Govt's tender system favours Big 4 firms, this needs action: Pai

Former Infosys CFO Mohandas Pai on Tuesday questioned the tender allocation system and said, "It has been gamed with high criteria of revenues." "Big 4 [firms] are being favoured by government for various reasons. Government pays very high rates. Smaller Indian firms are being discriminated against," Pai added. This has become a closed market and needs government action, he added.

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