Category : Corporate News


DCI Signs ₹2,157 Crore Fuel Deal with IOCL for Dredging

Dredging Corporation of India Ltd (DCI) has signed a ₹2,157.07 crore MoU with Indian Oil Corporation Ltd (IOCL) to supply fuel for its dredging fleet over the next five years, ensuring reliable operations for ports and national projects.

TCS Nashik Employee Seeks Bail in Harassment Case

A TCS employee in Nashik, accused of religious harassment, has filed for anticipatory bail citing pregnancy. The company has formed an oversight panel and engaged external entities for an internal investigation.

Adani and SEC Request More Time in US Court Case

The US SEC and Indian businessmen Gautam and Sagar Adani have jointly asked a US court for an extension to file submissions in a civil securities case, proposing a new timeline for motions and responses.

Adani, SEC Seek Extension in US Court Case

The Securities and Exchange Commission and Adani Group have jointly requested an extension and proposed a new briefing schedule in their ongoing US legal case, as per a recent court filing.

Cognizant CEO Pay Rises 29% to $10.6M in 2025

Cognizant CEO Ravi Kumar S's realised compensation reached $10.6 million in 2025, a 29% increase from the previous year, as per the company's proxy filing. This includes salary, cash incentives, and RSU payouts, with CFO Jatin Dalal also seeing higher com

Varanasi Cruise Project Scandal: Rs 4 Crore Fraud Case Filed

A major financial scandal has derailed plans to expand modern cruise services on the Ganga in Varanasi. A private company from Kerala faces fraud charges exceeding Rs 4 crore for failing to deliver three cruises after receiving substantial payments.

TCS CEO Forms Committee to Review Nashik Unit Investigation

TCS CEO K Krithivasan has established an oversight committee led by independent director Keki Mistry to investigate allegations of sexual harassment and religious coercion at its Nashik unit. The company has suspended employees and engaged external adviso

TCS Scandal Exposes Control Failures: Thirukkural's Lesson

The Tata Consultancy Services Nashika office scandal reveals how organizational controls can fail despite policies. Drawing from Thirukkural's wisdom on cross-checking, this article examines why systems betray trust and the courage of those who speak up.

TCS Nashik Scandal Puts City's IT Future at Risk

Allegations of harassment and conversion at TCS Nashik have sparked fears of investment flight and reputational damage, threatening years of progress in the region's IT sector, according to industry association NITA.

TCS Hires Deloitte, Trilegal for Nashik Probe

Tata Consultancy Services (TCS) has appointed Deloitte and Trilegal to investigate allegations of recruitment malpractices at its Nashik center, following reports of irregularities in hiring processes.

Nagarro Names Prateek Aggarwal as CFO

Global IT services firm Nagarro has appointed Prateek Aggarwal as its new Chief Financial Officer, effective immediately, succeeding Manas Human.

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