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.
Consumer Affairs Secretary Nidhi Khare has called on FMCG, food, and retail companies to significantly upgrade how they handle consumer complaints, noting a fivefold rise in grievances over the past five years. The government plans to deploy AI and robotics for product quality testing while also simplifying BIS compliance standards to reduce the regulatory burden on businesses. This signals a period of both accountability pressure and infrastructure investment across the consumer goods sector.
India's Income Tax Appellate Tribunal has ruled that stock options which haven't been exercised by employees are capital assets, not salary perquisites. Gains from the company buying back such unexercised options are therefore taxed as long-term capital gains. The case centred on a Flipkart executive who received ₹2.33 crore through such a buyback transaction.
The Indian Pharmaceutical Alliance has formally called on drug regulators to bring a large set of long-marketed medicines — including common neurological drugs — into proper regulatory compliance. These products have been sold across India for years without receiving central-level approval, creating a significant legal and operational grey area. The push signals that a comprehensive regulatory overhaul of the pharmaceutical sector may be on the horizon.
India's insurance regulator has directed all insurers to accelerate claim settlements for policyholders affected by the Assam floods that began on July 19. The directive mandates immediate deployment of surveyors and loss assessors on the ground, along with the creation of district-level claims desks and round-the-clock helplines. Electronic channels are being promoted to speed up both claim registration and payment disbursement.