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work from home: Despite policy change, why are IT companies still unable to follow the work-from-office diktat?

Several IT services companies are allowing employees to work remotely instead of strictly enforcing the mandate to work from the office for a minimum of 2-3 days a week. While firms like Infosys, HCL, and Cognizant have implemented the policy, managers are prioritizing deliverables and upskilling. TCS, on the other hand, is taking a strict approach and deducting salaries of employees unwilling to come to the office. ....

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Foxconn: Tamil Nadu and Telangana on Foxconn-HCL's radar for new chip facility

The HCL-Foxconn joint venture is in “advanced-level talks” with Tamil Nadu and Telangana to set up its recently announced semiconductor assembly and testing unit, people in the know of the development told ET. Though Karnataka was also in the running, these people said the JV is likely to prefer Tamil Nadu or Telangana for setting up the unit, “attracted by better incentive structures” offered by them. ....

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