Don’t miss the latest developments in business and finance.

Indian Metals & Ferro Alloys shuts down two furnaces at Therubali plant

Image
Capital Market
Last Updated : Jun 27 2018 | 1:04 PM IST

Due to works agitation

Indian Metals & Ferro Alloys announced that a group of agitators have once again disrupted operations at the company's Therubali plant on morning on 27 June 2018 by preventing workers from entering the premises leading to the shutdown of two furnaces.

The District Administration has been updated about steps taken to fulfil certain demands which were agreed to in a meeting chaired by the District Collector on 10 May 2018 following which the previous agitation was called off.

The company hopes to resolve the current situation soon as it apparently pertains to non-fulfilment of the said demands made earlier.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Jun 27 2018 | 12:21 PM IST

Next Story