Earlier this month, a state labour department team visited Apple iPhone assembler Foxconn's Sriperumbudur, Tamil Nadu plant after the Union government reportedly drew attention to discriminatory hiring practices there. The provocation was a Reuters investigation that alleged that, over 2023 and 2024, Foxconn declined to hire married women for its main iPhone plant. Expectedly, the company denied such practices; its HR executives told labour department officials that 8 per cent of the company's employees are married women, though it did not give a break-up specifically for the iPhone facility (the company also makes Pixel smartphones for Google). It added that 25 per cent of women hired in the latest intake were married women.
Earlier this week, the Supreme Court declined to issue a directive making it mandatory for governments to offer its women employees menstrual leave. Though, irritatingly, the Bench deciding an issue concerning women's health was headed by a man, the Chief Justice of India DY Chandrachud, the court validly pointed to the counter-productive consequences of this policy, including dissuading companies from hiring women.
Both issues point to the practical problems associated with hiring women that corporate managements regularly face but are rarely openly discussed in the discourse on women in the workplace.
Denne historien er fra July 11, 2024-utgaven av Business Standard.
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Denne historien er fra July 11, 2024-utgaven av Business Standard.
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Avoid partial payout: Buy health cover with fewer sub-limits
At a recent Confederation of Indian Industry (CII) summit, Satyajit Tripathi, member (distribution), Insurance Regulatory and Development Authority of India (Irdai), highlighted that grievances in general insurance, especially health insurance, mainly revolve around claim payments.
'Largecaps appear reasonably valued'
Investors entering equities should come in with a long-term horizon to ensure short-term fluctuations amid high valuations do not derail the wealth generation, says DEEPAK SHENOY, chief executive officer and founder of Capitalmind.
Sustained FPI activity lifts Sensex, Nifty
Equity benchmark index Sensex rebounded nearly 100 points to hit a lifetime closing high on Monday and Nifty scaled an intraday record level, propelled by bargain hunting in energy, utility and banking stocks amid sustained foreign fund inflows.
Investors may book partial profit: Brokerages
Analysts on Monday attributed the blockbuster debut of Bajaj Housing Finance Ltd (BHFL) on the bourses to its strong fundamentals and the brand 'Bajaj', and said it could emerge as a long-term wealth creator.
Interest, trust of investors humbling: Sanjiv Bajaj
Sanjiv Bajaj, chairman and managing director of Bajaj Finserv, on Monday said he expected 12-15 per cent credit growth in the housing finance industry, amid the strong tailwinds in the economy.
Trent may replace Bajaj Finserv in Sensexrejig in December
Bajaj Housing Finance Ltd's impressive stock market debut has brought cheer to the 100year-old Bajaj Group, but the conglomerate faces the prospect of Bajaj Finserv being removed from the benchmark Sensex index.
Sebi withdraws earlier statement on staff unrest
The Securities and Exchange Board of India (Sebi) on Monday said it was amicably addressing the concerns of its protesting employees on \"internal\" matters, as it withdrew an earlier press release that claimed that its staff's complaints were influenced by external elements.
The clash of 'will'power: The jury is still out
Following courtroom drama, experts analyse which one will dominate legal proceedings
FIRST LINE OF DEFENCE
Why New Delhi is underlining the role of border villages as custodians of India's frontiers
A fine balance
Markets in agriculture must be allowed to function