Being the immediate week post International Women’s Day, this week began with news about women. Some expert views saying around 60% of women drop their careers in mid-managerial levels, while Vodafone ensured more than half its new hires are women. Soon, the week saw tiffs from the industrial workers in India and in China. While Coal India, proposed a strike early this week, demanding pay revision and immediate implementation of certain benefit schemes, it was evaded soon after the first day. Another strike at an IBM factory in southern China showcased how tectonic shifts under way in the country's labor market are emboldening workers to take matters into their own hands, raising risks for multinationals.
Skilling made a mark through IIM-B in collaboration with Toulouse Business School signing an agreement to launch India's first executive general management programme in aerospace and aviation management and IIM-C getting an AMBA accreditation. The Chartered Institute of Management Accountants(CIMA) and the American Institute of CPAs (AICPA) joined hands proposing a comprehensive framework to bring a different outlook to management accounting practices around the world and help organizations make smarter, faster decisions for the long-term amidst growing complexity and change.
A Manpower Group survey reported 41 per cent of the surveyed Indian employers are expected to add on to their staff levels in second-quarter of this calendar year, this week was also marked by various movements. Five of senior executives again quit Bharti Airtel. Infrastructure finance company IDFC appointed Avtar Monga as its Chief Operating Officer. Navas Meeran, Chairman of the Eastern Group of companies, was elected Chairman of the CII-Southern Region. HUL appointed PB Balaji as its new CFO. Rathin Basu was appointed as Country President of Alstom India & South Asia. Last but not the least, Rajesh Kamat was elevated as the COO at CA Media.