TCS rolls out 25,000 fresher offers for FY27, its slowest start in years, as AI-led skill gaps and cautious hiring reshape campus recruitment trends
IT major Tata Consultancy Services (TCS) on Sunday said that the firm has adopted a zero-tolerance policy towards harassment and coercion of any form for a long time, confirming the suspension of employees allegedly involved in sexual harassment at its Nashik office. The clarification comes in the wake of allegations of sexual harassment and forced religious conversion by eight female employees at the multinational company's office in Nashik. Earlier this week, the police formed a special investigation team (SIT) to probe the complaints lodged by eight employees, who claimed that senior colleagues mentally and sexually harassed them, and the human resources department turned a deaf ear to their complaints. The police have since arrested seven people, including the company's female HR manager. The company, in a statement, said, "TCS has a long-standing zero-tolerance policy towards harassment and coercion of any form. We have always ensured the highest standards of safety and ...
TCS has made 25,000 offers to freshers in the current fiscal, and pointed out that the demand scenario will determine whether it hires more college graduates, a top official has said. The largest information technology services company had hired 44,000 freshers in FY26, one of the highest by any private sector employer in the country, despite the headwinds it faced. "We have made 25,000 offers for freshers in FY27. Clarity on demand will lead to more hiring," its chief executive and managing director K Krithivasan told PTI in an interview over the weekend. When asked if the company will up its dependence on lateral hires and if the delivery model has undergone any change, he replied in the negative. Explaining that it takes up to nine months of training before a fresher comes on the floor, while a lateral can deliver immediately, he said, adding that business needs will influence its hiring strategies. The company has been hiring 40,000 or more freshers every fiscal year for at le
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TCS posted a revenue of ₹70,698 crore, as compared to ₹64,479 crore a year ago, up 9.6 per cent Y-o-Y
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The IT sector is expected to have a subdued quarter, with revenues likely to remain flat due to the ongoing geopolitical situation
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All 10 constituents of the Nifty IT index were trading sharply higher. Mphasis, Wipro, Oracle Financial Services Software, HCL Tech, and TCS rose over 2 per cent each
Brokerages tracked by Business Standard estimate TCS' net profit at an average of ₹13,918.6 crore, compared with ₹12,224 crore a year ago, up 13.86 per cent year-on-year (Y-o-Y)
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The technology sector has seen major job cuts recently, with companies including Oracle, TCS, Amazon, Microsoft, Intel and Block cutting thousands as they restructure and invest in AI
Indian IT services firms are expected to increase acquisition spending to up to $7 billion this year, targeting AI, cloud and data capabilities amid a challenging organic growth environment
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