1. As TCS eyes Lucknow exit, Yogi Adityanath government says will not let it go

As TCS eyes Lucknow exit, Yogi Adityanath government says will not let it go

Amid fears among Tata Consultancy Services employees that India's largest software outsourcer may close down its unit here, Chief Minister Yogi Adityanath led Uttar Pradesh government today said it will not let TCS go out of the state capital.

By: | Lucknow | Updated: July 16, 2017 8:09 PM
Yogi Adityanath, Tata Consultancy Services, Tata, Tata Consultancy, Yogi Adityanath government, TCS eyes Lucknow exit, Rajesh Agarwal, Uttar Pradesh, Lucknow, UP government Uttar Pradesh CM Yogi Adityanath (PTI)

Amid fears among Tata Consultancy Services employees that India’s largest software outsourcer may close down its unit here, Chief Minister Yogi Adityanath led Uttar Pradesh government today said it will not let TCS go out of the state capital. “We will not let it (TCS) go from the state capital. We will look into it,” state’s Finance Minister Rajesh Agarwal told PTI here. TCS employees have also approached Chief Minister Yogi Adityanath to ensure that the company did not leave Lucknow. Agarwal’s assurance came after UP ministers Swami Prasad Maurya and Mohsin Raza told the employees last week that their interests would be protected.

Maurya, who is state labour and employment minister, had said necessary negotiations would be held to protect the interest of its employees, numbering around 2,000. Raza too had said if needed, he would speak to the TCS management and the employees to find a way out. While the TCS staff panicked, a company spokesperson described certain media reports as “rumours.”

“There have been rumours and reports being circulated in the media about the company’s operations in Lucknow. TCS would like to clarify that it is only consolidating its UP operations in Noida and there will be no job loss as a consequence,” a TCS spokesperson said in a statement on Thursday. “TCS is working to ensure that employees get the opportunities in Noida and other centres across India,” the statement said.

It came in the wake of media reports that TCS staffers claimed they were informed by their team leaders and senior officials that the company is wrapping up the work at the Lucknow unit. Tata Consultancy Services added 11,202 (gross) employees during the quarter under review, taking its total head count to over 3.85 lakh.

  1. J
    Jay
    Jul 16, 2017 at 10:38 pm
    Govt Owned Loss Making En ies like Air India can stay alive indefinitely, on Life Support , of 10,000 Crores of (tax payers), Your money gifted to it, every Quarter by corrupt politicians. Every Unit of Private cos like TCS can stay alive only if they are profitable. YOGI of all people clearly understands this TRUTH to make UP VIBRANT AGAIN
    Reply
    1. V
      Vishwas Patil
      Jul 16, 2017 at 8:58 pm
      If UP CM takes any coercive action to forcing TCS alter its business decisions no new company will come to UP. Induce them and force them. Hope Yogi ji knows this well. He should even restrain from using such language. Hope good sense prevails and business is not hurt for populist politics.
      Reply

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