This document provides an overview of industrial relations. It defines industrial relations as the relationship between employees and management. The major stakeholders in industrial relations are labor, employees, government, vendors, trade unions, and customers. The objectives of industrial relations are to establish sound relationships between workers and management, prevent conflicts and strikes, raise productivity, and promote industrial democracy. Important approaches to industrial relations include the psychological, sociological, and human relations approaches. The document also discusses perspectives, problems, measures to improve relations, methods to settle disputes, and relevant acts in India.