Two whistleblower complaints were received in relation to India and the US, and the company has banned six employees and firms; three more are being investigated
N Chandrasekaran, Chairman, Tata Sons
Image: Vikas Khot
Tata Consultancy Services (TCS) has “banned” six employees and six “business associate firms”, and an investigation of three more employees is ongoing in relation to allegations of jobs-for-bribes at the company, Chairman N Chandrasekaran told shareholders at the company’s 28th annual shareholder meeting on Thursday. He was speaking via videoconference.
Here's the full transcript of Chandrasekaran’s comments:
“We received two whistleblower complaints towards end-February and March, and both the whistleblower complaints were investigated. The complaints were about certain favouritism being done and favours being received in recruitment of Bas (business associates).”