Tuesday, July 29, 2025

TCS to freeze senior hiring, pause annual salary hikes

Onboarding delays for those with experience who have been hired exceeds 65 days, according to the people cited. The Tata Group unit has already started phasing out hundreds of benched staff in Hyderabad, Pune, Chennai and Kolkata, in line with its new policy that mandates such employees to find projects in 35 days or leave. TCS did not comment on the development.

from Tech-Economic Times https://ift.tt/7gNjuMv

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...