Daijiworld Media Network - Mangaluru (SP)

Mangaluru, Mar 5: A city-based entrepreneur has rewarded all his employees with a Tata Nano car each. This generosity was showered by chairman of CNC Ballscrews and Bearing Pvt Ltd functioning at Bykampady Industrial area here, V K Nayak.

Nayak decided to give Nano cars to employees of the company's factory here and its office at Pune. He said he decided to give cars to employees instead of disbursing bonus by way of cash, to facilitate them to come to office in four-wheelers instead of two-wheelers. He said this was the reward for hard work rendered by the employees of the company.

On Wednesday, he handed over the cars bought from city-based Automatrix to the employees. Similar arrangement was also made at Pune, he added. As a symbolic gesture, chief executive officer of Automatrix, Pradeep Mayya, handed over keys of cars to Nayak. Some employees of CNC Ballscrews and Automatrix were present on the occasion.

V K Nayak, who has been serving industrial sector for the last three decades, has won several awards in recognitions of his services from Germany, central government, Maharashtra government, and Canara Bank.