WOMEN DIRECTORS
A woman's place is in the boardroom
India Inc can attain gender parity by emphasizing middle managers through affirmative action in college and entry-level corporate hiring, ensuring a balanced representation at all levels for effective corporate governance.
Number of women in top roles rises slower than number of women in company boards
A paper by NCAER economists Ratna Sahay, Navya Srivastava, and Mahima Vasishth has documented these findings while highlighting the progress and shortcomings in gender diversity since the April 2015 mandate, the report said. This paper will be presented at the India Policy Forum.
Diversity initiatives are bringing more women to certain roles: Survey
Indian companies are prioritizing diversity, equity, inclusion, and belonging (DEIB) initiatives, with varying levels of women's representation across roles highlighted in a Manpower Group survey. Administrative and operational roles show higher female presence, while top-level management and STEM roles exhibit lower representation. Key findings emphasize the importance of trust, relationship building, and technology-driven solutions like AI for unbiased recruitment.
IPO rush amid market rally boosts demand for independent directors
Amid IPO frenzy, companies race to appoint independent directors with specific skill sets crucial for growth. Women lead key committees, while former bureaucrats remain sought after. The process overlooks competencies, favoring recommendations from bankers and auditors. Specialized firms aid in identifying professionals for board roles, ensuring compliance with listing regulations.
'We hire more women because they are more disciplined', says Ola founder Bhavish Aggarwal on Foxconn controversy
Ola's founder Bhavish Aggarwal reaffirmed the company's commitment to employing women, including married women, amid reports of Foxconn's discriminatory practices. Ola's FutureFactory in Tamil Nadu employs an all-women workforce, with plans to extend this model to its new Gigafactory. Aggarwal emphasized that women are disciplined and dexterous, and Ola aims to address the low representation of women in the workforce by hiring at all levels, including senior management.
MSME Day 2024: Participation of women in MSMEs increases but challenges remain
MSME Day 2024: While the role of women has increased significantly in India’s MSME set-up, certain challenges remain which need to be soon addressed. Notably, the women-led MSMEs play a critical role in this set up. They contribute significantly to employment and investment.
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DGCA issues circular on gender equality to raise share of women workforce to 25% by 2025
The circular, according to the official, is in line with the principle of gender equality enshrined in the Indian Constitution and International Civil Aviation Organisation (ICAO) vision to promote equal opportunities to achieve gender equality in aviation. The circular lists various steps that can be taken by the stakeholders to improve their policies and practices to address the issues of gender equality at the workplace.
DGCA issues advisory on gender equality, aims to increase women representation in India's aviation sector by 25%
India's aviation regulator, Directorate General of Civil Aviation (DGCA), issued an advisory circular on Wednesday focusing on gender equality within the aviation sector. The circular, titled “Gender Equality in Civil Aviation Sector,” aligns with India's Constitution and ICAO’s vision for promoting equal opportunities in aviation.
India Inc makes a play for equality: L&T and Amazon lead the way with all-women teams in engineering and delivery
Engineering giant L&T has established an all-women team at Tata Steel's mining site in Odisha, handling large machinery repairs, inspired by a successful pilot. Amazon, which initiated all-women virtual customer service in 2020, now operates nine all-women delivery stations in various locations. Companies like Shell, KFC, and Dr. Reddy's are also creating all-women teams in various sectors, boosting productivity, reducing attrition, and attracting female talent. These initiatives aim to address the gender gap and promote inclusive practices across industries.
Women find their feet in India’s space sector
Saraniya Periaswamy and Umamaheswari K played instrumental roles in the successful debut of the world’s first rocket equipped with a 3D-printed engine by Agnikul Cosmos from Sriharikota. They oversaw the project from inception to launch, highlighting women's growing contributions to India's space sector. Agnikul aborted the mission four times in the past few months before witnessing success on May 30.
Study finds Mediterranean diet is linked to lower mortality risk in women
A recent study suggests that women adhering to the Mediterranean diet have a 23% lower risk of premature death. This largely plant-based diet, rich in nuts, fruits, vegetables, and olive oil, reduces cholesterol, obesity, and insulin resistance, lowering the risk of metabolic disorders like diabetes and heart disease. The research, published in The Journal of the American Medical Association, followed over 25,000 US women for up to 25 years, highlighting the diet's potential in promoting longevity and reducing mortality, including cancer-related deaths.
Initiatives on track to increase women’s participation across levels, say 54% Indian employers – much above global average of 46%
Internal leadership development programmes, followed by flexible working policies, most effective in helping retain and secure diverse talent, finds ManpowerGroup Diversity Outlook Survey
BJP alleges AAP's Balkar Singh engaged in inappropriate sexual conduct with woman seeking job; NCW calls for urgent probe
The National Commission for Women (NCW) expresses concern over allegations against Punjab MLA Balkar Singh of inappropriate sexual conduct, brought to light by BJP leader Tajinder Pal Singh Bagga. Singh, a member of AAP, allegedly engaged in misconduct during a video call with a woman seeking employment.
Julianne Moore is extremely excited over more representation for women in films
However, the actress pointed that it is still far from "gender parity".
