Tata Consultancy Services has denied claims that its Nashik facility was shut down, saying the unit continues to operate and serve clients. The company also confirmed that it has brought in external legal and consulting support, including Deloitte and Trilegal, as investigations intensify around the ongoing controversy.
Tata Consultancy Services says it has not received any formal complaints through its official reporting systems regarding the Nashik allegations. The company says it has appointed independent experts—consultancy firm Deloitte and law firm Trilegal—to support an internal investigation led by COO Aarthi Subramanian.
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Despite market volatility, Deloitte India reports Indian CEOs’ median compensation rose to Rs 10 crore in 2025, up 13%. The pay mix is shifting: while 40% is fixed, 60% is performance-linked, and stock-based incentives face growing scrutiny. Shareholder rejection rates for new stock plans have quadrupled, reflecting stronger governance and tighter stakeholder oversight.
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