The High Court of Delhi has passed a restraining order restraining Wipro Biomed's longtime partner Beckman Coulter from luring away its employees. Beckman Coulter is said to be preparing the ground for an independent foray into the Indian market.
With an acute shortage of talent being faced in sectors like Life Sciences, Aviation, IT and BPO this would establish some kind of a benchmark in the Indian scenario where where there is still no clarity on the validity of non- compete agreements.
In industries like Aviation considerable investments are made in training the Pilots and in case such a non-compete clause is missing then as per Capt Gopinath, Air Deccan Managing Director, "one fine day you see key people not having reported for work, and there you have a grounded aircraft. We spend considerable amount of money on training our crew."
Source: Times of India
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