Innoventive Industries shuts down second shift operations of tube division

Oct 04, 2013, 12.28 PM IST

Innoventive Industries has informed that cost optimization measures of the Tube Division shall continue and the management has decided to close down second shift operations with a view to eradicate operational inefficiencies during the month of October 2013. Manpower will be arranged accordingly.

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Innoventive Industries shuts down second shift operations of tube division

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Innoventive Industries Ltd has informed BSE that cost optimization measures of the Tube Division shall continue and the management has decided to close down second shift operations with a view to eradicate operational inefficiencies during the month of October 2013. Manpower will be arranged accordingly.Further, Sheet Division would continue to observe 'No Working Days' at its Plants and offices for a period ranging from 1 to 4 days (excluding weekly holidays) during the month of October, 2013.Source : BSE

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