BUSINESS ETHICS(MGT161)

TATA SONS PVT LTD

 TEAM MEMBERS
Name Enrolment Number Email Address Programme

Sanaiya Jokhi 1811391 sanaiya.j@ahduni.edu.in BBA

Simoni Shah 1811104 simoni.s@ahduni.edu.in BBA

Shagun Turakhia 1811271 shagun.t@ahduni.edu.in BBA

Sunidhi Soni 1811462 sunidhi.s@ahduni.edu.in BBA

Aashka Shah 1811442 aashka.s@ahduni.edu.in BBA

Megha Mohata 1811420 megha.m@ahduni.edu.in BBA

Tirth Patel 1811072 tirth.p1@ahduni.edu.in BBA

Vaidehi Ruparelia 1811190 vaidehi.r@ahduni.edu.in BBA

Vrutika Siyani 1811409 vrutika.s@ahduni.edu.in BBA

 INTRODUCTION

•Established in – 1868
•Established by – Jamsetji Tata
•No. of sectors – 7
•No. of companies under these sectors – 100
•Headquarter – Mumbai, India
 CSR INITIATIVES UNDERTAKEN BY
GOVERNMENT

•Arogya – Health
•Vidhydhanam – Education
•Vasundhara – Environment
•Amrutdhara – Drinking water
•Aadhar – Tata affirmative action program
•Household initiatives
•Seva – Volunteering
CSR expenditure for the Financial Year 2015-16:
Name of the Company CSR Spent (in ₹ Crores)

TATA CONSULTANCY SERVICES LIMITED 294.2

TATA STEEL LIMITED 204.5
THE TATA POWER COMPANY LIMITED 29.0
TATA MOTORS LIMITED 20.6
TATA CHEMICALS LIMITED 14.0

TATA POWER DELHI DISTRIBUTION LIMITED 8.6

TATA STEEL LIMITED 204.5
TATA TECHNOLOGIES LIMITED 5.1
TATA AIG GENERAL INSURANCE COMPANY LIMITED 3.3
TATA SONS LIMITED 0.0

Source: Registrar of Companies

 ETHICAL PRACTICES FOLLOWED BY TATA

• The company shall act with honesty, integrity, fairness and within the ethical standards. 

• Month of July observed as ETHICS MONTH.

• Some of the ethical practices followed by TATA are as follows:

1. Encourage social development activities for the communities they are working in.
2. TATA prevents the wasteful use of natural resources and also works towards the improvement of
the environment.
3. Competitors information should be obtained legally. 
4. Everyone is treated equally without any kind of discrimination.
5. It encourages gender equality and equal pay for all its employees.
CORPORATE GOVERNANCE RULES FOLLOWED
BY TATA

•Tata's philosophy on corporate governance is upon rich legacy of ethical and

transparent governance practices.
•Through the corporate governance working, the board of directors along with
its employees undertakes responsibilities to all stakeholders by ensuring
fairness and transparency in its decision.
•They also consider their responsibility to protect the rights of their
stakeholders and tell them accurate and timely information regarding the
company's financials and performance.
 Model relevant – Anglo US model

•The 3 key players of Anglo-US model are:

1. Board of directors (where they include both outsiders and insiders)
2.Management
3.Shareholders
•Mainly designed/created to differentiate individually between the control and
ownership of any corporation.
•Relies on effective and strong communication between the 3 key players with
main decisions, agenda, and objectives of the business.
•There are numbers of key players involved including management,
shareholders, directors, stock exchanges, government agencies, consulting firms,
and self-regulatory organizations.
VIOLATION OF ETHICAL CODE BY TATA

• 2G Spectrum Case
• Cyrus Mistry case
• TATA tea and ULFA case (Assam)
• TATA motors and Singur plant case (West Bengal)
ETHICAL DILEMMAS FACED BY TATA IN
PAST AND PRESENT

TATA Telecommunication 2G scam

• It was alleged that the company paid bribes to A Raja, instead of

participating in a fair auction.
• Ethical code of conduct was broken.
• The ethical dilemma of whether the company should pay or accept the
bribe even if it takes the company to new heights.
 TATA Steel- Environmental Pollution

• People from the villages of Mouda, Harijansahi and Tupasahi have been
continuously asking for a change in their habitat because of the pollution caused
by Tata Steel.
• More than fifteen hundred people wanted their houses to be reallocated to some
other place.

TATA Tea- Pranati Deka

 CONCLUSION

1. Follows good ethical practices

2. Focuses on environmental responsibilities.
3. Encourages gender equality.
4. Huge contributor for the development of the country.
THANK YOU!!