Hero MotoCorp Inks 3-Year Wage Agreement With Gurgaon Workers

New Delhi: Country's largest two-wheeler maker Hero MotoCorp Ltd (HMCL) has inked a wage settlement pact with its permanent workers at Gurgaon plant, entailing an hike of Rs 12,500 spread over three years. The three-year agreement will be implemented with retrospective effect starting from August 1, 2015 till July 31, 2018. The earlier wage settlement was effective from August 1, 2012 to July 31, 2015. According to an industry sour...