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Only 4% of exec directors at Nifty 50 are women, and across NSE-listed cos that figure drops to 3%; enabling policies needed to empower them. There is a persistent and high level of unconscious bias as well. Allyship is key. “Boys clubs still operate that many times do not give women the right kind of projects (that can advance them in their career) thus demotivating many women who see their juniors becoming senior and moving ahead,” said Girotra.

At a time when major Indian companies are driving gender diversity as being good for business, the numbers show a yawning gap across corporate India, with the presence of women leaders at an abysmally low level in the C-suite.

Despite the global challenges of high interest rates and geopolitical uncertainties, the economy remains resilient, buoyed by rising domestic demand and sectoral recovery. The outlook for H2 FY2023 and FY2024 looks positive, suggesting a resurgence in deals as market valuations stabilise. The financial health of the Indian companies is underscored by data from S&P Global Ratings, which projects a remarkable 50% increase in EBITDA by FY2024, while debt levels remain stable. This reflects a positive outlook for the corporate sector, demonstrating the strength of India's economy in the face o...

Isha, director of Reliance Retail Ventures, is credited with scaling Reliance Retail into the biggest retailer in India by revenue and store network

A.M. Naik gets lifetime achievement award for unwavering leadership and transforming L&T into an engineering behemoth