Tag: L&T

  • Green carpet call as BT spotlights India’s most sustainable companies

    Green carpet call as BT spotlights India’s most sustainable companies

    MUMBAI: India Inc’s ESG stars are set to walk the green carpet. Business Today Multiverse is rolling out a new kind of red carpet green, actually as it launches the inaugural edition of BT India’s Most Sustainable Companies – Summit & Awards 2025. Slated for 6 June in New Delhi, the event puts the spotlight on the companies walking the talk on ESG, sustainability and responsible business.

    With the theme ‘Charting India Inc’s Sustainable Future’, the event promises not just trophies, but timely conversations and action plans. Union minister Bhupender Yadav will headline the summit with a special keynote on India’s environmental strategy, setting the tone for a day packed with powerful dialogue.

    The awards are backed by a rigorous methodology, led by Careedge ESG Ratings, which evaluated 1,000 listed companies across 11 impact-heavy sectors using publicly available data. The final winners were selected by an expert jury chaired by former SBI chairman Rajnish Kumar.

    The speaker list reads like a who’s who of India’s sustainability and policy ecosystem. From Pepsico’s Yashika Singh and Zomato’s Anjalli Kumar to JSW’s Prabodha Acharya, Mahindra’s Abanti Sankaranarayanan, and SEBI’s Pramod Rao, leaders from corporates, think tanks, and regulatory bodies will tackle how sustainability can shift from boardroom buzzword to operational backbone.

    Panel discussions will feature experts like ORF’s Nilanjan Ghosh, CEEW’s Vaibhav Chaturvedi, Avaana’s Anjali Bansal and Swapna Gupta, ISA’s Joshua Wycliffe, Diageo’s Ashish Parikh, and legal minds like Meyyappan Nagappan (Trilegal) and Amit Kapur (JSA), offering multidisciplinary takes on climate strategy, regulation, investment, and innovation.

    Supporting the summit are sustainability stalwarts: L&T (Green Partner), Pepsico (Sustainable Progress Partner), Diageo (CPG Sustainability Partner), along with KREDL and RVNL as associate partners.

    The evening will culminate in the BT India’s Most Sustainable Companies Awards and the unveiling of a special Business Today edition centred on the campaign: ‘Sustainability is no longer an option, it is the only way forward.’

    For India Inc, the message is clear going green isn’t just good optics. It’s the only playbook that matters now.

  • In defence of L&T chairman SN  Subrahmanyan

    In defence of L&T chairman SN Subrahmanyan

    MUMBAI: Larsen & Toubro chairman SN Subrahmanyan  who expressed support for 90 hour workweeks for company employees, adding “how long can you stare at your wife?”  has  kicked up a storm. In fact, many would call it a violent typhoon.

    A simple statement like that has become fodder for debates on television which newsrooms, for want of better topics or developments to discuss,  have latched onto. As have so-called social media and celebrity influencers who know that what Subrahmanyan said can attract many more followers to their handles if they take a stand against him. Especially from the younger lot who can be influenced. Stand-up comics  have found his statement perfect to go witty or punny about. Of course, every one can crack up as Subrahmanyan has become every Tom, Dick , Harry, Larry, Jane, Cynthia, and  Joyce’s favourite  whipping boy.

    Respected industrialists like Harsh Goenka and Anand Mahindra have found a lot of fault with what Subrahmanyan  has advocated. They have been pretty vocal about it. But both inherited large corporations. Yes, they have grown them larger. But they did not have to do the grunt work that  Keshub Madhindra and Ramnath Goenka put in. The long hours, the hard toil. (I have no intention of hurting their sentiments. I am sure both Harsh and Anand worked hard too. However, the labour, the pain that an entrepreneur goes through when he’s starting up and growing  his enterprise is different.)

    Subrahmanyan  said what he did as an engineer, and as an excellent leader, what he does to excel. Students at the IITs and other engineering institutes slog their butts off .to get their degrees. That’s probably where Subrahmanyan got his work ethic from.  He works seven days a week – or may be eight, if it was possible to have those many in a week. That’s what’s made L&T a GOAT  in what it does, develop infrastructure and construct anything that’s challenging.  That ability has not come by chance, L&T folks work really hard.

    As do scientists. As do researchers. As do inventors. As do seriously-driven journalists  – online or TV –  who have a mission. As do zillions of GenZ  geeks and nerds or ingenious youth at startups who want to build their enterprises. In the Valley. In Bengaluru. In Hyderabad. 

    As do producers, writers  and online  video editors working in the movies or on television.

    These folks are so  deeply absorbed in the problem they want to solve, or the solution they want to get to, or the product they want to deliver – that time is of no consequence. They are driven. They are passionate. They take ownership of what they do. They are fortunate they love what they do. It is not a nine to five job that they are in.

    BTW, how many of you have family members who are gamers? 

    Do they have a schedule? 

     I rest my case. 

