🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
TCS Assures No Offer Withdrawals Amid Onboarding Delay Uproar
StartupTalky
·
1m ago
Medial
Tata Consultancy Services (TCS), India's largest IT services provider, reassures that no job offers have been withdrawn amid reports of onboarding delays. Despite candidates facing extended joining date shifts, TCS remains committed to honoring all offers, stating delays are due to adjusting for business needs. The issue has drawn criticism, with some applicants expressing frustration over poor communication. Meanwhile, NITES has sought government intervention, calling for a formal onboarding strategy and assistance for affected professionals.
View Source
1
Related News
Labour ministry issues notice to TCS over delayed onboarding
Economic Times
·
1y ago
Medial
The Ministry of Labour and Employment in Maharashtra has issued a notice to Tata Consultancy Services (TCS) following a complaint filed by the Nascent Information Technology Employees Senate (NITES) regarding delayed onboarding of lateral recruits. Over 2,000 recruits have been affected by the unexpected delay. TCS executives have been asked to discuss the situation with department officials on November 2nd. NITES has demanded that affected employees be paid their full salaries and be provided with access to TCS's employee assistance program. TCS has been slowing down on hiring and recorded a sequential reduction in headcount.
View Source
10,000 freshers from major IT firms Infosys, Wipro & TCS await onboarding
Livemint
·
1y ago
Medial
Around 10,000 freshers offered jobs in the past two years by major IndianIT companies like TCS, Infosys, and Wipro are facing delays in the onboarding process, according to the IT employee union Nascent Information Technology Employees Senate (NITES). This delay is primarily due to business uncertainty in North America and Europe, resulting in a cautious approach towards IT expenditures by clients. The IT sector has also witnessed a decrease in employee headcount, with TCS, Infosys, and Wipro reporting declines in their total workforce for the fiscal year 2023-24.
View Source
Techies write to govt as TCS delays onboarding of 600 lateral hires - The Economic Times
Economic Times
·
1m ago
Medial
Several experienced technology professionals have appealed to the Indian government, alleging Tata Consultancy Services (TCS) delayed the onboarding of 600 lateral hires. Many affected individuals, having resigned from previous jobs, faced financial and personal challenges due to indefinite delays in joining dates. The Nascent Information Technology Employees Senate (NITES) wrote to the Union Labour Minister, seeking a commitment from TCS on onboarding timelines and compensation for the delays. TCS reaffirmed its commitment to honoring all job offers.
View Source
No sharp rallies ahead, expect incremental valuation re-rating: Chakri Lokapriya
Economic Times
·
1m ago
Medial
Chakri Lokapriya, CIO-Equities at LGT Wealth, highlights ongoing challenges in the tech sector due to the U.S. tariffs and weak discretionary demand. Companies like TCS and HCL Tech reflect this uncertainty, but steady order books offer hope. Paytm shows promising margin improvements and profit, boosting investor confidence, while Dixon Tech’s solid performance is driven by its mobile segment. Defence sector prospects, particularly for HAL, remain positive amid ongoing aircraft demands.
View Source
Elon Musk visits Auschwitz after uproar over antisemitic messages on X
Economic Times
·
1y ago
Medial
Elon Musk, founder of the social media platform X, visited the Auschwitz-Birkenau death camp, acknowledging the profound impact of the Holocaust when witnessed in person. Musk, who faced accusations of allowing antisemitic messages on X, expressed naivety about antisemitism but emphasized its absence in his social circles. He defended X's commitment to free speech and a quest for truth. Musk's visit occurred before a conference on antisemitism in Krakow, Poland. His social media platform has been criticized for hosting controversial content, prompting ad withdrawals from companies like Disney and IBM.
View Source
TCS skips labour ministry meet, reaffirms it will honour job offers in written reply - The Economic Times
Economic Times
·
21d ago
Medial
Tata Consultancy Services (TCS) skipped a scheduled meeting with the Chief Labour Commissioner but sent a written response, confirming it will honour all job offers despite onboarding delays. These delays are attributed to global market conditions and project deferments. The employee rights group NITES criticized the lack of a clear onboarding schedule and is demanding compensation and mental health support for affected individuals. TCS recently announced plans to lay off 12,000 employees due to shifting project demands.
View Source
TCS salary hike to be decided later in the year: HR chief Milind Lakkad - The Economic Times
Economic Times
·
1m ago
Medial
Tata Consultancy Services (TCS) announced it will decide on salary increments later in the year due to uncertain business conditions. This comes as the attrition rate increased to 13.8% in the June quarter. Despite this, TCS continues its target of onboarding 40,000 freshers. In the first quarter of FY26, TCS reported a 6% year-on-year growth in net profit but a modest 1.3% rise in revenue, impacted by global market uncertainties.
View Source
The Long Wait: As IT firms delay onboarding, fresh graduates face financial uncertainties
Economic Times
·
11m ago
Medial
Many Indian students who received offer letters from major IT companies like Infosys, Wipro, TCS, and others have been left waiting for months or even years without a joining date. This has caused financial difficulties as they struggle to pay off student loans and uncertainty about their career paths. Some students have formed groups on social media to support each other and express their frustrations. While some companies have addressed the backlog and started onboarding processes, legal experts state that the students have little recourse as employment contracts are typically not legally enforceable.
View Source
TCS lateral hires left in limbo as onboarding delays follow mass layoff announcement
Economic Times
·
16d ago
Medial
Several lateral hires at Tata Consultancy Services (TCS) face uncertainty due to delayed onboarding, following the company's recent announcement of mass layoffs. About 650 experienced professionals expecting to join between July and September were left in limbo as TCS cited business requirements for the delays. The company, undergoing a structural shift, plans to lay off 12,000 employees, mainly mid- to senior-level, due to economic pressures and AI disruptions. The situation prompts affected candidates to reconsider their career decisions.
View Source
Karnataka IT/ITeS Employees Union seeks action against TCS over job cuts - The Economic Times
Economic Times
·
24d 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.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
