Brands
Oberoi Realty recruits mall turnaround specialist from Nexus
MUMBAI: Tanu Prasad is returning to Oberoi Realty as chief executive officer for malls, nearly seven years after she left to join rival Nexus Select Trust. The appointment reunites Prasad with Oberoi Mall, the Mumbai shopping centre she is credited with turning around during her first stint at the developer.
“Oberoi Mall and Sky City Mall are synonymous with unmatched lifestyle experiences in Mumbai,” says Prasad. “I am excited about this new chapter as we elevate the offerings, strengthen our relationships with retailers and curate exciting customer experiences.”
The move is a win-win for Oberoi Realty. Prasad has earned a reputation as the industry’s “turnaround specialist” after rescuing struggling shopping centres across India. At Nexus, where she spent seven years rising to senior vice-president and head of leasing, she transformed a portfolio of seven Prestige malls in south India that were rebranded under the Nexus umbrella. She also oversaw Nexus Ahmedabad One.
Her nearly two decades in retail leasing have made her a specialist in brand mix strategy, market research, lease negotiation and real estate transactions. She holds a Level 2 certification in marketing and leasing from the International Council of Shopping Centres.
Prasad originally joined Oberoi Realty in November 2007 as deputy general manager for retail leasing, a role she held for more than a decade. She was promoted to general manager in April 2018 before departing for Nexus in August 2019. During her tenure, she was instrumental in zoning Oberoi Mall and upgrading the asset whilst balancing profitability for stakeholders and viability for tenants.
Before entering property, Prasad spent nearly two years at Craftsbridge India, where she managed corporate sales of products blending utility needs with Indian handicrafts for clients including Jet Airways and ICICI Lombard.
Brands
33 per cent of women believe the salary scale is rigged: Naukri report
Voices @ Work study finds rising calls for equal pay audits and lingering bias
MUMBAI: Progress may be visible in India’s workplaces, but many women still feel the need to tread carefully. A new report by Naukri reveals that one in two women hesitate to disclose marriage or maternity plans during job interviews, worried that such information could influence hiring decisions.
The findings come from the second edition of Naukri’s annual Voices @ Work International Women’s Day report, titled “What Women Professionals Want.” Drawing insights from more than 50,000 women across over 50 industries, the survey sheds light on evolving workplace aspirations alongside the biases that continue to hold women back.
One of the report’s most striking insights is the growing demand for equal pay audits. The share of women calling for regular pay parity checks has climbed to 27 per cent this year, up from 19 per cent a year ago. The demand now stands alongside menstrual leave as the most sought after workplace policy.
Interestingly, the call for pay transparency grows louder higher up the income ladder. Nearly half of women earning between Rs 50 lakh and Rs 1 crore annually say equal pay audits are a priority, suggesting that pay gaps become more visible as women move up the career ladder.
At the same time, confidence and ambition appear to be rising. About 83 per cent of women say they feel encouraged to pursue leadership roles, a significant jump from 66 per cent last year. Cities in southern India appear particularly supportive, with Hyderabad leading the way as 86 per cent of respondents there reported encouragement to step into leadership positions. The education sector recorded the highest sense of encouragement at 87 per cent.
Yet the report also highlights a growing trust deficit around pay equity. Nearly one in three women, or 33 per cent, say they do not believe men and women are paid equally at their workplace. That figure has risen from 25 per cent last year, pointing to widening perceptions of disparity as careers progress.
Bias in hiring and promotions continues to be the biggest hurdle. About 42 per cent of respondents say workplace bias is the main challenge for women from diverse backgrounds. The concern is consistent across major metros, with Chennai and Delhi NCR reporting similar levels.
Reluctance to discuss personal milestones during hiring processes is also widespread. While 34 per cent overall said they hesitate to share marriage or maternity plans in interviews, the anxiety increases with experience. Among professionals with 10 to 15 years of work experience, the figure rises to 40 per cent.
Info Edge group CMO Sumeet Singh, said the data reflects both progress and unfinished work. “Behind every data point in this report is a woman who is ambitious. The fact that 83 per cent feel encouraged to lead is something to celebrate. However, the fact that one in two still hide their marriage or maternity plans in interviews tells us the work is far from done. As India’s leading career platform, it felt not just important but necessary for us to shine a light on these gaps through the second edition of our report,” he said.
The report suggests that while ambition among women professionals is growing, structural changes around pay transparency, fair hiring and supportive policies will be key if workplaces hope to keep pace.
