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The case of missing women in the boardroom

Many companies are likely to miss the April 1 deadline for putting women on their board of directors

Last week, Tata Consultancy Services, India's largest software services exporter, appointed Aarthi Subramanian, the company's global head of the delivery excellence group, as executive director on its board. This is in line with Securities and Exchange Board of India (Sebi) rule of having at least one woman director on the board of all listed companies by April 1. However, surveys around board composition indicate that close to one-third listed companies are likely to miss the deadline. In September 2014, Sebi had given a six-month extension to companies to comply with this ...