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#GTAtIndustry Alumni Newsletter Vol 2
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May 2022
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Grant Thornton Bharat is delighted to present the second edition of its Alumni newsletter. In this edition, we bring you glimpses from our in-person India Partners Conference in Delhi and our virtual meet #GTInfinity that brought together the entire firm to explore limitless possibilities that surround us. The newsletter also features how we celebrated this year’s Women’s Day theme #BreakTheBias, our latest reports and publications and how we are going beyond in our journey to shape a Vibrant Bharat.
If you are in touch with fellow GT Alumni, please share this newsletter with them and encourage them to join our community. We would like connect with each of you who have been a part of the #GTFamily and nurture the relationship going forward.
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CEO Speaks
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“In this dynamic business environment, where challenges and opportunities are at every corner, organisations must adopt a balanced and holistic approach. We are one of the few firms in India that have the necessary depth of capabilities, and our internal structures help seamlessly integrate the expertise of our people with the requirements of our clients. We work ceaselessly on ensuring our skills and competencies are always amongst the best on offer. At Grant Thornton Bharat, we are proud of our ability to offer pertinent sector-specific solutions.
#PeopleOverProfit is the foundation of our business. Whenever we take a new step, the first question we ask ourselves is, how does it impact our people. This has enabled us to ensure that all our policies empower our people ” – Vishesh C. Chandiok, CEO, Grant Thornton Bharat
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#GTBharat Alumni Portal
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We are launching an exclusive #GTBharat Alumni Connect Portal which will enable you to connect and network with fellow alumni. Watch this space for more details!
Until then, if you are in touch with fellow GT Alumni, please share this newsletter with them and encourage them to join our LinkedIn community.
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International Women’s Day 2022
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International Women’s Day (IWD) on 8 March celebrates the achievements and rights of women worldwide. The day marks a call to action for moving towards gender diversity and equality across all spheres. We celebrated the day with an engaging theatre-based learning on the IWD theme of #BreakTheBias along with a series of pre-engagement activities to keep the sprits high.
Together we can forge a diverse and inclusive world and collectively empower each other to grow and go beyond any bias. Taking a step in the right direction, we celebrated the day by remembering the countless women who have made a difference and learning how we can contribute to building a more equal world.
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Update: Growth has a new address
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Grant Thornton Bharat has opened doors to new office spaces in two major tier one cities of India. We have inaugurated our new offices in Hyderabad at HiTec city and in Gandhi Nagar, the gift city at Ahmedabad.
As we extend our footprints and pave the way for new beginnings, we look forward to host you and deliver a distinctive Grant Thornton Bharat Experience at our new offices.
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GT in focus
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We are proud and delighted to announce that our Firm bagged the Transaction Services Firm of the Year award and Cross- Border Deal of the Year award at the 12th and 13th editions of the Annual M&A Atlas Awards hosted virtually by the Global M&A Network
In recognition of our Firm’s work in due diligence and investment banking we have been awarded the Transactions Services Firm of the Year (Middle Markets). The Cross- Border Deal of the Year award (Small Markets) was presented to our Firm for our outstanding work as due diligence advisors. It is truly commendable to receive such recognition on a global platform.
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Our Firm also bagged the Sustainability Award at the Go Beyond Awards 2021! The award strongly emphasised our response to the COVID-19 crisis, formation of the Covid Response Task Force and the way the #GTBharat family supported each other during challenging times.
Our digital team led by Kalpana B. won the Sustainability Award for their blockchain-based supply chain traceability platform: Forest To Fashion. They were recognised for their path-breaking innovation in the textile industry which helps connect the entire chain of producers, entities, brands and related parties to provide complete visibility of the material flow across the textile industry supply chain.
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Publications & Webinars
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Equity Linked Incentives
We have come out with a report on equity-linked incentives and how employee stock option plans (ESOPs) are leading the way in India. The report has in-depth research of 700 listed companies across sectors over five years. It aims to provide insights to business leaders in adopting a suitable long term incentive instrument for their critical talent.
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Role of Foreign Banks in Shaping a Vibrant Bharat
Our report on the role of foreign banks in shaping a Vibrant Bharat details the contribution of foreign banks in strengthening the Indian economy and how an enabling environment can be help foreign banks in contributing more meaningfully towards shaping a better India. The report suggests some interventions and recommendations that might better the ease of doing business in India by these foreign banks.
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Women in Business
With more women in senior management positions, along with a higher diversity on board, businesses are exploring new opportunities for growth. According to our latest survey, mid-market companies are opting for diversity and inclusion as a top-to-bottom business strategy, with women in the CEO/MD roles growing to 55% in 2022 from 7% in 2017.
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Annual Deal Tracker
Grant Thornton Bharat released the 17th annual edition of the Dealtracker, our pioneering publication on the mergers and acquisitions (M&A) and private equity (PE) d eals in India. This edition provides deal insights for 2021, the year gone by
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Development Positive
With our work in agri-business, MSMEs, start-ups and infrastructure, as well as in other fields, we released the Development Positive, a newsletter that captures our interventions across sectors that directly impact the lives of the citizens.
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About Grant Thornton Bharat
“Grant Thornton Bharat” means Grant Thornton Advisory Private Limited, the sole member firm of Grant Thornton International Limited (UK) in India, and those legal entities which are its related parties as defined by the Companies Act, 2013, including Grant Thornton Bharat LLP.
Grant Thornton Bharat LLP, formerly Grant Thornton India LLP, is registered with limited liability with identity number AAA-7677 and has its registered office at L-41 Connaught Circus, New Delhi, 110001.
References to Grant Thornton are to Grant Thornton International Ltd. (Grant Thornton International) or its member firms. Grant Thornton International and the member firms are not a worldwide partnership. Services are delivered independently by the member firms.
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