Tuesday 23 September, 2008

Dark Times for India Inc

A CEO,of a Italian Company has been Killed by his own employees.

Just when one thought it will get better,today a much graver and darker incident has brought India Inc,to the world's attention for all the wrong reasons.

Throughout the month , Tata Singur issue raised questions of future investments in West Bengal.Communal violence in Orissa and Floods in Bihar & UP,has caused serious damage to the business firms there.The Wall St washout is posing  a major threat to the Indian IT companies as there  are unsettled bills by the Investment banks who are among the major clients.India Inc is in bad shape for quite sometime with micro as well as macro issues creeping up everyday.But this is not just another bad day.

Lalit Kishore Chaudhary, the CEO of an Italy-based company Graziano Trasmissioni, in Greater Noida was BEATEN UP TO DEATH with rods and hammers by the firm's own employees who were a dismissed earlier over a dispute.Over 50 executives and staff were injured out of around 10 are in the ICU.When the police was called,only two constables arrived that too after an hour. The Italian Embassy has expressed a "deep shock" over the matter,which was not expecting this kind of tragedy.

More worse than this how our Indian Government is handling this problem. Union Labour Minister Oscar Fernandes told reporters at a press conference "This should serve as a warning for the managements. It is my appeal to the managements that the workers should be dealt with compassion,There are disparities in the wages of permanent employees and contract workers. The workers should not be pushed so hard that they resort to whatever that had happened in Noida,”.

What  in the world he is trying to say? Is he telling to the MNC's that if they do not pay well to the local staff,their CEO's will be beaten to death?.

I am just shocked to see, how politics is rotten in India, which makes ministers to say such things. 

1 comment:

  1. I condole the death of the CEO and am a strong believer of the fact that death does not teach anything and is very cruel. But I would like to have more details of the case before I make up my perception. As far as the politician is concerned, Yawn.

    ReplyDelete