TATA Group and Ethics

Presented By Anvita Jain (PG – 11 - 081) Rutu Shah (PG – 11 – 107)

• Tata Code of Conduct (TCoC) has 25 clauses. the group has circulated the Tata Code of Conduct to al its employees. they have a Code of Conduct in which a Code of Ethics is embedded.TATA Code of Conduct • Tata Group has more than a code of ethics. • Values and beliefs are more vital in its context than structures and systems. • Since 1999. • A comprehensive template of ethical behavior that guides the actions and decisions of Tata employees. which is simple. . easy to understand and easy to follow.

religion. ancestry. Internal accounting and audit procedures shall fairly and accurately reflect all of the company’s business transactions and disposition of assets. • Equal Opportunity to Employer – It shall provide equal opportunities to all its employees. without regard to their race. color. sex.A Tata company shall prepare and maintain its accounts fairly and accurately. caste. marital status. age. . nationality etc. based on merit.TATA Code of Conduct • National Interest .A Tata company shall be committed in all its actions to benefit the economic development of the countries in which it operates. • Financial Reporting and Records .

or perceived to obtain business or uncompetitive favors for the conduct of its business.TATA Code of Conduct • Competition – It shall fully strive for the establishment and support of a competitive open market economy in India and abroad and shall not engage in activities. dominant market. remuneration. . donations or comparable benefits that are intended to.A Tata company and its employees shall neither receive nor offer or make. • Gifts and Donations . positions & similar unfair trade practices. directly or indirectly. gifts. any illegal payments. Any collection of competitive information shall be made only in the normal course of business and shall be obtained only through legally permitted sources and means. which generate or support the formation of monopolies.

A Tata company shall not support directly or indirectly any specific political party or candidate for political office.TATA Code of Conduct • Government Agencies – A Tata company and its employees shall not offer or give any company funds or property as donation to any government agencies or their representatives. • Political Non-alignment . directly or through intermediaries. in order to obtain any favorable performance of official duties.A Tata company shall be committed to and support a functioning democratic constitution and system with a transparent and fair electoral system in India. .

. production.It shall be committed to supply goods and services of the highest quality standards backed by efficient after-sales service. Safety and Environment . • Quality of Products and Services . It shall be committed to prevent the wasteful use of natural resources and minimize any hazardous impact of the development. The quality standards of the company’s goods and services should at least meet the required national standards and the company should endeavor to achieve international standards. use and disposal of any of its products and services on the ecological environment.It strive to provide a safe and healthy working environment and comply to regulations regarding the preservation of the environment of the territory it operates in.TATA Code of Conduct • Health.

.It shall be committed to be a good corporate citizen. but would strive to incorporate them as an integral part of the business plan. education & literacy. human and management resources as long as this does not adversely affect its business interests and shareholder value.A Tata company shall cooperate with other Tata companies by sharing physical.TATA Code of Conduct • Corporate Citizenship . Would also not treat these activities as optional ones. • Cooperation of TATA Companies . etc. Social responsibility would comprise: to initiate and support community initiatives in the field of community health and family welfare. water management. vocational training.

the integrity of data or information furnished by him to the company. codes and agreements issued by Tata Sons. • Group Policies .A Tata company shall recommend to its board of directors the adoption of policies and guidelines periodically formulated by Tata Sons.The use of the Tata name and trademark owned by Tata Sons. . shall be governed by manuals.TATA Code of Conduct • Use of the TATA Brand .Every employee of a Tata company shall ensure. • Integrity of Data Furnished . at all times. The use of the Tata brand is defined in and regulated by the Tata Brand Equity & Business Promotion Agreement.

An employee of a Tata company shall. . • Protecting Company Assets . • Reporting Concerns . in his private life.TATA Code of Conduct • Citizenship .Every employee of a Tata company shall promptly report to the management any actual or possible violation of the code or an event he becomes aware of that could affect the business or reputation of his or any other Tata company.The assets of a Tata company should not be misused but employed for the purpose of conducting the business for which they are duly authorized. be free to pursue an active role in civic or political affairs as long as it does not adversely affect the business or interests of the company or the group.

integrity as well as high moral and ethical standards. • Regulatory Compliance . honesty. without the prior approval accept employment or a position of responsibility (such as a consultant or a director) with any other company. nor provide “freelance” services to anyone. Failure to adhere to the code could attract the most severe consequences including termination of employment.TATA Code of Conduct • Concurrent Employment .Every employee of a Tata company shall comply with all applicable laws and regulations.An employee of a Tata company shall not. then the standards of the code shall prevail. • Ethical Conduct . If the ethical and professional standards set out in the applicable laws and regulations are below that of the code.Every employee shall deal on behalf of the company with professionalism. .

a technical training institute and 110 schools etc. outreach centers. assigning of mentors. • Psychiatric cell . • Ratan Tata’s help to TAJ hotel attack victims:• Relief and assistance to all those injured and killed. The company setup 65 hospitals. trusts were setup • Ratan Tata himself visited the people and extend whatever help was possible. 280 adult literacy centers. the salaries were sent by money order. unwilling to give cash TATA TEA offered to invest in the upliftment of the assamese people. • During the time the hotel was closed. those who were employee with the company as well as those who died at the railway station and nearby areas. 173 childcare centers. .Good Deeds by TATA • When ULFA militants contacted TATA TEA.

2012 TATA Group Chairman Ratan Tata had regretted for his failure in creating a truly open. . transparent organization. • Tata Teleservices is the countries sixth largest mobile operator. It was evident that he was deeply pained because of the TATA Group getting dragged into the 2G spectrum allocation controversy (after the tapes of corporate lobbyist Nira Radia were leaked to the media) • Three CDMA licenses of TATA teleservices where cancelled by the supreme court in February 2012. Assam and North East Circle. flat. • During a TV interview on July 9th.TATA Teleservices • Ratan Tata’s reputation of maintaining an ethical figure had hit a wall. when Tata Teleservices had shut shop in J&K.

• When the opportunity came to show the ethics and prove the world. or atleast bid of buying for spectrum in these areas. . TATA withdrew from the bid stating the price was too high.20. But TATA chose not to.000 customers from these three circles.TATA Teleservices • Since TATA teleservices did not have any more spectrum to operate in these areas. TATA simple decided to ignore their 3. the only way TATA could have lived to their words of ethics and value was to buy.

. Staff relocation to other circles would "strictly hinge on availability of suitable jobs".How IT Affected The Employees • The company didn’t tell about the extent of headcount reduction in the Assam and Northeast circles • Tata Teleservices had internally communicated its decision to stop CDMA operations in these circles.

000 plus customers affected. Photon+ etc) will not be able to use these devices anymore. .20. • Customers are not yet compensated neither alternate arrangements have been made for them. • Company sent a notification to its customers that the services will be closed down from 18/01/2013.How IT Affected The Customers • About 3. • The customers who have bought CDMA devices (Photon Whiz.

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