Good corporate governance has consistently
been TI’s cornerstone for sustained superior financial
performance, and quality service to all its stakeholders. At
TI, we firmly believe that the fundamental objective of
corporate governance is enhancement of long-term shareholder
value, while keeping the interests of all stakeholders in
view.
Dedicated to the highest standards of
corporate governance in all its activities and processes, the
Company is committed to discipline, willingness, transparency
and fairness. Key elements in TI’s corporate governance
include :
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Transparency
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Disclosure
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Supervision and internal controls
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Risk management
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Internal and external communications
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High standards of safety, health,
accounting fidelity, product and service quality
Besides drawing on the various legal
provisions, group practices are continuously benchmarked in
terms of the Confederation of Indian Industry Code and
international studies. The entire process begins with the
functioning of the Board of Directors, with leading
professionals and experts serving as independent directors and
represented in the various board committees. The Board has
empowered an efficient team of experts to implement its
policies and guidelines and has set up adequate review
processes to ensure continual value generation.