One of the business news website Mint Report According to, the complete information of this scam has not been received. Two executives with knowledge of the matter have 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.
The company has sent the head of recruitment on leave and sacked four executives from RMG following the probe. 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 has been told that the people involved in this scam may have received around Rs 100 crore through commission. Chakraborty, who joined the company in 1997, held the position of Vice President and reported to the Chief Operating Officer of TCS. The company has banned his coming to the office. About this TCS “Complaints about violations of the code of conduct are frequent. The company has robust processes in place to investigate and address these,” said a spokesperson.
The RMG division of TCS is estimated to have around 3,000 employees. It deploys around 1,400 engineers on projects every day. At the end of the last financial year, the company’s revenue was more than $ 27 billion. Generally, large IT companies like TCS recruit executives through employee referral programs and staffing firms. Apart from this, the help of staffing firms is also taken to hire temporary workers or contractors.
