Asset lost. 🥹
One of my friend lost(some random guy stole his bag) his asset while traveling, what was the consequences he need to face.
The specific consequences your friend faces will depend heavily on the TCS internal policy regarding lost and stolen assets, but generally, the process and potential consequences involve: Immediate Reporting: Your friend must immediately report the loss/theft to their manager, the IT department, and potentially the security or asset management team. This is the critical first step to allow the company to remotely secure or wipe the data on the asset (if it's a laptop, phone, etc.) and file any necessary insurance claims. Filing a Police Report (FIR): Since the item was stolen, your friend will almost certainly be required to file a First Information Report (FIR) with the local police where the theft occurred and provide a copy of the report to TCS. This report is essential for the company's records and any potential insurance claim. Internal Inquiry: There will likely be an internal inquiry to understand the circumstances, including whether company travel/security protocols were followed. Potential Consequences (Varying by Policy and Circumstance): Financial Liability (The most common concern): In many companies, especially for a stolen item where an FIR is filed, the company's insurance may cover the loss, and the employee might not have to pay the full cost. However, some companies' policies may require the employee to pay the depreciated value of the asset, especially if negligence is determined to be a factor (though a random theft is often treated differently than simple loss). If the asset was only the company-provided bag and not a high-value electronic like a laptop, the financial consequence will be minimal, likely just the cost of the bag. Disciplinary Action: If the company finds a serious breach of security protocol or gross negligence (e.g., leaving a laptop unattended in a public, unsecured area), disciplinary action, ranging from a warning to stricter measures, could be considered.
Lodge an FIR and Submit the copy of it to the Asset management team.. Talk to your Manager , Hr beforehand on what procedures to follow... He might have to pay for the asset but atleast he won't be called a thief..
Inform immediately to asset team. There is a procedure. We need to take FIR etc.
