CEO murdered by mob of Indian workers he had fired!
LONDON, England - September 23,
2008 - Corporate India is in shock after a mob of sacked workers bludgeoned to
death the chief executive who had dismissed them from a factory in a suburb of
Delhi.
Lalit Kishore Choudhary, 47, the head of the Indian operations of Graziano Transmissioni, an Italian-headquartered manufacturer of car parts, died of severe head wounds on Monday afternoon after being attacked by scores of laid-off employees, police said.
The incident, in Greater Noida, just outside the Indian capital, followed a long-running dispute between the factory's management and workers who had demanded better pay and permanent contracts.
It is understood that Mr. Choudhary, who was married with one son, had called a meeting with more than 100 former employees - who had been dismissed following an earlier outbreak of violence at the plant - to discuss a possible reinstatement deal.
A police spokesman said, "Only a few people were called inside. About 150 people were waiting outside when they heard someone from inside shout for help. They rushed in and the two sides clashed. The company staff were heavily outnumbered."
More than 60 people were arrested and more than 20 were in hospital yesterday.
The murder has stoked fears that outbreaks of mob rule risk jeopardizing the subcontinent's economic rise.
