The HR manager at TCS Nashik is under investigation for allegedly suppressing complaints and shielding the accused in a harassment case involving multiple employees.
A woman engineer at Tata Consultancy Services (TCS) in Nashik has alleged harassment and religious coercion, including derogatory slurs and inappropriate touching. Police have arrested eight people and are searching for another accused. TCS has launched an internal probe and suspended employees allegedly involved.
Maharashtra minister Sanjay Shirsat has accused AIMIM corporator Matin Patel of double standards for allegedly harbouring Nida Khan, who is accused in a Nashik TCS sexual harassment and forced conversion case.
Police are investigating the bank accounts of those arrested in connection with the sexual harassment and religious conversion case involving women employees of an IT firm in Nashik to determine if they received funds for illegal activities. A special investigation team (SIT) is handling the case.
An AIMIM corporator allegedly harboured Nida Khan, an accused in the alleged sexual harassment and religious coercion case at TCS, and her family in Chhatrapati Sambhajinagar, the police said on Friday.
Tata Sons chairman N Chandrasekaran has announced an investigation into allegations of sexual harassment and forced religious conversion at TCS's Nashik branch, calling the claims 'gravely concerning'.
The Chhatrapati Sambhajinagar Municipal Corporation demolished alleged illegal constructions at the residence and other properties of AIMIM corporator Matin Patel, who is accused of harbouring Nida Khan, wanted in connection with a TCS case.
Maharashtra Chief Minister Devendra Fadnavis reviewed key cases with the Home department and directed the police to ensure thorough investigation and strong prosecution.
A local court in Nashik has remanded two accused in the Tata Consultancy Services harassment case to police custody. The case involves allegations of sexual harassment and forced religious conversion at a TCS unit. An investigation is underway, and TCS has suspended employees allegedly involved.
A local court in Nashik has remanded two accused in the Tata Consultancy Services harassment case to police custody. The case involves allegations of sexual harassment and forced religious conversion at a TCS unit. An investigation is underway, and TCS has suspended employees allegedly involved.
AIMIM leader Matin Patel faces potential cancellation of his corporatorship for allegedly harbouring Nida Khan, accused in a sexual harassment and forced conversion case. Authorities are investigating alleged illegal construction at his residence, which could lead to his disqualification under the Maharashtra Municipal Corporation Act.
Authorities in Chhatrapati Sambhajinagar demolished illegal constructions belonging to AIMIM corporator Matin Patel, who is accused of harbouring Nida Khan, wanted in connection with a Nashik TCS case.
The Maharashtra government has directed strict implementation of the Prevention of Sexual Harassment (POSH) Act to protect women in the workplace, following a serious incident at a TCS unit in Nashik. Establishments with 10 or more employees must set up Internal Complaints Committees (ICCs) and register on the Centre's She-Box portal, with failure to comply resulting in penalties.
A court in Maharashtra's Nashik district on Monday fixed May 2 for giving its verdict on the anticipatory bail plea filed by TCS employee Nida Khan, an accused in a case related to alleged sexual harassment and forcible religious conversion at the IT firm's local unit.
Maharashtra minister Nitesh Rane sparks controversy by alleging 'corporate jihad' and urging companies to prioritise hiring Hindu candidates to combat perceived religious conversion efforts.
A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.
'Our problem is not a budget deficit but a trust deficit. We need to trust our institutions and industries to innovate and lead. That is the way forward for India.'
'Government officials use Gmail and ordinary phones without basic security consciousness.' 'Interoperability, especially in joint exercises with countries like the US, worries me.' 'It often means we open our systems to them, but they don't reciprocate.' 'They could have kill switches in their systems and might even be able to affect ours.'
'This is the time to be creative, use AI in real-time operations, and unlock new demand and aspirations.'
They don't just want better returns -- they're looking for global opportunities, more variety and smarter ways to grow their money, says Soubho Moulik, CEO, Appreciate.
The eighth Budget of Finance Minister Nirmala Sitharaman continued to focus on 'GYAN' (Garib, Youth, Annadata, Nari) to maintain a consistent and coherent strategy initiated over the years in pursuing the government's vision for Viksit Bharat. The approach, characterised by incremental yet impactful steps, aims to create a compounding effect over time.
Using credit or debit cards abroad can prove costly.
'The race is now on for Indian IT firms to develop their AI prowess and focus on a software-first approach to services as the people element becomes more complicated with Trump's expected new regulations.'
'Both campuses and talent should brace for a low-velocity campus hiring season that might extend into the off-campus period.'
'He asserted in his usual jovial style that he was not an MBA like his audience at IIM-Ahmedabad but perhaps had an even better business degree: MBB'. 'He went on to explain to his perplexed, blue chip B-School audience that MBB stood for "Marwadi by birth"!' Shivanand Kanavi salutes Shashi Ruia, co-founder of the Essar group who passed into the ages on November 25, 2024 in Mumbai.
'We do not see people getting reduced, but because of automation, we will do more work.'
Morgan Stanley has increased the target prices of certain information technology (IT) stocks by as much as 29 per cent, anticipating an improvement in earnings in the near future. Within the IT and engineering research and development (ER&D) services sector, it is now more optimistic about growth and margin estimates for 2024-25 (FY25).
Strong macroeconomic headwinds causing turbulence in the $245-billion Indian IT industry are yet to calm down. Top Indian IT services companies are likely to post a decline or just marginal growth in sequential revenue in Q1FY24 because of a soft discretionary spending environment. Though the first quarter is seasonally strong for IT firms, "June 2023 will be an exception", according to analysts at Kotak Institutional Equities.
The first-quarter performance of top IT services players, as well as mid-cap firms, has been subdued, reflecting macro uncertainties. The numbers of the top four firms show several misses, hinting at difficult times ahead. One mismatch is the total contract value (TCV) signed by the firms and the revenue growth registered.
Reliance Industries (RIL) was the top-performing index stock on Friday (May 26) and closed the day with gains of 2.8 per cent, against a 1 per cent rise in the benchmark S&P BSE Sensex during the day. RIL's performance on the bourses on Friday was, however, an exception, and the stock has struggled to beat the broader market for nearly two years now. The company's share price is currently at the same level as in September 2021, while the benchmark index is up 6 per cent in the period.
Apart from such advisory, IT biggies such as TCS, Infosys and HCL Tech among others have been pursuing 'remote working' model to overcome the situation.
Employers are laying the welcome mat for Gen Y -- from hiring videos to claims for the coolest interview ever.
Infosys on Friday said it is in discussion with clients for a contingency plan to ensure business continuity in the event of the US immigration reforms bill becoming a law.
Can the country afford to have problems of such magnitude in the cities of Gurgaon, Bengaluru, Pune and Hyderabad, which not only are the major growth drivers but are also the biggest revenue contributors in their respective states?
