While TCS cited evolving business needs and future readiness as reasons, industry experts say the action is a cost-cutting measure aimed at improving operating margins that have remained below the firm's aspirational range despite multiple efforts.
Rising inflation and stagnant wages are forcing a number of salaried professionals to venture into the bike taxi service as part-time riders.
'If you don't fulfil whatever they ask, you are in trouble.'
In a joint statement issued on Monday, the central trade unions also threatened to give a call for nationwide agitation to protest against such moves by state governments. "The CTUs consider these moves as....gross violation of the Right to Freedom of Association (ILO Convention 87), Rights to Collective Bargaining (ILO Convention 98) and also the internationally accepted norm of eight hour working day espoused by Core Conventions of ILO)," the statement said.
'Geopolitically and diplomatically it's a very difficult situation for India.'
Ten central trade unions on Friday gave a call for a nationwide strike on May 22 to protest against the suspension of labour laws by some states during the lockdown period, and also decided to take the matter to International Labour Organization (ILO). "The joint platform of Central Trade Unions (CTUs) in their meeting held on May 14 , 2020 took note of the critical situation for the working people in the country during the lockdown period and decided to enhance united actions to meet the challenge," a joint statement by 10 CTUs said.
The Centre and state governments are struggling to restart at least some industrial activity as it becomes apparent that the 21-day nationwide lockdown imposed to check the spread of coronavirus disease (Covid-19) could be extended beyond April 14, and stocks of essential commodities need replenishing across the country. State governments, particularly those like Delhi that witnessed an exodus of migrant workers after the lockdown was announced, say there are not enough labourers in the city to work in factories and warehouses.
The Trinamool Congress on Friday accused the Bharatiya Janata Party of spreading lies and criminalising poverty over the detention of Bengali-speaking migrant workers in Odisha, while the saffron party charged the Mamata Banerjee dispensation with providing shelters to illegal immigrants.
India and the UK on Thursday inked a landmark free trade agreement (FTA) that will cut tariffs on British whisky, cars and an array of items, besides boosting bilateral trade by around $34 billion annually.
The 86-year-old Congress leader had been suffering from various ailments, sources in Medanta Medicity said.
Congress leader Rahul Gandhi accused the BJP of rigging the Maharashtra assembly elections and expressed concerns about similar tactics being used in the upcoming Bihar polls. He alleged that the special intensive revision of electoral rolls in Bihar is an attempt to manipulate the election process.
Units employing up to 49 workers are not required to list themselves with the government.
Chief Minister Bhupendra Patel met the family members of Rupani and informed them about the DNA match, state Health Minister Rushikesh Patel said.
The next Census' findings will help identify the extent of India's ageing population and vulnerability levels.
'People are fed up with rising crimes and poor law and order.' 'Modi must have got feedback and decided not to touch the 'jungle raj' issue as it will backfire.'
US President Donald Trump on Thursday said he has asked Apple CEO Tim Cook to stop producing iPhones in India, and rather make them in the US.
On the 83rd anniversary of the Quit India movement, Utkarsh Mishra recalls the conditions under which the Congress, led by Mahatma Gandhi, launched the final struggle for independence.
'With this amendment, permanent employees will cease to exist.' 'The government should give a human touch and human face to labour reforms.' 'Ideas like survival of the fittest, might is right, etc, are rules of the jungle.' 'They cannot give new terms like hire and fire to jungle law.'
Unless Donald Trump takes a major U turn, this is possibly the beginning of the end for Trumpian politics, argues Colonel Anil A Athale (retd). Unless President Trump takes a major U turn, this is possibly the 'beginning of the end' for Trumpian politics driven by TV trp's, points out Colonel Anil A Athale (retd).
'I am not an aspiration-oriented politician.' 'This is the time to redefine politics.' 'Politics of power is not real politics.'
The Union ministers and farmer leaders had met earlier on February 8, 12 and 15 but the talks remained inconclusive.
The Indian government has assured citizens that the country has ample food stocks to meet domestic demand, despite escalating tensions with Pakistan. The government has also warned traders against hoarding essential food items and creating artificial shortages, emphasizing that there is no need for panic buying. The food ministry detailed the country's current stock levels, showcasing a surplus over required buffer norms for rice, wheat, and pulses. Additionally, India holds substantial edible oil and sugar stocks, ensuring a strong food security position.
Former Kerala Chief Minister and veteran CPI(M) leader V S Achuthanandan, a key figure in Kerala's political history, died on Monday at the age of 101. He was a founding member of the CPI(M) and served as Chief Minister from 2006 to 2011.
The government has introduced the Code on Wages Bill 2019 and the Occupational Safety, Health and Working Conditions Code Bill 2019 in Lok Sabha on July 23.
The government has set up a high-level committee.
Punjab Chief Minister Bhagwant Mann also joined the meeting at the Mahatma Gandhi State Institute of Public Administration in Sector 26 in Chandigarh.
The 48-team World Cup will adopt a 12-group format, increasing the total number of matches from 64 to 104 - the same as the expanded men's World Cup in 2026 - and extending the tournament by one week.
The government will launch a Rs 2-crore term loan for 5 lakh first-time women, SC and ST entrepreneurs, Finance Minister Nirmala Sitharaman said on Saturday.
China's state-run trade union, which came under fire for not taking up workers' rights issue when they went on flash strikes demanding higher wages last year, has floated the idea of introducing collective bargaining to address labour disputes.
Meanwhile, HMSI has raised its production capacity to 15 lakh units per year with the recent inauguration of its third assembly line.
He said he has spoken to the trapped labourers.
The Mumbai labour unions that had gifted the property to Fernandes is now exploring legal options to evict Jaitley from the place.
Subscribers of the retirement fund body EPFO may soon be able to withdraw claim amounts from their accounts through ATMs, a top official said. Union Labour Secretary Sumita Dawra has reportedly said that the labour ministry is upgrading information technology infrastructure to provide enhanced services to the Indian workforce.
A man killed during a recent anti-Naxal operation in Madhya Pradesh's Mandla district was a tribal and not a Maoist, an official said on Saturday. The opposition Congress claimed he was innocent and demanded a high-level probe and a judicial inquiry into the incident.
Forty-one Border Road Organisation labourers working to clear snow near the high altitude border village of Mana in Uttarakhand's Chamoli district were trapped under an avalanche on Friday.
For the first time in the history of the country's trade union movement, all the Central Trade Unions (CTUs) are slated to hold a joint strike countrywide - next year. The demands behind the proposed agitation, on February 28, are better labour laws and their more effective implementation.
Maharashtra's Labour Minister Dilip Walse-Patil has sought a written submission from the General Motors' (GM) Employees Union and the management of the company detailing its stance on the issue of plant closure. The labour minister asked the warring sides for submission at a hearing on Tuesday. Both sides have been given a week's time to reply.
IT services company Infosys has laid off over 300 freshers who underwent foundational training at its Mysuru campus but could not clear internal assessments after three attempts, according to sources. IT employee union NITES, however, said the number of freshers affected by the move was much higher, and threatened to lodge an official complaint with the Ministry of Labour and Employment, seeking urgent intervention and strict action against the company.
