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.
Building materials startup Infra.Market is exploring a share-swap arrangement that would give its parent entity, Hella Infra, a dominant stake of over 77% in the listed paint maker Shalimar Paints. The move is being seen as an alternative route to public markets, potentially sidestepping Infra.Market's previously announced ₹5,000 crore IPO plan. If completed, this would effectively merge two players in India's construction and building materials ecosystem under a single listed entity.
Emcure Pharmaceuticals posted a 36% jump in net profit and 23% revenue growth in the first quarter, while also reporting improved EBITDA margins driven by productivity gains. The company has kicked off a five-year strategic plan and completed the acquisition of a minority stake in Gennova Biopharmaceuticals, signalling confidence in biologics and biosimilars. These moves together point to a company positioning itself for sustained expansion rather than short-term consolidation.
Global private equity giant KKR has acquired Medicover's Indian hospital network — comprising 24 multi-specialty facilities across South and West India — in a deal valued at $1.39 billion. This is KKR's third hospital acquisition in India, signalling deepening conviction in the country's healthcare sector. Medicover, the European parent, exits India to sharpen its focus on continental European operations.
ReNew Power is looking to offload its hydropower business — a portfolio of projects located in Uttarakhand — for around ₹1,000 crore as part of a broader strategy to free up capital for new ventures. The unit was originally picked up from Larsen & Toubro and is now being shopped to other hydropower operators. This sale comes as ReNew works to stabilise itself following an unsuccessful attempt to take the company private last year.
Healthtech platform Practo is reportedly in advanced talks to acquire HealthPlix, a SaaS startup serving doctors and clinics, in what sources describe as a distress sale. The deal would bring together two players in India's digital health ecosystem. No final agreement has been announced yet.
Global private equity firm KKR has taken over Medicover India's network of 24 hospitals, making a significant bet on India's expanding healthcare sector. The deal is part of a broader wave of private equity consolidation in Indian hospital chains, with larger operators increasingly eyeing growth in smaller cities beyond the major metros.
Global private equity giant KKR has taken over the Indian hospital operations of Medicover, a deal reportedly valued at approximately ₹10,000 crore. Beyond the acquisition price, KKR is said to be planning an additional ₹3,000–4,000 crore investment to drive further expansion of the network. The move adds 24 hospitals to KKR's already significant healthcare portfolio in India.
Global private equity giant KKR is set to acquire a complete stake in Medicover India in a transaction valued between ₹13,000 and ₹14,000 crore. Beyond buying out existing shareholders, KKR has committed to injecting roughly ₹3,000–4,000 crore as fresh primary capital into the healthcare company. This infusion is earmarked for business expansion and debt reduction.
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.
Reliance Retail has acquired Bengaluru-based fashion discovery startup Furrl in a fully cash-funded transaction, with the deal value kept undisclosed. The move brings Furrl's technology and team under India's largest retail conglomerate. This acquisition signals Reliance's continued push to strengthen its fashion and lifestyle tech capabilities.
Electronic Arts has been taken private in a $55 billion acquisition led by Saudi Arabia's Public Investment Fund along with a consortium of investors, ending the company's nearly four-decade run on public markets. The deal shifts EA's ownership structure significantly, freeing it from short-term shareholder pressures. This kind of large-scale ownership change typically triggers strategic reviews that ripple across global operations, including India.
Mumbai-based fintech startup Mintoak has acquired ICC Loyalty, a Dubai-headquartered company specialising in loyalty and rewards technology, to broaden its offerings beyond merchant payments. The deal marks a strategic push by Mintoak to build a more comprehensive fintech platform for banks. This cross-border acquisition signals growing ambitions within India's merchant banking fintech space.