India Inc embraces gender-neutral parental leave policies for inclusive work environment
India Inc revamps parental leave policies to support changing family structures and foster inclusion. Companies like Colgate-Palmolive and Hindustan Unilever introduce gender-neutral initiatives. Volvo Group and Standard Chartered enhance parental leave programs. Expert Mansee Singhal emphasizes economic benefits for organizations.
Padmaavat ke director-saab, a good dose of secular feminism this time?
With Heeramandi, Sanjay Leela Bhansali has joined the Hindi cinema patriotism game, only to refute it – hurrah! But coming from a filmmaker who has depicted crude clichés before, it seems too scripted – boo!
Sandeshkhali Case: Why should state come in as petitioner for protecting interest of private individuals, asks SC
The Supreme Court in India has questioned why the West Bengal government has come in as a petitioner to protect the interests of private individuals in the Sandeshkhali matter. The court was hearing the state government's plea challenging the Calcutta High Court's April 10 order, which directed a CBI investigation into allegations of crimes against women and land grabbing in Sandeshkhali. The state government has argued that the high court's order demoralised the state machinery, including the police force, and usurped the powers of the state police to investigate any cognisable offence in the area.
CBI team visits Sandeshkhali to probe alleged crimes against women, land-grabbing
The Calcutta High Court last week ordered a CBI investigation into allegations of crimes against women and land-grabbing in Sandeshkhali, which had witnessed protests over the issues. The court directed the CBI to investigate the allegations and submit a comprehensive report to it.
More and more Indian companies focus on enhancing women's professional development
As companies try to deal with changing technology and talent scenarios, they are making it a point to prioritise investments in leadership development and foster diversity and inclusion to drive resilience and innovation.
Unleashing potential, embracing diversity: A symphony of women's voices
The ET Women Conclave 2024 gathered women leaders to discuss pressing issues, celebrate achievements, and promote leadership roles across industries. The event featured insightful sessions on work-life balance, gender-neutral leadership, and women's empowerment in various fields.
Women as business leaders: India Inc moved little in five years, finds study
The male-to-female ratio in leadership roles at Indian companies remains unchanged, indicating a lack of gender equality. Sectors like technology, information & media, real estate, transportation and logistics have seen a downward trend in women in leadership roles, while industries like construction, oil, gas & mining, and utilities have seen more women in such positions.
ETPWLA 2024: The inaugural summit resonates with the ‘Include, Invest, Inspire’ theme for fostering funding, mentorship, and advocacy for women in leadership roles
Here are the key takeaways from the ETPrime Women Leadership Awards (ETPWLA) 2024 virtual launch summit, streamed LIVE on EconomicTimes.com from 11:00 am on March 7, 2024, where industry experts, trailblazing women leaders, and exceptional role models for women joined conversations addressing structural barriers, ingrained biases, and a lack of funding, mentoring, and trust in women’s capabilities to analyse diversity and inclusion ground up.
India Inc, here's a case for making room for women
A study published in Harvard Business Review in 2006 had recommended three or more women directors to drive change. According to researchers Alison M Konrad and Vicki W Kramer, solo women on boards feel isolated and marginalised. Adding a second helps reduce isolation but the two may be perceived as a separate group and could find they have to be careful not to appear to be conspiring. A clear shift occurs when boards have three or more women. At that critical mass, women tend to be regarded by other members not as 'female directors' but simply as fellow directors.
ETPWLA 2024: The foremost women leadership awards to put DEI front and centre
Ahead of International Women’s Day, the ET Prime Women Leadership Awards 2024 (ETPWLA 2024) virtual launch summit, to be held on March 7, 2024, will spotlight the most pertinent issues, challenges, and insights related to advancing diversity, equity, and inclusion in the workplace and the larger economy.
Women in top management feel overlooked by 'Old Boys' Club'
Despite shattering the glass ceiling, women professionals in India face challenges in breaking into 'old boys' networks' in corporate boards. Biases and the masculine culture hinder women's progress. To achieve gender equality, promoting diversity, inclusion, and addressing biases are crucial. Work-life balance, women representation in leadership roles, and gender inclusion initiatives are essential for creating inclusive and equal corporate environments.
Women still lonely at the top in Indian boardrooms
The situation is worse in the case of the Indian IT industry, with none of the 54 companies in the NSE-1000 index having a female CEO. Market leader TCS, which employs more than 200,000 women (constituting over a third of its workforce), has no women in its key managerial personnel (KMPs), as per its annual report. In fact, among the top 5 IT companies, only Wipro has a woman in a KMP role - it appointed Aparna Iyer as CFO in September last year.
West Bengal Women's Commission team visits Sandeshkhali, speaks to protesting women
A team from the West Bengal Women's Commission visited Sandeshkhali in North 24 Parganas district, where women have alleged sexual harassment by absconding TMC leader Shajahan Sheikh and his supporters. Commission chairperson Leena Gangopadhyay spoke to the women and is cross-checking their allegations.
Tanay Kediyal appointed as Managing Director of Allstate India
Allstate India is dedicated to fostering profitable and transformative growth through integrating global capabilities.
Just one in 10 executive directors is a woman: Study
Indian corporations are struggling to attract more women to executive director roles, with only 10% of the top 200 listed companies having female executive directors. This is despite efforts to strengthen diversity at leadership levels by Indian corporations. The higher proportion of women as independent directors is 27%, primarily due to the regulatory mandate of at least one independent woman director on a listed board.
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