Tech Mahindra CEO on Coronavirus Impact, Challenges, Share Buyback

The video discusses the challenges faced by a company during the COVID-19 pandemic, including implementing remote work and ensuring employee safety. The company formed task forces to address these issues and focused on business continuity. Despite some industries being affected, the company maintained productivity and revenue. Vendor management was categorized to ensure cash flow, and a decision was made against a share buyback due to market conditions.

What was the primary focus of the first five task forces formed by the company?

• Enhancing customer service

• Ensuring employee safety and communication

• Improving cybersecurity measures

• Developing new products

What percentage of the company's IT team is working from home?

• 55%

• 93%

• 75%

• 100%

Which industries are mentioned as being practically shut down due to the pandemic?

• Retail and entertainment

• Manufacturing and media

• Travel and hospitality

• Telecom and healthcare

What was the recovery status of employees who tested positive for COVID-19?

• Recovery status unknown

• None recovered

• Some recovered

• All recovered

How did the company categorize its vendors during the pandemic?

• By payment history

• By industry type

• By size and scale of business

• By geographical location

What was the company's decision regarding a share buyback?

• Cancel the buyback

• Consider the buyback in the next quarter

• Delay the buyback

• Proceed with the buyback

What was the company's approach to dealing with large vendors?

• Terminate contracts

• Have a dialogue to pace cash flow

• Negotiate new contracts

• Pay them in advance