http://www.timesonline.co.uk/tol/news/world/asia/article4810644.ece

“Corporate India is in shock after a mob of workers bludgeoned to death the chief executive who sacked them from a factory in a suburb of Delhi.”

He was meeting with a few of them to discuss bringing them back to work, but I guess the negotiations weren’t going as well as the workers wanted. Apparently violent protests from workers are becoming more common in India, and I wouldn’t be surprised if India loses significant amount of foreign investment because of these events and others.

http://www.timesonline.co.uk/tol/news/world/asia/article4817414.ece

“However, Oscar Fernandes, who heads the country’s Ministry of Labour and Employment, declined to criticise the attack, saying it “should serve as a warning for management”.

Mr Fernandes added: “Workers should be dealt with with compassion . . . workers should not be pushed so hard that they resort to whatever happened.””

Unbelievable. He’s saying it is management’s fault this man was killed by a mob. I guess politicians are slimy no matter where they are. But those comments will be sent around the world, and I predict investment in India will pretty much stop.