Times of India | TCS CEO K Krithivasan earns Rs 28 crore in FY26: His educational qualification and journey to the top

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TCS Chief Executive Officer and Managing Director K Krithivasan earned over ₹28 crore in FY 2026, a remuneration package 332.8 times the median employee pay, reflecting a 6.3 % year‑on‑year rise. He holds a B Tech in Mechanical Engineering from Coimbatore Institute of Technology (1985) and an M Tech in Industrial and Management Engineering from IIT Kanpur (1987), and has spent his entire career at Tata Consultancy Services since joining in 1989. Over three decades he progressed through multiple roles, notably serving as President of the Banking, Financial Services and Insurance division from 2007 to 2023, before being appointed CEO and MD in June 2023 to lead global operations. His compensation is set by the Nomination and Remuneration Committee based on performance, company results and market benchmarks.

Read more: https://timesofindia.indiatimes.com/education/news/tcs-ceo-k-krithivasan-earns-rs-28-crore-in-a-year-his-educational-qualification-and-journey-to-the-top/articleshow/131136997.cms

#TCS #KKrithivasan #IITKanpur #BFSI #NominationCommittee #KKrithivan

Leichte Entspannung der Benzinpreise in der Schweiz

Treibstoff ist in der Schweiz laut Zahlen des Touring Club Schweiz (TCS) wieder eine Spur billiger geworden. Vor allem für Diesel müssen Konsumenten im Vergleich zu Ende April etwas weniger tief in die Taschen greifen. Tanken bleibt aber insgesamt teuer. #Rohöl #TCS #news

https://www.awp.ch/sharedarticles?articleid=-1976841896

Times of India | 'Hindu religion insulted, Gen Z women targeted': NCW on TCS Nashik sexual harassment case

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The National Commission for Women (NCW) issued a report on the alleged sexual harassment at TCS’s Nashik office, describing the workplace as “deeply toxic” and citing grave violations of the POSH Act. The investigation found that young, especially Gen‑Z, female employees were repeatedly subjected to sexual, emotional and religious harassment, with the chief accused belittling Hindu beliefs and promoting Islam as superior. The report highlighted serious safety lapses: non‑functional CCTV cameras, an ineffective and non‑compliant POSH committee that never inspected the site, and a lack of required POSH notices and information. Victims were left with no reliable mechanism to lodge complaints, reflecting both a compliance and governance failure. The key accused has been taken into police custody and the findings have been submitted to Maharashtra Chief Minister Devendra Fadnavis.

Read more: https://timesofindia.indiatimes.com/india/insults-on-hindu-religion-gen-z-targeted-ncw-on-tcs-nashik-sexual-harassment-case/articleshow/131011451.cms

#NCW #TCS #DevendraFadnavis

TCS conversion case: House where Nida Khan found shelter to face bulldozer action, says Maha minister #TCS #House #NidaKhan #Maha #socialnewsxyz

https://www.socialnews.xyz/2026/05/11/tcs-conversion-case-house-where-nida-khan-found-shelter-to-face-bulldozer-action-says-maha-minister/

Times of India | Big reset: Top 5 Indian IT cos shed nearly 7K jobs in FY26, reversing FY25 gains

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India’s five largest IT services firms—TCS, Infosys, Wipro, HCLTech and Tech Mahindra—collectively cut 6,981 jobs in FY 2026, reversing the net gain of 12,718 hires recorded in FY 2025. The pullback, driven by demand uncertainty, delayed decision‑making and AI‑enabled efficiency gains, marks a shift from the traditional headcount‑focused growth model to one that emphasizes outcomes and AI‑augmented productivity. While TCS led the reductions with 23,460 cuts, Tech Mahindra shed 1,108 jobs; the remaining firms trimmed staff more modestly, focusing hiring on AI‑native, problem‑solving talent in data, cloud, cybersecurity and other frontier technologies. Industry data shows overall IT employment in India plateaued at about 5.9 million, with growth now concentrated in specialized, domain‑focused roles and driven by expanding global capability centres. Analysts predict a move toward a “digital labour” model, targeting 20 % AI‑driven workforces within two years and higher revenue per employee, even as overall workforce numbers recede.

Read more: https://timesofindia.indiatimes.com/technology/tech-news/big-reset-top-5-indian-it-cos-shed-nearly-7k-jobs-in-fy26-reversing-fy25-gains/articleshow/130517837.cms

#TCS #Infosys #Wipro #HCLTech #PhilFersht #RayWang