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    RMG SCANDAL

    TCS layoffs: US techies allege Indian IT major of employment discrimination

    According to a report in the Wall Street Journal, more than 20 employees have filed complaints against TCS, alleging preferential treatment towards individuals on H-1B visas.

    TCS may grow in single digits this fiscal year: CEO K Krithivasan

    The 59-year-old executive, who assumed office in June, said the investigation into the preferential treatment to recruitment firms by the TCS RMG has been concluded with a list of 19 employees against whom action has been taken for violation of the code of conduct.

    TCS fired 16 over recruitment scandal, 19 found guilty

    TCS said it has concluded its review of the allegations on the Resource management function (RMG) within the organisation.

    TCS Q1 profit rises 17% on-year but outlook 'soft'

    Revenue climbed about 13% on-year to Rs 59,381 crore, but trailed estimates due to increasing delays in project execution.

    TCS Q1 profit rises 17% YoY but outlook 'soft'

    "There is near-term softness because of uncertainty," said K Krithivasan at his first earnings call as managing director and chief executive of TCS. "Some of the low-return on investment (RoI) and non-critical investments are getting paused, deferred or re-prioritised."

    Jobs Scam | TCS fires six employees, bans as many staffing firms: N Chandrasekaran

    Addressing the 28th Annual General Meeting of the country’s largest IT firm, Chandrasekaran said TCS will review and tighten its supplier management process to ensure that incidents such as the recent jobs scandal at the software major are not repeated.

    The Economic Times
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