ADVT:

  Home   Astrology   Business   Indiafocus   Lifestyle   Movies   News   Parenting   Online Exam   Sports   Travel
Home -> News -> World -> Full Story

Honda suffers $27 million loss over labour unrest
Wednesday, July 27 2005 12:12 Hrs (IST) - World Time -

Tokyo: Japan's Honda Motor has already incurred a loss of about three billion yen ($27 million) through lost output, during a violent labour dispute at its Indian unit, a news report said today (July 27, 2005).

Average production, at the factory on New Delhi's outskirts, dropped to 400 motorcycles a day in June, although it gradually recovered somewhat to 1,000 units after some employees returned to work, the 'Nihon Keizai Shimbun' said.

Honda cannot brace for further losses if there is more trouble at the plant, the economic daily warned.

A Honda spokeswoman said the company was checking the validity of the reported loss figure. Honda is to announce its April-June results later today (July 27, 2005).

Agencies

Related Stories
NHRC calls for free probe into Gurgaon incident
BJP: Dismiss Hooda Govt for Gurgaon police action
Honda incident may affect FDI: Japanese Ambassador








Opinion Poll
Is Raj Thackeray going overboard with his anti-North Indian stance?
Yes
No
Can't say
    

Results | Previous Results
More News
Midnight Mania- Apple's iPhone...
Musharraf to seek refuge in...
Sri Lanka 14/1 in first innings...
12 farm suicides in four days
Jail releases man who threw man...
4,200 kgs cocaine seized by...
Satellites track Mexico kidnap...
Nelson Mandela honored with...
Israel opens checkpoint
Cable operators observe a one...
Madras HC sets aside DEO's...
Algerians fear more violence
Suspected case of dengue...
Governor visits flood hit...
Student killed in shooting at...
Trinamool firm on agitation...
Himachal Pradesh to formulate...
Pak Chronology of major attacks...
Tender mafia don arrested in...
Panel to probe NBA corruption...
Nuclear deal - an expensive...
Worth a click
  Sarees
Baby Clothes
Jewellery
Bluetooth Headsets
Health & Fitness

Search Keywords