[Resolved]  Vyom Labs Pvt. Ltd. — Unethical way of running business

Address:

Pune, Maharashtra

Company hires "only" those Computer/Electronics engineering graduates who have passed out 2 or 3 years before.
While joining, employees are required to sign a 2.5 years service agreement (bond) with the company, to which if employee fails to complete, he will be responsible for paying Rs. 2.5 lakhs to the company.

Vyom Labs provide training to those people on any of Oracle technologies such as Remedy, iApps, JDEdwards etc. for some 2-3 months and then create their "fake" resumes/profiles mentioning experience in the range of 3 to 6 years.

Vyom Labs send those profiles to other software companies in market posing as consultants and outsource those employees who have mere months of training as IT professionals. Those who can not clear interviews taken by hiring companies, are forced to give training to new batch that they hire.

The outsourced employees are on payroll of Vyom Labs. For work done by those employees, Vyom Labs charge huge amount of money from those companies and pay very little salary to the employees.

Once employee signs the bond, he/she is trapped for 2.5 years and company can do anything it want.

Below are company website links,
http://www.vyomlabs.com/
http://www.iwarelogic.com/

If you are also victim of any of these companies, do share your experiences !!