Such businesses outperform non-family firms by 3% in first six months of CY20, says Credit Suisse report.
Consultancy major Deloitte Global said that women hold about 12 per cent of board seats worldwide while only 4 per cent of them are at the helm of boards
The government should take steps to mandate that companies have at least two women board members, and at least one of them should be an independent director, in the next two years.
An additional 68 million women could potentially enter the labour force over the coming decade.
Investment banking star and Moelis India Chief Executive Officer Manisha Girotra remembers a colleague who wanted to resign because she needed to attend to her parents' health issues in a different state. Rather than quit a promising career, she was given the flexibility of working from home on Fridays, which was unusual in the pre-pandemic days. This allowed her to take care of her parents' visits to the doctor and other health-related needs without quitting her job. She would be back in the city office on Mondays.
Microsoft, like many tech firms, is not a model of diversity.
The family's departure marks the end of an era after 43 years and 739 Grands Prix.
With scrutiny that comes with a public listing, Deepinder Goyal's leadership could face its sternest test yet.
Women leaders, succession planners and lawyers say doors in family businesses are opening but a stronger push is needed.
Nagpur-based Slum Soccer is transforming the lives of slum children with the help of football, writes Geetanjali Krishna.
Caught in the crossfire of Sino-India border skirmishes and strained by the severe impact of the pandemic on its business, Brand Hector is foregoing the bustle and frenzy for a quiet digital campaign that talks about its British roots, the smart tech powering its drive and its made-for-India models. The tone is subdued and the brand seems to be deliberately playing down its ownership by Chinese company, SAIC.
She said it is even more important in the changing dynamic world where the business environment also keeps on changing all the time.
Gender diversity is important to the success of companies,he said.
'It is inconceivable that there are no gays working in Indian corporations but obviously, the subject remains taboo enough in the workplace for those of alternate sexual orientation to feel safer remaining in the closet,' notes Kanika Datta.
Women have been and continue to be an integral part of Tata Global Beverages' business, across the world, says Cyrus Mistry.
The Top Chef star wrote a lengthy post about her childhood and her family's journey to the United States.
'As the world changes, we will be on a constant change programme too,' advertising agency J Walter Thompson Global Chief Executive Officer Tamara Ingram and South Asia CEO Tarun Rai tell Viveat Susan Pinto.
A mentor doesn't have to be someone more senior than you, but that isn't the case with a sponsor.
Sebi Chairman U K Sinha has often chastised listed companies for not having enough women on their boards.
A statue of a defiant little girl was placed in front of Wall Street's Charging Bull to challenge the 'traditionally male environment' of the industry, on International Women's Day.
United Spirits wants to align its resources to meet its goals of becoming a trusted and respected consumer goods company.
A new mobile app is allowing women to identify safe zones in a city with the help of crowd-sourced audits
IT giant TCS is believed to be undertaking a significant performance-related restructuring of its workforce, which may also lead to some employees being asked to leave the company.
Women dominate Indian banks's clerical and officer rolls, but few make it to the executive office these days, notes Tamal Bandyopadhyay.
All listed firms were required to have at least one woman director on their boards from April 1, 2015, as per a Sebi directive.
The company reported 13.5 per cent rise in revenue to Rs 23,816 crore (Rs 238.16 billion) in the second quarter.
Women of the family rush to become directors of firms to meet Sebi deadline.
Gender diversity at the top can improve financial returns.
'If you look at voice and data realisations in India, they are the lowest in the world.'
Over 900 listed firms yet to comply with new Sebi requirement due in less than 90 days
Maruti Suzuki, Asian Paints, L&T, ONGC and Infosys have gained between 1%-1.5%.
Trump's transition team spokesman Sean Spicer listed Haley as one of the candidates.
There is a large population standing outside the coverage of primary healthcare, says Praveen Gupta of Raheja QBE.
A 22 year old's social enterprise serves as a bridge between transgenders and companies that want to hire them
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The Companies Bill asked for promoting gender diversity by specifying induction of a minimum number of women directors
The Bombay Stock Exchange (BSE) has slapped fines on 530 listed companies for failing to meet a deadline to appoint a women director and boost gender diversity in their boardrooms.
In conversation with Walmart India president and CEO Krish Iyer.
Women from promoter families who have become directors since January this year include Sarala Birla (Century Textiles, Century Enka), Nawaz Gautam Singhania (Raymond Group), Bina Modi (Godfrey Phillips), Saroj Bhartia (Jindal Drilling & Industries) and Deepshikha Khaitan (Cera Sanitaryware).
'We ask all Americans to stand against homophobia as well as against Islamophobia.'
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