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TCS fired 16 employees and banned six staffing firms, and took action against three more employees, the company said on October 15, after completing the investigation.
Responding to shareholder concerns about the media reports related to TCSs so-called “recruitment scandal”, Chandrasekaran said “the most important thing expected of every employee is ethical conduct and integrity, ahead of any financial performance”.
TCS ethics violations: TCS bans six employees, six staffing firms in hiring scam
Chairman N Chandrasekaran also said the company paid ₹33,873 crore through dividend and buyback in FY21
The global supply chain is being redesigned by the pandemic, not only in terms of just-in-time but also just-in-case, and these are all presenting significant opportunities to Tata Consultancy Services, Chairman N Chandrasekaran says at the TCS AGM.