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CRISIL Bogus Rating - Case of Infosys ESG Monitoring

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   DEFECTIVE BASIS  CRISIL published reports on the ESG are bogus. This is demonstrated with the Infosys Case. The CRISIL has given top rating to the Infosys. This bogus rating is not reflecting the true status of the Infosys,  what it did exactly on the ESG Programmes. CRISIL do not verify or examine Third Party Assessment Audit Report. CRISIL gives rating as per published report from the entities available on the internet. The ESG Report published by INFOSYS of 2022-2023 is extremely beautiful with big words. This report is the only basis of CRISIL rating. This Infosys' report has hidden the Mass Illegal Lay-Off of employees in 2022 & 2023. This Lay-Off was continued till 2025. This Major Illegal Violation of Labour Law remains unreported in the Infosy's ESG Report. Ultimately this wrong report is  a matter of ESG rating. This is cheating with investor. Who blindly trusts ESG data published by the CRISIL for investment. This is right time to think that...

The Illegal Lay-Off of WIPRO - Tears For Ayush Srivastava & Others.

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  ( The INFOSYS and WIPRO both did mass "Lay-Off" of employees. Both the cases attract labour law and human right violation. The violation have not been reported to the SEBI. The "Lay -Off"  in both the cases are   illegal in India as it attracted Section 78 (8) of the Industrial Relation 2020. In both the "Lay Off"  the compulsory permission required from the Government under Section 78 (1) of the Industrial Relation 2020 have not been taken. The water is above head. SEBI needs to take strong intervention against the entities who are violating the labor and human right laws in India openly. They are bringing here the ugly culture of Europe. This needs compulsory Third Party Social Impact Assessment Audit on the Compliance Programmes covering labour, social and human right laws. ) WIPRO like other Indian Corporates is a listed entity in the Stock Exchange Board of India. WIPRO is expected to put correct disclosure on the labour law compliance Programmes be...

The Case of Illegal Lay-Off at Infosys - Why SEBI Should Take Action Against Infosys on Wrong and False Reporting.

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In February 1993, Infosys listed its shares in the stock exchange. This became  Listed Entity under the SEBI. By virtue of listed entity under SEBI, the Infosys complies with the Listing Agreement Clause 49 and directors of the Infosys, submit report to the SEBI that on the compliance programmes covering Labour, Social, Human right and sustainable practice there is sound system and no violation.  In 2022 and 2023, similar statements have been filed by the Infosys to the SEBI. The disclosure is only on the comfortable reporting side. There is nothing on record on the labour law violation of 2022 and 2023. There has been Mass Illegal Termination in the name of "Lay-Off" ( See Box-One ) in 2022 and 2023. Again mass illegal termination has been reported on 7th Feb 2025.  SEBI can't remain helpless. The SEBI  has social responsibility. A full scale investigation is needed from the SEBI side why labour law violation is not reported. If reported what action assurance is the...

Toxic Work Place - HDFC Bank Case In The Lens of Social Impact Assessment Audit & SEBI ( Stock Exchange Board of India ).

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  Tears for Sadaf Fatima, Safi, and Shivam Mehrotra all from HDFC Banks.  Tears also for brave Nida Mushir, the brave wife of Safi.                                                                                                   ( Video Sample: Use head phone for listening the voice conversation. The video sample is from HDFC Kolkata. This is in Bengali conversation. The VP is using here un- parliamentarian  language and abusive words. The VP has lost his head as in this meeting one lady employee is also participating. He should have maintained decorum and ethical practice. Clearly he is putting unethical work pressure in this video. This is violation of ILO and UN Decent Work practice. This sample is uploaded because HDFC has den...

Tears For Anna - A Young Chartered Accountant What India Lost - Case of Prima Facie Social Audit from Pune's Ernst & Young.

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Tears for Anna. Very Long tears for Anna & Salute to National Human Right Commission.    Anna, was a young Chartered Accountant from Kochi. She joined  Ernst & Young office at Pune as Associate. She has strong vision to look the beautiful world. The poor work culture killed her. She died under cardiac arrest on 20 July 2024.  She has given a long complain about the culture of Ernst & Young to her mother. The  long working hours and heavy work load, killed her. This would have been similar unreported death.  But, her mother reported it in a long letter, to the insensible society.  A "Prima Facie" Social Audit conducted at Ernst & Young office at Pune, reveals that  the first primary and mandatory requirement of  Labour Law Compliance under the MSE Act 2017 is skipped here intentionally. This was kept skipped even on the date of death. This was known to the Ernst & Young that their culture is different, then the work culture...

Water Security Programme Under Lens in Jharkhand - Case study of corruption detected in Social Impact Assessment Audit at the Chakra Village, Godda District ( Jharkhand ).

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  * Birendra K Jha,                                                                                                                 Social Impact Assessment Auditor &  Member Institute of Social Auditors of India.                                                  Email: birendrajha03@yahoo.com                                                             Water security in India means  availability,  of the water ecosystem...