NASSCOM STATEMENT HARASSMENT
Nasscom reaffirms zero tolerance on harassment amid TCS BPO case
The Indian technology industry takes misconduct and harassment very seriously. Industry body Nasscom stated this in response to allegations at Tata Consultancy Services and Infosys. Companies have strict rules and take swift action. These incidents are isolated and do not show a pattern. Infosys also confirmed it has a zero-tolerance policy for harassment.
IT companies take swift, decisive action in harassment cases: Nasscom
This follows Tata Consultancy Services coming under scrutiny following serious allegations of sexual harassment, religious misconduct, and coercion at its Nashik office. While the company has suspended the employees under investigation, the police have arrested seven individuals, and a Special Investigation Team (SIT) has been constituted to probe the matter further.
Bike taxi ban delivers a blow to Delhi ecommerce; IT employees should return to offices: Wipro chairman Rishad Premji
Ecommerce deliveries are facing significant disruptions in India’s capital, executives at online platforms and impacted brands said, stating that their on-ground teams are being penalised and harassed amid confusion, following the Delhi government’s recent order banning the use of two-wheelers as taxis. This and more in today’s edition of the ETtech Morning Dispatch.
Crypto investors nurse FOMO wounds; Zilingo founders offer to buy troubled firm
As the bears’ grip on the market tightens, Indian investors who succumbed to FOMO (fear of missing out) and invested in crypto assets are faced with a choice—hang in for years to (hopefully) recoup their money or quit with heavy losses.
Banks press on with tokenisation; ShareChat valued at $5 billion in new financing
Banks and payment aggregators say their systems will be ready before the June 30 deadline. But other stakeholders, including ecommerce companies, are still seeking an extension from the RBI, fearing disruptions.
India Inc reacts to #Budget2020: Biocon boss lauds end of tax harassment, Debjani Ghosh gives a thumbs-up to manual scavenging ban
Business leaders shared their verdict on Sitharaman’s second Budget.
Budget 2019: Government removes the sting of angel tax, entrepreneurs & investors rejoice
The minister announced that to resolve the issue of angel tax, startups and their investors who file requisite declarations and provide information of their returns will not be subjected to any kind of scrutiny.
This Budget, the Government needs to abolish angel tax for startups: IAN's Saurabh Srivastava
Notably, the tax was introduced to prevent and detect money laundering practices and also catch bogus startups.
View: Scrap Section 56 of the I-T Act to not throttle India’s startup ecosystem
The problem with an ‘angel tax’ is that startups generally have no profits, no revenues and virtually no assets.
India Inc is not creating inclusive workplace for LGBT employees
Colleagues with disabilities and LGBTQ communities usually find little space in companies' HR strategies.
Anand Mahindra's apology over a techie's sacking brings IT layoffs in spotlight
The apologies by Mahindra and Gurnani point to the role of social media in issues such as termination of jobs and workplace harassment.
Industry associations call for Stayzilla CEO's release, guidelines for startup closures
A group of over 80 entrepreneurs and investors, including the likes of Paytm’s Vijay Shekhar Sharma and Ola’s Bhavish Aggarwal, has written to the home minister asking for his intervention in the case.
Stayzilla case: Will criminal cases against failing startups be a norm?
Several industry members, including entrepreneurs and investors, have formed an informal group called SaveYogiSaveStartupMovement to explore what legal action to adopt to deter such incidents.
Congress wanted to implicate Narendra Modi in Ishrat Jahan case: Venkaiah Naidu
Naidu said his government is all for taking strong action on matters of national security, but blamed certain people for diverting attention.
After coalgate, an iGate: Phaneesh Murthy calls it a case of extortion
One of the technology industry's best-known personalities was hoist by his own petard after yet another sexual indiscretion cost him the job of president and chief executive officer of iGate.
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