CALCULATE YOUR SIP RETURNS

TCS Share Price in Focus as Company Likely to Meet Labour Ministry Today Over Onboarding Delays

Written by: Neha DubeyUpdated on: 1 Aug 2025, 2:35 pm IST
TCS shares remain under scrutiny as the IT giant likely appears before the labour ministry today to address concerns over delays in onboarding over 600 lateral hires.
TCS Share Price in Focus as Company Likely to Meet Labour Ministry Today Over Onboarding Delays
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

Tata Consultancy Services (TCS) is scheduled to meet officials from the Ministry of Labour and Employment in New Delhi today, August 1. The meeting, set with the Chief Labour Commissioner (CLC), follows complaints over extended delays in onboarding experienced professionals, according to a report by Business Standard.

The labour ministry has sent an official communication to TCS, summoning the company’s chairman and managing director. The letter mandates that a senior decision-maker familiar with the issue must represent the company in the meeting, the report added.

NITES Complaint Triggers Government Intervention

The move by the ministry comes in response to a formal complaint filed by the Nascent Information Technology Employees Senate (NITES), a union representing IT employees. NITES alleged that TCS issued offer letters to hundreds of lateral hires but has failed to honor onboarding commitments for several months.

Read More: TCS Bench Policy: NITES Files Complaint Over Mass Employee Distress.

What NITES Is Demanding

In its appeal, NITES has urged the government to compel TCS to take the following actions:

  • Provide a definitive timeline for onboarding the affected professionals
  • Offer compensation for the delays incurred
  • Consider placing candidates in alternate roles within the company
  • Extend Employee Assistance Program (EAP) support to help employees deal with the psychological and financial stress of being left in limbo

TCS Share Price Performance

On July 31, 2025, shares of Tata Consultancy Services Limited (TCS) ended the trading session on a mildly negative note. The stock closed at ₹3,036.80, down ₹20.40 or 0.67% from its previous close of ₹3,053.60. During the day, the share price opened at ₹3,041.70, climbed to an intraday high of ₹3,059.80, and slipped to a low of ₹3,015.00.

Read More: Why TCS, Infosys, and Wipro Are Cutting Jobs Despite Revenue Growth?

Conclusion

As of June 30, 2025, TCS employed around 613,000 people, making it India’s largest IT services firm. The delay in onboarding lateral recruits comes amid broader hiring slowdowns across the IT sector, driven by economic pressures and margin constraints.

Today’s meeting with the labour ministry is expected to offer some clarity for the hundreds of professionals awaiting onboarding. With regulatory authorities stepping in and employee bodies demanding accountability, investor and public attention is firmly fixed on how TCS will respond.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Aug 1, 2025, 9:01 AM IST

Neha Dubey

Neha Dubey is a Content Analyst with 3 years of experience in financial journalism, having written for a leading newswire agency and multiple newspapers. At Angel One, she creates daily content on finance and the economy. Neha holds a degree in Economics and a Master’s in Journalism.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3 Cr+ happy customers