The Joint Committee for change of Designations of
Non-Executives met today, the 24.08.2012. It is
unfortunate that there is no progress in the discussions
that took place in the last two or three meetings. The
dead lock continued in today’s meeting also. Management
side is going back even from whatever consensus is reached
in the earlier meetings. Hence, the Staff Side members of
the Committee walked out of today’s meeting. Thereafter,
they met the Director (HR) and held a discussion. Director
(HR) assured that he would look into the matter and do the
needful.
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