Brief by Shorts91 Newsdesk / 12:49pm on 22 Oct 2024,Tuesday Business
Samsung India Electronics Private Limited (SIEPL) reported a $100 million loss due to a workers’ strike demanding recognition of the Samsung India Thozhilalar Sangam, affiliated with CITU. In the Madras High Court, SIEPL’s counsel argued that trade unions should not use the word "Samsung" in their names as it could harm the company’s reputation. The union’s counsel countered, stating that Samsung’s trade unions in South Korea use the company’s name. The court allowed SIEPL to file a detailed counter-affidavit, with the next hearing scheduled for November 11.
