Larsen & Toubro Chairman faces backlash over 90-hour workweek remarks; Industry reacts

Larsen & Toubro’s chairman, SN Subrahmanyan, recently faced backlash after comments he made about wanting his employees to work 90 hours a week went viral. During an employee interaction, Subrahmanyan expressed regret over not being able to make employees work on Sundays, suggesting that working on weekends would lead to “extraordinary outcomes.”

His remarks, which included a controversial question about what employees do at home, sparked widespread criticism. In response, the company issued a statement clarifying that his comments were intended to highlight the importance of “extraordinary effort” for achieving remarkable results, and not to pressure employees into extended working hours.

Industry reacts

Rajiv bajaj Managing director of bajaj Auto said,” The 90 hour work week start from top. I can work while having my mornin teas while doing yoga. Number of work hours don’t matter quality matters.”

Also Read Fortis Healthcare appoints Leo Puri as Chairman of the Board ChatGPT down again: Second outage in a month raises concerns  Resilience or stress? South-Central Railway to cut workforce by 1,839 posts in FY 2024-25- Here’s all you need to know

Shantanu Deshpande, founder of Bombay shaving company, commented,”When you are 22 and new in your job, throw yourself into it. Eat well and stay fit, but put in the 18 hour day for at least 4-5 years.”

Cred founder, kunal shah said,”No big achievement can come with work life balance.”

Namita thappar said,”I think for founders and high stake holders who make tons of money go for it work.. 24 hours a day forever”

Actress Deepika Padukone wrote on Instagram ‘Shocking to see people in such senior positions make such statements’.

Bhavish Aggarwal, CEO of Ola cabs said,”Dont think work life balance is the right construct… weekends are a western concept”

L&T clarifies

“At L&T, nation-building is central to our mission. For over 80 years, we have played a key role in shaping India’s infrastructure, industries, and technological advancements. We believe this is India’s decade—an era that requires collective dedication and effort to drive progress and achieve our shared goal of becoming a developed nation,” the company stated.

Expanding on the chairman’s vision, an L&T spokesperson said, “The Chairman’s comments reflect a broader ambition, underscoring that extraordinary outcomes demand extraordinary effort.

 » Read More

Related Articles

FPIs’ incessant selling continues; withdraw Rs 7,300 crore from equities in a week

The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about 840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore

Co-working spaces boom in small towns

In December last year, Andhra Pradesh chief minister N Chandrababu Naidu, in a bid to boost employment opportunities for women, ordered state officials to facilitate development of co-working spaces and “neighbourhood working spaces”. By the end of 2025, Andhra Pradesh aims to set up 1,50,000 seats in co-working space centres in government and private buildings.

India most expensive market: Valuation guru Aswath Damodaran

By Ananya Grover The Indian stock market is the most expensive and no amount of “hand-waving” can justify the story of paying 31 times earnings, 3 times revenue and 20 times EBITDA, in the aggregate, for Indian companies, believes valuation guru Aswath Damodaran. The New York University finance professor, in a recent blog post,  noted

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

FPIs’ incessant selling continues; withdraw Rs 7,300 crore from equities in a week

The exodus of FPIs from the Indian equity markets continued unabated, as they withdrew over Rs 7,300 crore (about 840 million) in the first week of this month due to global trade tensions, with the US imposing tariffs on countries such as Canada, Mexico, and China. This came following an outflow of Rs 78,027 crore

Co-working spaces boom in small towns

In December last year, Andhra Pradesh chief minister N Chandrababu Naidu, in a bid to boost employment opportunities for women, ordered state officials to facilitate development of co-working spaces and “neighbourhood working spaces”. By the end of 2025, Andhra Pradesh aims to set up 1,50,000 seats in co-working space centres in government and private buildings.

India most expensive market: Valuation guru Aswath Damodaran

By Ananya Grover The Indian stock market is the most expensive and no amount of “hand-waving” can justify the story of paying 31 times earnings, 3 times revenue and 20 times EBITDA, in the aggregate, for Indian companies, believes valuation guru Aswath Damodaran. The New York University finance professor, in a recent blog post,  noted

Delhi HC quashes NFRA’s show-cause notices against IL&FS and DHFL auditors

In a setback to the National Financial Reporting Authority (NFRA), the Delhi High Court quashed 11 show-cause notices issued by the authority against the auditors of IL&FS and DHFL on technical grounds. The court ruled that NFRA did not act through properly constituted divisions as mandated under the Companies Act. ALSO READ‘Travel demand unabated despite

Upcoming IPOs next week: 2 mainboard and 4 SME IPOs open for subscription, 6 listings scheduled

The upcoming week (February 9-15) will see two mainboard IPOs and four SME IPOs opening for bidding. With a mix of mainboard and SME IPOs, the week is set to be action-packed, keeping investors busy with a variety of options. Additionally, six companies are set to debut on the stock exchanges. Here’s a look at