Equality fail

Woman hiring spree in India reaches deadline

NOAH SEELAM/AFP/Getty Images

Over the last two weeks of March, companies in India were scrambling to hire women to their corporate boards. A 2013 law mandated that every public company must have at least one woman director on its board by April 1, 2015. Well, the deadline hit and the numbers are in and it looks like 28 companies were unable to get the job done and hire at least one woman board director. The good news is that just a couple of weeks ago, some 451 companies still weren’t compliant. Still, many in India are unimpressed. “It is shameful that so many companies are not able to find competent women for their boards,” a representative for the Securities and Exchange Board of India said. “This attitude needs to be condemned.”

Read the full story at Bloomberg.

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