What You Need To Know About The Tata Scam

Tata Consultancy Services (TCS), an Indian IT giant, is embroiled in a major scandal involving senior executives accepting bribes during the recruitment process.

What Happened?

The executives in question were responsible for hiring critical personnel and have been accused of accepting commissions from staffing firms.

Who Reported It?

A whistleblower reported the global head of TCS's resource management group, E.S. Chakravarthy, for accepting these bribes.

What Did TCS Do?

TCS swiftly launched an investigation led by their chief information security officer.

What Actions Were Taken? 

Following the investigation, 4 executives involved in the scandal were terminated, 3 staffing firms were blacklisted, and the head of recruitment was placed on leave.

What Was The Bribe Amount? 

Estimates suggest that the implicated individuals may have earned commissions totalling at least Rs 100 crore.

Which Firms Were Involved?

TCS has not disclosed the names of the blacklisted staffing firms.

What Were The Effects?

The scandal has shocked the senior leadership and raised concerns about the effectiveness of existing safeguards within the company.

What's Happening Now?

Prompt action is expected from the government to address the issue, protect workers' rights, and restore trust in the sector.

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