In the last five years, women’s representation has increased at all levels, the report found. Women hold nearly 50% of all entry level jobs and around a quarter of C-suite roles, each up a few percentage points from 2016.
“Our concerns are the impact of pandemic burnout on women long-term, and what companies need to do in response,” said Rachel Thomas, co-founder and chief executive officer of Lean In.
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India reports 18,795 new COVID-19 cases, lowest in 201 days
‘Flipping’ by startups poses security threat, says SJM
Ashwani Mahajan, National Co-Convener of SJM – a wing of the Rashtriya Swayamsevak Sangh, says unicorns with over USD 1 billion valuation ‘flipping’ means avoiding Indian regulatory oversight and loss of revenue to the country.
”India has been proud of its startups creating immense value and adding to the GDP of the country. But our happiness remains short-lived when we find that they have not remained Indian any more. Most of these high ticket startups have flipped away and are no longer Indian companies in essence,” he told PTI.
Flipping means a transaction where an Indian company incorporates a firm in a foreign jurisdiction, which is then made the holding company of the subsidiary in India. The most favourable foreign jurisdictions for Indian companies are Singapore, the United States and the United Kingdom.
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