TCS Refutes Shutdown Claims of Nashik Facility Amid Ongoing Investigations

TCS Refutes Shutdown Claims of Nashik Facility Amid Ongoing Investigations

Synopsis

Tata Consultancy Services (TCS) on Friday dismissed reports that its Nashik facility has been shut down, asserting that the unit “continues to operate and serve clients” even as investigations intensify into the ongoing controversy.

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ETtech
K Krithivasan, CEO, TCS
Tata Consultancy Services (TCS) on Friday dismissed reports that its Nashik facility has been temporarily shut down, asserting that the unit “continues to operate and serve clients” even as investigations intensify into the ongoing controversy.

The IT major has also initiated an independent probe into the matter concerning its Nashik facility, appointing external experts and implementing board-level oversight.

In an official statement, chief executive and managing director K Krithivasan said the company has engaged Deloitte and law firm Trilegal as independent counsel to support an internal investigation led by president and COO Aarthi Subramanian.

TCS has also set up a committee chaired by independent director Keki Mistry, which will review the findings of the internal probe and guide the implementation of any recommendations.

This editorial summary reflects ET Tech and other public reporting on TCS Refutes Shutdown Claims of Nashik Facility Amid Ongoing Investigations.

Reviewed by WTGuru editorial team.