Académique Documents
Professionnel Documents
Culture Documents
Presented by:-
Murtaza Sadriwala ± 64
Mushtak Shaikh - 66
Nawaf Ghansar ± 70
Mohsin Khan - 62
Yusuf Hotelwala ± 118
Nikhil Prabhu - 72
ntroduction
D Mr. Nagesh Samuel established ³Nagesh iron and steel company ltd´ in
the year 1986 with its head office located at Delhi.
D Most of the workers hailed from Orissa, Bihar and Madhya Pradesh and
the literacy rate was very low amongst them.
D The working capital of the company was very high (around 9crores a month)
due to which he could not afford to stop the production.
D Due to this the union took undue advantage of Management for fulfilling their
needs.
D The CMD sacked 12 employees without any prior information and investigation.
D The company was also facing a financial loss of 300-400 crores and hence the
production on daily basis was very vital for the company.
mecommendations
D The CMD should employ people on basis of their skill and knowledge
and not on the basis of Relationship.
D The labour union should not take undue advantage of the management
and should focus on production.
D The CMD should visit the factory on regular basis and should interact
more with the employees.
D Create trust.