By the six-month mark, Narasimhan had come up with a strategy to turn around Reckitt’s performance that has prioritized growth and investment in its health, nutrition and hygiene divisions while shedding noncore brands. Disposals included the Chinese division of infant formula maker Mead Johnson, an ill-fated top of the market $17 billion takeover by predecessor CEO Rakesh Kapoor that was more expensive than all of Reckitt’s previous deals combined.

Organisations such as Microsoft, KPMG, Goldman Sachs, Cimpress, Deloitte and InMobi are giving employees additional leave to attend to themselves, as needed for recharging and relaxing, to prevent burnout.

Associates who've worked with Narasimhan call out his core strengths in operations and finance, and his ability to connect across management and frontline teams as he joins the league of India-origin executives leading iconic global companies.

EDII Director General Sunil Shukla said the institute has been successfully offering entrepreneurship and skill development training to artisans, weavers, women startup founders and the unemployed, leading to sustainable livelihood options for them. He opined that rural entrepreneurship has the potential to power over 70 per cent of the Indian economy by imparting the right set of skills to the right set of people.

The Dun & Bradstreet Composite Business Optimism Index, a quarterly survey-based index designed to measure the pulse of the Indian business community across India stands at 69.9 for Q3. The index registered a fall of 27.6% as compared to Q2 2022. Five out of six optimism indices have registered a decline, as compared to Q2, it said.

Parameters like IT infrastructure, less traffic congestion and better quality of life make Pune the top city of choice for tech talent, while big IT companies moving their offices to Hyderabad and a cheaper cost of living allowed the city to claim the second position in cities preferred by tech professionals.

Scarcity of critical skills was observed as the biggest challenge for respondents. While 37% of respondents cited lacking skill certifications or new skills their jobs required as an obstacle to career growth, 18% cited a lack of soft skills like verbal and written communication, supervisory skills, and presentation.

In a letter to Sebi end July, the minority shareholders have written seeking the regulator to prevent “mis-governance, protect the rights of shareholders, and ensure the compliance of listing obligations and other SEBI regulations.”