Expansions, layoffs, funding, leadership moves, and policy shifts — with our take on what it means for hiring in India, today and over the next five years.
E-commerce platform Etsy has announced it is letting go of roughly 12% of its total workforce as part of a broader restructuring effort. The move signals a strategic pullback aimed at reducing costs and streamlining operations. This follows a broader trend of global tech and e-commerce companies rightsizing after pandemic-era over-hiring.
The Solar Energy Corporation of India is scouting for carbon dioxide suppliers to feed upcoming green urea and green methanol production facilities. These projects sit at the intersection of renewable energy and industrial chemicals, combining green hydrogen with captured CO₂. The move signals India is actively building the supply chain infrastructure for a domestic green chemicals industry.
The Reserve Bank of India's governor has indicated it is too early to finalise any decision on introducing merchant discount rates on UPI transactions, even as legislative groundwork appears to be underway. The government is reportedly moving to amend existing laws to permit such charges on select UPI payments, a shift that could alter the economics of India's dominant digital payments ecosystem. The central bank, meanwhile, continues to prioritise expanding UPI's reach across the country.
Financial regulators in India are considering bringing insurance surety bond exposures into a central credit database, currently overseen by the RBI's CRILC framework. The move aims to give banks and rating agencies a fuller picture of how much corporate debt is actually outstanding, including contingent liabilities that previously flew under the radar. Government departments have increasingly been accepting these bonds in place of traditional bank guarantees, making the regulatory gap more consequential.
India's telecom regulator has proposed quality-of-service guidelines specifically for 5G network slicing, requiring operators to treat each network slice as a separate tariff category and disclose the measured speeds tied to each. Operators are also now allowed to price 4G and 5G services differently. These rules are designed to protect consumers from service degradation as 5G networks scale up across the country.
Vodafone Idea's chairman has signalled that FY27 will be a pivotal year of operational execution for the company, following a period of financial stress and declining subscribers. The telecom firm is now planning to significantly ramp up network infrastructure investments to claw back competitiveness against Jio and Airtel. This shift from survival mode to active expansion marks a meaningful change in the company's strategic direction.
Bharti Airtel is aggressively scaling up its infrastructure, targeting a one-gigawatt data centre capacity while extending its fibre network across major Indian cities. The telecom giant is also leaning into financial services and AI integration as twin pillars of its next growth chapter. These moves signal a significant capital commitment to digital infrastructure within India.
Eicher Motors has taken on lease close to 400,000 sq ft of industrial space in Sriperumbudur, Tamil Nadu, signalling a significant scale-up of Royal Enfield's production capabilities. The company is also setting up an additional plant in Andhra Pradesh, a move aimed at substantially increasing its annual motorcycle output. Together, these investments reinforce South India's position as a critical corridor for automotive manufacturing.
Bhartiya Hospitality and the Oberoi Group have announced a joint venture to develop twenty ultra-premium resorts across domestic and international locations. Early Indian destinations in the pipeline include Coorg, Kabini, and Hampi. The Oberoi Group will handle operations, with a focus on drawing guests into extended-stay experiences.
New disclosures reveal that the bulk of Microsoft's artificial intelligence revenue is tied to its partnership with OpenAI rather than being generated through its own independently built AI products. This signals that Microsoft's AI commercial success is deeply dependent on a single partner relationship. The revelation raises broader questions about how hyperscalers are building — or not building — their AI capabilities in-house.
India's Competition Commission has given the green light to a merger bringing together several hospitality entities under a joint venture between the Bhatia Group — parent of IndiGo airline — and French hospitality major Accor. The deal consolidates multiple hotel management and development companies into a unified alliance. This regulatory approval marks a significant step toward creating a larger, more integrated hospitality player in India.
Berger Paints India posted a sharp jump in net profit during the April–June quarter, led by its strongest decorative paints performance in three years and robust automotive demand. The company recorded high single-digit volume growth alongside a value growth exceeding 12 percent, partly attributable to recent price revisions. This points to broad-based momentum across both residential and industrial end-markets.