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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The vandalism that erupted in the wee hours of 12 December at Wistron’s iPhone manufacturing plant in Kolar, Karnataka was an inevitable inflection point. For months until then, contract employees had approached company HR and even district deputy commissioner C Satyabhama over exploitative labour practices. They’d complained about an increase in work hours from eight to 12 hours without overtime payment (which was promised), falsified attendance records, and non-payment of incentives for working on festivals (also promised). All complaints seem to have been cold-shouldered by the Wistron management.
In October this year, over 100 employees had approached Kolar DC Sathyabhama …
Chinese diplomats to India are saying all the right things for Indian ears, but Beijing’s policy actions are moving in the opposite direction.
The JSW Steel founder is embarking on an unprecedented expansion, betting on Japan’s JFE and Korea’s POSCO to share the load. But rivalries, debt and market risks could complicate the plan.
The listed hospitality group sees a drop in revenue and profit in the first quarter. Separately, China steps up engagement with Saudi Arabia and the UAE.
