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.
Sudhir Sitapati has abruptly stepped down as CEO of Godrej Consumer Products, just days after the board had approved a five-year extension to his tenure. The chairperson has acknowledged that the board was not forewarned about his exit plans, signalling an unexpected breakdown in communication at the top. Former CFO Aasif Malbari has been appointed as his replacement.
N Chandrasekaran has stepped down from his position as chairman of Tata Sons, with his departure coming just over a week before the conglomerate's annual general meeting. The move reportedly caught key stakeholders, including Noel Tata and several Tata Trusts trustees, by surprise. Chandrasekaran had reportedly sought a third term but the bid did not succeed.
Godrej Consumer Products CEO Sudhir Sitapati stepped down shortly after receiving board approval for a second five-year term, a move that surprised many observers. The company moved quickly to name global CFO Aasif Malbari as his replacement on the same day, signalling a preference for internal succession. The transition at one of India's prominent FMCG firms raises broader questions about leadership continuity in large conglomerates.
N Chandrasekaran has resigned as Chairman of Tata Sons, one of India's most influential conglomerates, following a reported breakdown in trust and communication at the board level. The departure highlights unresolved questions around leadership succession and governance within the Tata group. This marks a significant moment of transition at the helm of a business empire that spans dozens of sectors and employs hundreds of thousands across India.
The Indian government has chosen not to intervene in the leadership transition unfolding at Tata Sons, treating it as a private corporate governance matter. Authorities have signalled they would only consider involvement if formally requested by the Tata Group or key stakeholders. This leaves one of India's largest and most diversified conglomerates navigating a significant top-level change on its own terms.
Noel Tata, who took over as Tata Trusts chairman following Ratan Tata's passing, reportedly opposed extending N Chandrasekaran's tenure as Tata Sons chairman at a February 2026 board meeting. This signals a potential shift in the top leadership of one of India's largest and most influential conglomerates. The outcome of this boardroom standoff could have far-reaching consequences for the strategic direction of the entire Tata Group.
N Chandrasekaran's departure as Tata Sons chairman ends a period of competing strategic visions within the conglomerate, but leaves the group without a clear successor at the helm. With roughly $120 billion in planned investments at stake, the direction of one of India's largest employers now hinges on who steps into the leadership gap. Noel Tata is reported to favour a more cautious capital deployment approach, which could reshape priorities across Tata's sprawling businesses.
The Sir Dorabji Tata Trust has passed a formal resolution to establish a selection committee tasked with identifying and recommending a candidate for the role of Tata Sons chairman, signalling the beginning of a structured succession process for N. Chandrasekaran's position. This marks a significant governance milestone for one of India's largest and most influential conglomerates. The outcome of this search will have broad implications across the many sectors in which the Tata Group operates.
N Chandrasekaran is set to exit his role as chairman of Tata Sons in February 2027, following a prolonged deadlock over his reappointment. Reports indicate that differences between Chandrasekaran and Tata Trusts chairman Noel Tata over group strategy, governance direction, and the prospect of listing Tata Sons contributed to the impasse. The development marks a significant leadership transition at one of India's largest and most influential conglomerates.
N Chandrasekaran is set to exit as chairman of Tata Sons, triggering speculation about who will lead one of India's largest and most influential conglomerates. Tata Trusts, which holds decisive shareholding in the parent company, is expected to play a central role in determining the next chairman. The succession decision will have far-reaching implications across the many Tata group companies and their combined workforce.
Emcure Pharmaceuticals reported a 36% jump in net profit and 23% revenue growth in Q1 FY27, signalling strong early momentum in the second year of its five-year strategic plan. Alongside the financial results, the company announced the appointment of Samit Mehta as its new Chief Operating Officer. Management described the quarter as an encouraging signal that the company is shifting from a foundation-building phase into an active delivery phase.
The two cofounders of wealth-tech startup Fisdom, Subramanya SV and Anand Dalmia, are preparing to leave Groww roughly a year after Groww acquired Fisdom in a deal valued at around $150 million. Their departure follows the completion of a standard post-acquisition retention period, a common structure in startup buyouts. This marks a significant leadership transition within one of India's leading fintech platforms.