TCS will take strong action against staff over ethics breach: Chandra

INSUBCONTINENT EXCLUSIVE:
who violate the ethical code of conduct of the company
shareholders on the bribe case in recruitment, Chandrasekaran said that six employees and six business associates (BAs or recruitment firms)
had been banned
ethical conduct and integrity in operation
This comes first before any financial performance
the company received two whistle-blower complaints in February and March, and both complaints were investigated
The complaints were about certain favouritism being done and favour being received in the recruitment of BAs
We found six employees who did not follow the ethical conduct
While we cannot quantify the favours they received, they behaved in a way that they were favouring certain firms
So we have banned those six employees and also six companies
will look at the entire BA supplier management process and see what the weaknesses are and will tighten the process to ensure we do not face
allocation group, which is about the deployment of available resources into projects
On the growing concern about uncertainty in the macroeconomy, rising inflation and sluggish growth, Chandrasekaran said that companies would
I believe that the growth for the medium to long term is going to be strong
predictive AI, and generative AI, they augur well for the company and the sector. Chandrasekaran shared that the world is navigating
opportunities for the company
TCS is also focusing on building talent for the future
New technologies require talent with the right skillset
will only be beneficial to society and businesses, and TCS will invest in building capabilities.