Mysuru: Apropos to the news item titled ‘Workers seek Siddharamaiah’s help to save Reid & Taylor factory’ published in SOM dated Jan.10 (page-5), the Reid & Taylor Employees Union has issued a clarification in respect of the representation made to Siddharamaiah.
In a press release, the Union said that as per its information, it was not that serious in repayment of loans, but the incurrence of huge losses, in new business ventures, that had led to the default in repayment of loans.






