At TCS’s 28th Annual General Meeting, Chandrasekaran assured shareholders of strict measures to deal with over 1,000 staffing firms so that such incidents do not recur. “Ethical conduct and integrity of every worker is of paramount importance before any financial performance for any Tata Group company. We are shocked whenever a worker violates ethical conduct. We take it very seriously,” he added. ” Chandrasekaran said that two whistleblower complaints were received in this matter. The company has sacked six workers and blacklisted six staffing firms regarding this. Apart from this, investigation is being done against three other workers.
“We cannot determine what benefits these workers received, but they certainly behaved in ways that benefited some firms,” he said. A report in business news website Mint had said that a whistleblower had written to the company’s chief executive officer and chief operating officer alleging that ES Chakravarthy, head of TCS’s Resource Management Group (RMG), collected commissions from staffing firms over the years. are taking Following this complaint, the company formed a team of three senior executives, including TCS Chief Information Security Officer, Ajit Menon, to investigate the allegations.
In this report, it was told that the company has sent the head of recruitment on leave and sacked four executives from RMG after the investigation. Apart from this, three staffing firms have been blacklisted. However, information about the blacklisted staffing firms is not available. In this report, quoting an executive, it was said that the people involved in this scam may have received around Rs 100 crore through commission. In this regard, a TCS spokesperson had said, “Complaints of violations of the code of conduct are received regularly. The company has a robust process to investigate and resolve them.”
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