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News on Medial
IT Ministry flags concerns over TCS layoffs, seeks clarification
YourStory
·
2d ago
Medial
The IT Ministry is examining TCS's decision to lay off 12,000 employees, which has raised concerns within India’s largest IT services company amidst a strategy shift focusing on AI and technology investments. The layoffs, affecting especially middle and senior grades, have sparked protests from employee unions like NITES, which question the legality of TCS's actions. The unions are threatening further actions unless TCS halts the layoffs and complies with retrenchment regulations. The situation reflects a wider industry trend amid global economic uncertainties.
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Karnataka IT/ITeS Employees Union seeks action against TCS over job cuts - The Economic Times
Economic Times
·
1d ago
Medial
Karnataka's IT/ITeS Employees Union (KITU) has filed an industrial dispute against Tata Consultancy Services (TCS) for allegedly forcing resignations and initiating mass layoffs, affecting over 12,000 employees. The union accuses TCS of violating the Industrial Disputes Act by not seeking government approval for the job cuts. TCS cites skill mismatches as the reason for layoffs amid macro uncertainties. The central government is examining the issue, seeking justice for affected employees.
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NITES alleges forced employee transfers at TCS, files complaint
Livemint
·
1y ago
Medial
NITES, a grievance agency for IT employees, has filed a complaint against Tata Consultancy Services (TCS) with the Ministry of Labour and Employment. The complaint alleges that TCS has been forcibly transferring over 2,000 employees without proper notice or consultation. NITES has requested the ministry to investigate the matter and take appropriate action. TCS has not responded to these allegations but has referred to the transfers as routine. NITES has previously accused TCS of other labor issues and demanded compensation for affected employees.
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Child Rights Body Flags KYC Non-Compliance For Gambling Apps
Inc42
·
1y ago
Medial
The National Commission for Protection of Child Rights (NCPCR) has written to the Ministry of Electronics and IT (MeitY) in India, raising concerns about the lack of Know Your Customer (KYC) norms for gambling apps and websites. The NCPCR found that numerous illegal gambling platforms are operating in the country, targeting minors through social media messaging platforms. They have urged the IT ministry to develop a detailed report of these apps and websites within 10 days. This comes after the government introduced stricter guidelines for the online gaming industry last year to ensure safety and combat fraud.
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Meta flags DPDP Act clauses, seeks government collaboration
Economic Times
·
3m ago
Medial
Meta has raised concerns over India's Digital Personal Data Protection (DPDP) Act, specifically regarding restrictions on profiling minors, data localisation, and verifiable parental consent. The company emphasizes the importance of personalized experiences and cross-border data transfers in the digital economy. Meta seeks collaboration with the Indian government to balance safety and compliance. Additionally, the company highlights the need for nuanced age-based consent and acknowledges India's pragmatic approach to AI regulation using existing frameworks.
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TCS under fire for allegedly forcing transfers, employees union, cries foul
Livemint
·
1y ago
Medial
Tata Consultancy Services (TCS) is facing allegations of unethical transfer practices from the Nascent Information Technology Employees Senate (NITES), a union representing IT workers. NITES has filed a complaint against TCS, claiming that the company has forced over 2,000 employees to relocate without proper notice or consultation. The union has urged the Ministry of Labour and Employment to investigate TCS's actions and take measures to protect IT workers. TCS is also accused of stopping salaries and threatening disciplinary action against employees who refuse to comply with the forced transfers.
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TCS employees receiving income tax notices are a ‘discrepancy’, ITRs will be reprocessed: Report | Mint
Livemint
·
10m ago
Medial
Tata Consultancy Services (TCS) has stated that the tax demands sent to its employees were a discrepancy, and the Department of Income Tax will reprocess the returns. Approximately 40,000 TCS employees received tax notices, demanding between ₹50,000 and ₹1 lakh, depending on their seniority. TCS assured employees that they will receive rectification intimations and are not required to pay any demand amount. The IT major did not offer a comment on the matter but confirmed receiving a clarification from tax authorities regarding the income-tax demand notice issue.
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Startup backers told to share investment information
Economic Times
·
3m ago
Medial
The income tax department has issued notices to startup funders and promoters, requesting investment details and tax returns for three prior years, particularly for non-DPIIT-recognized startups or suspected fund "round-tripping" cases. This action, under Section 68 of the Income Tax Act, seeks clarification on unexplained income sources. Concerns arise over treating share issue amounts as income and privacy of personal tax records. However, DPIIT-recognized startups remain exempt from such scrutiny, with the focus primarily on investments from tax havens.
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Distributors’ Body Flags Use Of Private Vehicles By Ecommerce, Quick Commerce Players
Inc42
·
9m ago
Medial
- AICPDF requests an inquiry into the use of private vehicles for commercial deliveries by companies - The Federation expresses concern over safety issues related to the use of private vehicles for commercial purposes - A complaint has been lodged with the road transport ministry by AICPDF - AICPDF has also written to the health ministry regarding the use of private vehicles by companies for commercial deliveries - The Federation previously approached the Ministry of Commerce and Industry for an investigation into the rapid expansion of quick commerce
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Electronics hardware industry seeks clarification on policy for imports of computer products
Economic Times
·
11m ago
Medial
The electronics hardware industry has reached out to the Ministry of Electronics and Information Technology (MeitY) seeking clarification on import policies for computer products. The industry urged for increased stakeholder engagement and expressed concerns about the potential impact on key sectors if the government implements import licensing requirements. The Import Management System (IMS) for ICT hardware products is set to end on September 30, 2024, and the industry requested the government to provide early guidance and a reasonable transition period to prevent unintended consequences. It also highlighted concerns about a possible quota system replacing the IMS, which could disrupt the market and hinder market access for many firms.
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Bhavish Aggarwal's Ola Again Under Govt Lens Over 'Missing Trade Certificates'
OutlookIndia
·
3m ago
Medial
Bhavish Aggarwal's Ola Electric is under scrutiny by the Union Ministry of Road Transport and Highways due to missing trade certificates. The government has issued a show cause notice, requesting details on Ola's operating stores, service centers, and trade certificates over the past three years. The investigation stems from discrepancies between Ola’s claimed February sales and actual registrations, leading the ministry to seek clarification on these figures and to verify unregistered vehicles stored at its facilities.
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