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.
Indian gaming and sports media company Nazara Technologies reported a significant quarterly loss of Rs 82.5 crore, a sharp reversal from profitability, as founder Nitish Mittersain stepped down from the CEO position. The company's board is also weighing fresh equity fundraising, signalling a period of financial and strategic realignment. The leadership transition and mounting losses mark a notable inflection point for one of India's prominent listed gaming firms.
Willie Walsh, a seasoned global aviation executive, has stepped into the CEO role at IndiGo, India's largest airline by market share. On his first day, he signalled confidence in the carrier's future, describing its best growth phase as still to come. He did, however, flag ongoing supply chain constraints and airspace congestion as near-term operational challenges.