at its Bangalore plant today. Though details of the settlement were not known, company sources told Business Standard the management had agreed to give an increase of Rs 8,000 per month in their CTC (cost to company), more than double the Rs 3,600 paid in the previous settlement four years ago. In return, the
The management of Bosch Ltd reached an amicable settlement with the employees’ union at its Bangalore plant today. Though details of the settlement were not known, company sources told Business Standard the management had agreed to give an increase of Rs 8,000 per month in their CTC (cost to company), more than double the Rs 3,600 paid in the previous settlement four years ago. In return, the
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