3. Gifts and Entertainment Accepting Gifts and entertainment- General Principles
In general, all staff should not accept gifts - anything of value (including entertainment) from current or prospective customers or suppliers, unless it is in accordance with the Code.
• The detailed policy guidelines in this regard would be approved by the Product & Process Approval Committee of the Company from time to time.
Giving gifts and entertainment - Bribery and corruption
Bribery/Corruption is defined as the receiving or offering of an undue reward to any third party.
• You must note that DATA Group follows zero tolerance approach towards Bribery and Corruption.
• You must not make any payment to or for anyone for the purpose of obtaining or retaining business or for obtaining any favorable action. If you found to be involved in making such payments, you would be subject to disciplinary action as well as potential civil or criminal liability for violation of the Code.
• You should not offer or give any funds or property as donation to any government agency or its representatives, in order to obtain any favorable performance of official duties.
• While you are expected to put in best of your efforts in every transaction, you will not be penalised by DATA Group for delayed performance of a transaction solely on the grounds of refusal to pay bribes.
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with the Code and related internal guidelines
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or for anyone that could tantamount
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