    They love what they do, and many have made millions of dollars out of being professional gamers. Yes, they live in their cocoons and are sometimes maladjusted  to  the so-called fake society. Where superficiality is the norm. 

    Hey, also what Subrahmanyan  said is nothing new.

    Do you remember what  the poet Henry Wadsworth Longfellow had penned almost a  century or so ago : 
    “The heights by great men reached and kept were not attained by sudden flight, but they while their companions slept, were toiling upward in the night.”

    Of course, he did not say that one needs to work seven days in so many  plain words.  But implied in that verse is the clarity that man or woman does not achieve greatness until she or he put their all into what they want to achieve.

    Do I work 90 hours a week? Well, heck I do. When the need arrives, I sleep four to five hours every night. And for months on an end.  Has that harmed or helped me? I love what I do so it does not seem like work at all. So, I guess it only helps me. 

    Lampoon me if you like. Troll me if you must. But I give my thumbs up to Subrahmanyan. 

    Just a little note of caution to  Subrahmanyan:  you could have gone a bit  easy when you spoke about “staring at the wife. “

    There’s a phrase that I keep in mind: “Hell hath no fury like a woman scorned.”

    I won’t ask Subrahmanyan how his spouse  reacted  when he got home that night of the conversation when he referred to “staring at the  wife.” 

    If they are a well-adjusted couple, who understand each other, probably there was no reaction or maybe a laugh from the wife as she gave it back to him playfully. 

    If their relationship is not sorted – like many an Indian marriage is not  (it’s a hollow marriage where the husband sleeps in a room and the wife in another and they quarrel all the time or give each other the cold shoulder) then he would have got hell.  And he might well still be getting it.

     I would like to believe that his  is the first type of marriage mentioned above. After all he is an engineer, and engineers calculate everything they do.

    Both he and his wife are probably having a sound sleep while a large part of corporate India, employees and the media rage  about the  “ninety hour work week” and about “not staring at the wife.”

  • Interface Communications give a new identity to BMA

    Interface Communications give a new identity to BMA

    MUMBAI: Interface Communications has designed a new logo for the Bombay Management Association (BMA).

     

    The all-new identity reflects the changes that are sweeping management thinking. The new logo is a vibrant expression of contemporary management thought and has been conceptualised to support the new brand experience that the association aims to provide.

     

    Commenting on the design, Interface Communications NCD Robby Mathew said, “Every element in the logo has a story to tell. For example, the lower case used in the logo brings alive a more open culture that typifies today’s management thinking and one that welcomes participation from the younger generation.”

     

    The new logo celebrates a more collaborative culture that is today’s mantra. The letter ‘m’ in the logo also graphically captures this collaboration and the coming together of two management professionals. Different colours cue the different areas of learning, knowledge-sharing and enhancing managerial competencies that bma promotes.

     

    Commenting on the new logo, L&T BMA president and senior vice president (corporate human resources) Yogi Sriram said, “Lord Tennyson wrote ‘the old order changeth yielding place to the new…’. Bombay or Mumbai has seen dramatic changes in its corporate landscape. The pulse beat of business in modern India can be felt most significantly in Mumbai. The pulse is epitomized by youth, color, vibrancy and energy and is ensconced in the new logo of BMA that represents this story of change and robust enthusiasm”

     

    On the same lines, BMA VP and Asterii Analytics executive director Niteen Bhagwat said, “This design is a bold step and is a dramatic departure from the past in design and expression, without losing out on the core values of BMA which remain unchanged”.

     

    The old logo of BMA symbolised management thinking that was prevalent 60 years ago. A person standing on the podium with all initials in capital letters represented a very different style of management, a top down management approach and the authority that management was supposed to exude.

  • L&T consolidates digital mandate with DDB MudraMax

    MUMBAI: After getting the Rs 1 billion media account of Larsen & Toubro last year, DDB MudraMax has pocketed the company‘s full service digital mandate.

    DDB MudraMax will handle SEM (search engine marketing), SEO (search engine optimisation), web design, online planning, buying and creative for the brand.

    The agency already handled the digital media planning and buying duties for L&T and now has been entrusted with the entire range of digital duties.

    The experience and engagement network arm of DDB Mudra Group runs 36 offices in India. It enables clients to interact at a single point to reach consumers through a complete spectrum of specialist touch points such as TV, print, radio, digital, out-of-home, retail, activation, events, bottom of the pyramid, sports, music, youth and entertainment.

    DDB MudraMax‘s clients include Pepsi, Gillette, Volkswagen, Reebok, Aircel, ITC, Birla Sun Life, Titan, Castrol, Uninor, Star, Colgate, Standard Chartered Bank, Tata, Hindustan Times, Asian Paints, Yamaha, Kotak, Hewlett Packard, Fosters, Ashok Leyland, Western Union, Jyothy Laboratories – Henkel, LIC, World Gold Council, BPCL, TTK Prestige, Wipro Consumer Care, Amway and ACC.