IT Sector Alert: When war broke out in the Middle East, TCS and Infosys took a big step, strict travel advisory issued for employees

News India Live, Digital Desk: The increasing tension and war-like situations between Iran and Israel have created a stir globally. Its direct impact is now visible on India’s leading IT sector as well. TCS (Tata Consultancy Services) and Infosys, the country’s largest IT companies, have issued a new ‘travel advisory’ keeping in mind the safety of thousands of their employees. ‘Ban’ on non-essential travel with immediate effect. After the deteriorating security situation in the Middle East and many countries closing their airspace, both the companies have advised their employees not to travel to the affected areas. TCS instructions: The company has clarified that All business trips to Israel, Iran and surrounding countries will remain suspended until further orders. Infosys’ stance: Infosys has issued an alert through its Global Mobility department asking employees to adopt a ‘wait and watch’ policy. Safety of on-site employees is the first priority. For employees who are already deployed on projects in Middle East countries, companies are following special protocols: Shifting to safe places: Employees have been instructed to stay in safe places or indoors. Remote working: Where It is possible that the projects there are being shifted to ‘work from home’ mode. Helpline number: Companies have activated 24/7 support desk for emergencies. What will be the impact on project delivery and business? Middle East is an emerging market for Indian IT companies. Many big projects of these companies are going on in the banking, telecom and energy sectors. Challenge of deadline: Due to war, cancellation of flights and disruption in logistics may affect the project deadline. Threat of cyber security: The risk of cyber attacks on digital infrastructure increases during war, in view of which TCS and Infosys have further strengthened their security cordon. Market and investors’ view: Due to geopolitical tension, the stock market also fell on Monday. There were ups and downs. Investors fear that if the tension prolongs, the pressure on IT companies’ margins and international operations may increase. However, the companies say they are monitoring the situation closely and are in constant touch with customers.