Industrial Metals

The Economic Times reported that starting September 19, workers at Coal India Ltd. (BSE:533278) will begin a three-day strike to protest the Indian government’s decision to reduce its investment in the company by 10 percent.

The Economic Times reported that starting September 19, workers at Coal India Ltd. (BSE:533278) will begin a three-day strike to protest the Indian government’s decision to reduce its investment in the company by 10 percent.

As quoted in the market news:

Indian National Trade Union Congress(INTUC) that represents a majority 40 per cent of the workers of the company will not participate in the strike while remaining four unions will not come to work.

Jibon Roy, general secretary of All India Coal Workers Federation told ET that the four of the five trade unions have served strike notice to the government and the Coal India management for the strike between September 19-21.

Click here to read the full report from The Economic Times.

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