HCLTech has been recognized as the fastest-growing India-headquartered IT services brand among the Top 10 IT services companies globally, according to 2023 Brand Finance Global 500 and IT Services 25 report. According to the report, released at the World Economic Forum 2023 at Davos today, HCLTech’s brand value grew by 7% YoY to $6.537 billion.…
At this year’s World Economic Forum in Davos, Lenovo’s Hefei factory, LCFC, has been recognized as one of 18 additional sites added to the Forum’s Global Lighthouse Network of 132 leading manufacturers, each chosen for their leadership and integration of fourth Industrial revolution technologies (4IR). The Global Lighthouse Network is a community of production sites and value…
HCLTech, a global technology company, is joining governments, businesses and civil society from across the world at the World Economic Forum (WEF) 2023 in Davos to facilitate dialogue and collaboration for a sustainable planet and inclusive growth. HCLTech is proud of its long-standing strategic partnership with the WEF. The HCLTech Pavilion at WEF 2023 showcases…
Schneider Electric, a digital transformation of energy management and automation company, has been named as a Global Parity Alliance Diversity, Equity and Inclusion (DEI) Lighthouse for its Global Pay Equity (GPE) initiative, by the World Economic Forum’s (WEF) Centre for the New Economy and Society. This award recognizes Schneider Electric’s efforts to promote inclusion and…
Vilas S. Dhar, a technologist, human rights advocate, and President of the Patrick J. McGovern Foundation, was named a 2022 Young Global Leader (YGL) by the World Economic Forum. Dhar is being recognized as a visionary leader at the intersection of philanthropy, technology, and civil society, bringing a unique sense of humanity to an increasingly digital future, a statement…
SPUN by Welspun India Limited, has recently been named as one of the Top 100 Corporate-Ready Social Enterprises, in a list by World Economic Forum’s COVID Response Alliance for Social Entrepreneurs, the company said in its release. The recognition was won on the back of SPUN’s various community-centric initiatives, such as employing over 2,200 women…
Wipro Limited, a global information technology, consulting and business process services company, announced that it has joined the ‘Partnering for Racial Justice in Business initiative’ launched by the World Economic Forum to promote a culture of diversity, inclusion, equity and justice for people of all racial backgrounds in the workplace. The initiative is aimed towards…
Soft skills, also known as interpersonal or people skills, have become extremely valuable in the workplace in the 21st century. A World Economic Forum report states that “The top skills and skill groups which employers see as rising in prominence in the lead up to 2025 include groups such as critical thinking and analysis as…
New Development Bank (NDB), a multilateral development bank set up by the BRICS nations – Brazil, Russia, India, China and South Africa, announced that it has appointed Marcos Prado Troyjo as the President of the NDB, effective from July 7, 2020. Prior to his appointment as President of the NDB, Marcos Troyjo pursued a multi-layered…
HCL Technologies, a global technology company, has presented its Wave Maker Awards 2020, commemorating global goodwill champions from around the world. The award ceremony, which was held at the HCL Pavilion in Davos, celebrated organizations and individuals passionately committed to such noble causes as diversity & inclusion, education & community upliftment, environment & sustainability, and…
HCL Technologies, a global technology firm, has announced that its President & CEO, C. Vijayakumar has been named Chairman of the IT industry Governors community of the World Economic Forum. The announcement was made at the Forum’s Annual Meeting in Davos, Switzerland. The Forum’s IT Governors community convenes CEOs of the world’s top Information Technology…
Women have come a long way since the industrial revolution. From taking their husband’s and brother’s place in the workforce during the world war to becoming CEOs of big corporations, women have proved their worth at workplaces. But their inclusion in the workforce at desirable numbers as compared to men is still a far fetched dream. According to the latest World Economic Forum’s Global Gender Gap Report 2020, gender parity is still 99.5 years away.
The analysis presented in the Global Gender Gap Report 2020 is based on a methodology integrating the latest statistics from international organizations and a survey of executives.
The report highlights the gender differences in salaries, managerial position and education. The report states that “none of us will see gender parity in our lifetimes, nor likely will many of our children.”