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J. oUR GRoUP ComPANIES

1. We seek to cooperate with our group 3. We shall have processes in place to ensure
companies, including joint ventures, by that no third party or joint venture uses the
sharing knowledge, physical resources, TATA name/brand to further its interests
human and management resources and without proper authorisation.
adopting leading governance policies and 4. Our Board of Directors shall consider for
practices in accordance with applicable law adoption policies and guidelines periodically
including adherence to competition law, formulated by Tata Sons and circulated to
where relevant.
group companies.
2. We shall strive to achieve amicable resolution
of any dispute between us and any of our
group companies, through an appropriate
dispute resolution mechanism so that it does
not adversely affect our business interests
and stakeholder value.

Q & A

you are in the process of selecting potential vendors for an IT project in our company. In the
final shortlist of two companies, one is a new start-up with limited references and a lower
price-quotation, while the other is a Tata company with thirty years of implementation
experience and good references, but a marginally higher quote for the same job. With all
other parameters of choice being nearly equal, which company should you select for the job?
While price is undoubtedly an important criterion for decision making, it is clearly not the only one
to be evaluated. You may also need to consider good customer references, proven track record and
shared value systems in order to decide on your IT partner.

you are in the process of selecting potential vendors for a project. one of the three finalists
is a group company. In reviewing the final proposals, you rank the group company second
out of the three proposals based on pricing and total cost of ownership, and select the
first-ranked vendor. Is this the right decision?

Yes. You should select the vendor that, on its own merits, is the vendor that is most appropriate for
your company’s requirements. You should not select a group company only because of its affiliation.

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