
Corporate India needs to have an unwavering commitment towards gender diversity
Corporate India has absorbed the benefits of gender diversity. More companies now have one woman on their boards, and several boards have more than one. Regulations, it appears, have rejuvenated the focus on gender diversity in boardrooms. Yet, progress is slow compared to global benchmarks. Having more women in the workforce and at leadership levels requires a focussed effort from corporate India. There is enough research that suggests that diversity and inclusion factors c


India Inc.’s CSR spends are increasingly project driven
Corporate Social Responsibility (CSR) spend by companies listed on BSE-100 witnessed an increase of 15 per cent to Rs. 85.4 bn in 2018-19 from Rs. 74.6 bn in 2017-18. Over a five-year period, the CSR Spend of BSE 100 companies increased 12.8% while net profits increased by 5.2%. While this can be explained by the fact that these 100 companies were in the aggregate spending less than 2% of profits on CSR five years ago, there is also no doubt that Indian companies are taking a