M&M signs 3.5 years wage settlement contract with workers

Mahindra & Mahindra has signed a three and a half year wage settlement agreement with its workers at Nasik and Igatpuri plants, reports CNBC-TV18’s Ronojoy Banerjee. The move comes barely months after the company's Nasik plant witnessed a tools down strike in protest due to an alleged delay in the wage settlement. Top M&M sources hasv said that while the wage settlement with the workers at Nasik plant was done 10 days ago the Igatpuri facility's settlement took place on October 17. Source: Moneycontrol

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