Sunday, November 3, 2013

25-yr-old Jessop on the verge of shutdown

KOLKATA: The Pawan Kumar Ruia controlled heavy engineering firm Jessop & Co has written to the Mamata Banerjee government seeking permission for closing down its Dum Dum factory owing to labour trouble.

\"We wrote to the labour department on November 1 to allow permanent closure of the Dum Dum factory. A copy of the letter has also been sent to the chief minister,\" a company official said. The purported closure notice has been hung on the factory gates on Saturday.

The company took this route after the labour department turned down the management\'s stand to shed 50% of the existing work force at Dum Dum. The Jessop management moved the government after trade unionists attached to the company opposed the management\'s proposal to keep the company going. Company officials also intimated the government that the law and order was fast deteriorating inside the factory premises.
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