Weekly Roundup (March 3-8): News you cannot miss
This week was marked with several appointments at both the national as well as the international levels. A major landmark for Indian executives was the trend of global auto giants hiring senior executives of Indian origin for their top positions. Many global auto companies such as Volvo, Ford, Nissan, and Toyota have appointed Indian executives for many of its senior leadership positions, thereby creating a very noticeable trend.
This week, marked by the Women’s week, saw companies showing more commitment and focus on improving their diversity numbers by inducting more women at all levels of the workforce. Nishi Vasudeva as appointed as the first-ever woman chief at the state-owned Hindustan Petroleum Corp Ltd. (HPCL).
Vodafone recently announced that is it committed to inducting more women into the workforce, by stating that more than half of its new recruits were women. The company also has more than 17 women regional directors and is looking for a woman for the 12-member board. A recent survey, however, shows that Indian employers are also unsure about hiring returning mothers. More than half of Indian companies show reluctance to hire mothers returning to the workforce.
B School hiring saw a lot of activity this week as the IIMs are in the process of inviting employers. HUL emerged as the hot employer this year for B School graduates. A new report, however, also stated that B School graduates prefer working in online commerce more, displacing the traditional hot employers in the consulting and FMCG sectors.