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.
EIH Limited, the operator behind the Oberoi and Trident hotel brands, reported quarterly revenues crossing Rs 657 crore and a net profit of Rs 120 crore in the first quarter of FY27. The company's leadership has signalled confidence in upcoming capital investments and new property developments, pointing to continued growth momentum in the premium hospitality segment.
Bengaluru-based sleep and home solutions brand Wakefit posted a 19% year-on-year rise in net profit to ₹23.4 crore in Q1 FY27, while its revenue crossed the ₹400 crore mark for the quarter. The company's improving unit economics suggest it is moving toward sustainable, operationally disciplined growth rather than the cash-burn model that defined many D2C brands in earlier years.
Netflix has disclosed that its Indian original production, Operation Safed Sagar, contributed over Rs 215 crore to the Indian economy. The streaming giant attributed this impact to job creation, investment in local vendors and businesses, adoption of advanced production technology, and development of homegrown creative talent. The announcement underscores the platform's broader strategy of deepening its economic footprint through locally produced content.
ixigo's CEO has publicly identified hotels as the company's fastest-growing business vertical, with ambitions to dominate the mid-market and budget hotel segments within four to five years. The company recently acquired Brevistay to bolster its flexible and short-stay accommodation offerings. This strategic push is being built on ixigo's existing large user base, which the company believes gives it a competitive edge to reach critical scale.
Karnataka state is in discussions with US-based AI company Anthropic to forge a long-term partnership aimed at deploying AI across government services. The collaboration could also give rise to structured AI skilling initiatives and even a dedicated AI University within the state. This move signals one of India's most ambitious state-level commitments to embedding AI into both public administration and workforce development.
PNB Housing Finance is scaling up a new micro-housing loan vertical, targeting a Rs 100 crore asset base by FY27 as internal policies and staff training are now in place. The lender is also cautiously reviving construction finance in select cities with carefully chosen developer partners. Funding costs are expected to remain stable or ease slightly, supporting the unit's growth trajectory.
Chennai-based robotics company Solinas Integrity has secured $5.5 million in a Series A1 funding round co-led by Mela Ventures. The funds are intended to help the startup expand its pipeline and sewer inspection robotics offerings into global markets. This represents a meaningful fundraising milestone for an Indian deep-tech firm looking to compete on an international stage.
Travel technology platform ixigo posted a sharp 81% year-on-year rise in net profit for the first quarter of FY27, reaching ₹34.2 crore, while revenue climbed 13% over the same period. The results reflect sustained momentum in India's online travel booking segment, with ixigo benefiting from growing digital adoption among price-sensitive travellers. The healthy financials put the company in a stronger position to invest in product, technology, and people.
Reliance Brands Ltd has struck a partnership to bring Kim Kardashian's SKIMS label — a shapewear and lifestyle brand — into the Indian market. This marks another addition to RBL's growing portfolio of international fashion and lifestyle names. The move reflects continued appetite among global brands to enter India through established retail infrastructure.
OpenAI is prioritising Indic language support and voice-based AI as core research areas, signalling a serious commitment to the Indian market. The company is also reducing the cost of its models and forging closer relationships with Indian startups to accelerate adoption. This marks a strategic deepening of OpenAI's India presence beyond just selling existing products.
Samvardhana Motherson International more than doubled its net profit in the April–June quarter while revenue crossed Rs 35,000 crore, a company record. The auto components giant commissioned three new manufacturing plants during the period and announced the acquisition of Chinese tech firm Shenzhen Autocruis. The company's debt levels are at an all-time low, signalling financial headroom for further growth.
Emami Group's edible oil and food business, Emami Agrotech, plans to invest Rs 400 crore in a new food manufacturing park in West Bengal. The facility will bring together production of its expanding portfolio — which now spans edible oils, atta, spices, besan, soya chunks, suji, and packaged snacks — under one roof. The company is also exploring an IPO for Emami Agrotech, signalling ambitions to scale significantly.