"We will be investing around USD 1 billion over the next five years," he said when asked about the proposed investment in these new ventures. On source of investment, he said the group will also rope in foreign investors in the proposed projects. The group is already constructing a commercial real estate project in Mumbai in partnership with a developer and now has plans to expand this business.
"We need to remain competitive and relevant in the emerging business landscape...and be sharp and smart in areas that are relatively new to us like Green Energy, Data Centres, EduTech, and SuFin," said Subrahmanyan, adding that these businesses will stretch L&T immediately but have an immense future and are to be pursued with vigor.
An analysis of 3,000 virtual job interviews revealed that 42% women and 33% men were asked personal questions that had potentially no connection or relevance to the role they were interviewed for.
Mangesh Ghogre joined Nomura to head the equity capital markets business in June 2016. Under his leadership, Nomura has emerged as a top IPO player having completed 27 IPOs. Few of the marquee deals include $2.7-billion LIC IPO, $1.4 bn SBI Card IPO, $750 million Sona Comstar IPO, $1.5 bn HDFC Life IPO, $1 bn Bajaj Finance QIP, $750 million SBI Life OFS, $500 million Blackstone block deal in Sona Comstar.
From rushing to hold on to the critical talent and devising ways to stem attrition in 2022, companies will focus on growing and building the talent pool in 2023 as they prepare for potential economic uncertainty and volatility, according to the findings of an ET-Aon survey on corporate India's people priorities and challenges for 2023.
Companies are issuing advisories to employees to follow all Covid-19 protocols, facilitating booster doses for their workforce, conducting temperature checks at random, importing components in advance and ensuring the continuation of contactless services, industry executives told ET.
This includes entire land and buildings, vehicle manufacturing plant along with machinery and equipment and transfer of all eligible employees of Ford’s vehicle manufacturing operations at Sanand, for a total consideration, exclusive of taxes, of Rs725.7 crore.
“R-Shield, our new 24x7 harassment prevention helpline, is aimed at taking our commitment to its next level and creating an empowered workplace free from any form of fear or biases,†RPG Group chief talent officer Supratik Bhattacharyya told ET. This helpline will be managed by an external team of legal experts and psychologists.
