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sell in nse and buy in bse same day ✌️【Earnings Growth】✌️ Real-time global stock, futures, and exchange rate data to keep you informed of market trends and seize investment opportunities. Production at a key Samsung Electronics plant in southern India was disrupted by hundreds of employees striking for higher wages on Tuesday, as top executives sought to resolve a rare episode of labor unrest.

sell in nse and buy in bse same day ✌️【Earnings Growth】✌️ Expert predictions of stock trends to help you select high-potential stocks and achieve stable growth. Real-time global market indices, futures, metals, energy, and agricultural product data to help you seize market opportunities. South Korea-based Samsung, India’s biggest consumer electronics company, counts the country as a key growth market, competing with the likes of LG Electronics to make everything from televisions and refrigerators to smartphones.

sell in nse and buy in bse same day ✌️【Earnings Growth】✌️ Expert market predictions with real-time global market, futures, metals, and energy data to help you stay in tune with market trends. The strike-hit plant in Sriperumbudur, the smaller of Samsung’s two Indian factories, employs around 1,800 people and makes electronic products rather than smartphones.

But it still contributes 20% to 30% of Samsung’s annual $12 billion revenue in India, said two sources with direct knowledge of the matter, speaking on condition of anonymity.

Posters saying “Indefinite Strike” went up outside the factory near the city of Chennai, where hundreds of workers in company uniforms set up tents to shade themselves from the heat.

sell in nse and buy in bse same day ✌️【Earnings Growth】✌️ Free break-even services with professional advisors to help you quickly recover and avoid losses, achieving steady growth. About half of the factory’s daily production was affected when many workers stayed away on Monday, and the protesters continue to press their demands for higher wages, better hours and, most importantly, want Samsung to recognize the formation of a union backed by the Centre of Indian Trade Unions group.

sell in nse and buy in bse same day ✌️【Earnings Growth】✌️ Real-time global market indices and futures data to help you capture market opportunities and achieve stable growth. Samsung’s Southwest Asia CEO, JB Park, and other senior executives are visiting the factory to find a resolution, people with direct knowledge of the situation said. Park oversees the India market for Samsung from Gurugram, near New Delhi.

sell in nse and buy in bse same day ✌️【Earnings Growth】✌️ Provides real-time stock market data to help you select stocks accurately and plan the best investment strategies. Samsung did not respond to a request for comment. Muthukumar said no settlement had been reached during the discussions on Tuesday with Samsung management.

sell in nse and buy in bse same day ✌️【Earnings Growth】✌️ Professional analysis of stock market dynamics with real-time data for India stocks, US stocks, and European stocks to help you make precise decisions. Tamil Nadu labor secretary Veera Raghava Rao said negotiations between workers and management are ongoing, but there is no indication yet when the matter will be resolved.

sell in nse and buy in bse same day ✌️【Earnings Growth】✌️ Real-time updates of global stock, futures, and commodity market data to keep you in sync with the latest market trends. Related articleSamsung workers declare an indefinite strike to campaign for better pay and leave policies

sell in nse and buy in bse same day ✌️【Earnings Growth】✌️ Free real-time global stock and futures trend data to help you analyze market movements and make fast investment decisions. A spokesperson for Samsung India said on Monday that it actively engaged with workers “to address any grievances they may have and comply with all laws and regulations.”

sell in nse and buy in bse same day ✌️【Earnings Growth】✌️ Expert predictions of stock trends to help you select stocks accurately, achieve stable growth, and quickly recover from losses. The strike comes ahead of India’s festive season when consumers buy gifts or items for personal use, lured by discounts offered by manufacturers.

“A strike at this point puts a spanner in Samsung’s production ramp-up ahead of the all-important festive season sales beginning October,” said Prabhu Ram, a vice president at Cybermedia Research.

In South Korea, the 36,500 members of Samsung Electronics’ biggest worker union who have been demanding higher wages and benefits, held a strike for several days in July and August.

In India, its workers are demanding equal remuneration for those with the same length of experience, according to at least half a dozen employees who spoke on condition of anonymity.

“If they (Samsung) had given us a living wage and treated us with respect, we wouldn’t have thought of joining a union,” said one worker outside the factory, who declined to be named fearing reprisal from the company.

One poster outside the factory exhorted state labor officials not to support management, advising instead: “Discuss and solve demands from the labor union with union officials.”

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