India’s ranking improves in gender diversity with 20% women in leadership positions, finds Grant Thornton report
While India still ranks fifth lowest in having women in leadership roles, the percentage of leadership roles held by women in India has increased as per Grant Thornton’s Women in business: Beyond policy to progress report. The report shows a steady growth in women in leadership positions from 17 per cent last year to 20 per cent in 2018. This stood at 14 per cent in 2014. Further, the report highlights that 30 per cent of the respondents in India said they have no women in leadership roles.
For private equity (PE) investments in India, the year 2017 was a milestone clocking USD 21 bn, the highest yearly value, across 735 transactions. According to the sixth edition of Grant Thornton’s The Fourth Wheel 2018 report, the year recorded a 54 per cent jump in values over 2016, despite a 24 per cent decline in volumes. This indicates significant jump in average deal sizes.
Grant Thornton FICCI survey says 45% developers have no formal process in place to manage compliance mechanism of RERA
As per the latest RERA survey by Grant Thornton in India and industry body, FICCI, 45 per cent of the real estate developers have no formal process in place to manage compliance mechanism of RERA and about 44 per cent have made some modifications to their MIS (Management Information System). The survey report also reveals that majority of the board/senior management (78 per cent) are using common methods like excel based MIS reporting to review RERA compliance.