n chandrasekaran

The race for Air India's CEO position has narrowed to four candidates, including two Indian executives, Nipun Aggarwal and Vinod Kannan, and two expatriates. The airline's board is set to meet soon to make a decision amidst significant financial losses and operational challenges. The delay in appointing a successor to Campbell Wilson is reportedly adding to the airline's ongoing struggles.

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TCS Chairman n chandrasekaran expressed deep concern over sexual harassment allegations at the Nashik office, assuring a thorough probe led by the COO. Action is underway against accused employees, with a zero-tolerance policy emphasized. An Assistant General Manager, also on the POSH committee, faces charges of abetting harassment and has been remanded in police custody.

TCS has formed an oversight committee, led by independent director Keki Mistry, to review the ongoing investigation into allegations of sexual harassment and religious coercion at its Nashik facility. The company has also engaged external experts. Preliminary checks haven't revealed complaints through official channels, and suspended employees are under inquiry.

In light of recent allegations regarding sexual harassment and religious coercion at the Nashik unit, TCS's CEO K Krithivasan has reported the establishment of an oversight committee to evaluate the situation. Initial investigations revealed no formal complaints filed, yet suspended employees are currently facing scrutiny.

A major investigation into alleged sexual harassment and coercion at a TCS BPO unit in Nashik has resulted in nine FIRs and multiple arrests. A Special Investigation Team is examining complaints from eight women employees. TCS has stated it maintains a zero-tolerance policy on harassment. Tata Sons chairman has called the allegations gravely concerning.

Maharashtra Chief Minister Devendra Fadnavis expressed grave concern over alleged sexual harassment at a Nashik TCS unit, suspecting a planned module. He commended TCS management's zero-tolerance approach and stated the government is investigating the module's reach, involving central agencies like the NIA.

Two accused in the Tata Consultancy Services Nashik sexual harassment case remain in police custody. An accused relative claims the allegations are part of a conspiracy and scripted. Police have arrested seven employees so far. A Special Investigation Team is probing complaints from eight women. Tata Consultancy Services has a zero-tolerance policy and is investigating the matter.

TCS clarified that an individual wrongly identified as an HR manager in the Nashik controversy was a process associate with no recruitment involvement. The company denied reports of the unit's shutdown and reiterated its zero-tolerance policy for misconduct, while also stating no internal complaints were received. An independent inquiry, supported by external agencies, is underway.

Tata Sons chairman n chandrasekaran urged Air India employees to prioritize cost control and service enhancement, emphasizing the need to acknowledge the airline's challenging reality. He reassured staff of the Tata Group's unwavering commitment and the board's full support, stressing the importance of focused execution and resilience amidst industry headwinds. This comes as CEO Campbell Wilson departs.

Nashik police have filed nine FIRs against IT firm employees for alleged religious conversion attempts, sexual harassment, and workplace misconduct. Investigators believe seven male employees acted as an organized group targeting female staff. An HR head was arrested for discouraging a victim. Investigations into potential links with extremist groups are ongoing.

Uttar Pradesh Chief Minister Yogi Adityanath warned against external interference in factory operations following recent worker unrest in Noida. Speaking at a Tata Motors event, he emphasized the importance of gratitude towards employers and highlighted the company's contribution to employment and development in Lucknow. The CM also lauded the state's industrial growth and youth demographic.

NASHIK TCS News: A major investigation into a Nashik TCS unit reveals disturbing allegations of sexual exploitation, workplace harassment, and religious coercion spanning nearly four years. Employees reported inappropriate behavior, suggestive remarks, and unwanted advances. Some also faced religious targeting, including derogatory comments and pressure to convert. TCS has suspended accused employees and launched an internal probe.

Air India's MD & CEO Campbell Wilson has resigned, marking the third leadership change since Tata Group's acquisition 50 months ago. Wilson, who took office in May 2022, will remain until a successor is appointed. The airline's board has formed a committee to expedite the search for a new CEO in the coming months.

A tip-off about a Hindu woman observing Ramzan fasts at a TCS Nashik BPO unit triggered a police investigation. Undercover operations led to arrests of seven employees amid allegations of sexual exploitation, religious coercion, and workplace harassment. TCS has suspended employees and launched an internal probe.

Shapoor Mistry, representing the largest minority shareholder, advocates for Tata Sons' public listing, calling it essential for stakeholder value and trust income. This follows similar calls from Tata Trusts vice chairmen, amid RBI's proposed NBFC norms. Mistry believes a listing will enhance governance and transparency, potentially easing SP Group's debt pressures.

War Disrupting Supply Chains: Tata Sons Chairman Tells CEOs

Campbell Wilson is stepping down as Air India's CEO and Managing Director. The Tata Group carrier announced his departure on Tuesday. Wilson will remain until a successor is found. This move comes as Air India navigates financial challenges and a gradual revival post-privatisation. A panel is now searching for his replacement.

Tata Sons' new ventures face mounting losses, with projections for FY26 reaching Rs 29,000 crore. This sharp increase has raised concerns, impacting leadership decisions. Tata Digital and Air India are major contributors to these losses. A plan to control spending is expected soon. The group is reassessing strategies for these ambitious projects.

Tata Sons chairman n chandrasekaran acknowledged the West Asia conflict's supply chain impact. He assured that Tata companies have planned alternative measures and are prioritizing employee safety in affected regions. Investments in technology, including hydrogen engines and carbon footprint reduction, are ongoing. New manufacturing jobs are expected with Tata Steel's expansion. AI will create opportunities for TCS.