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.
Adani Group has outlined a massive capital expenditure plan of ₹1.53 trillion for FY26, and the ripple effects are being felt well beyond the conglomerate itself. Smaller engineering, procurement, and construction companies are riding this wave, with some reporting that Adani-linked contracts made up more than 80% of their fresh order intake last year. This concentration of spending is reshaping how India's broader infrastructure supply chain grows and staffs up.
WeWork's global parent is in discussions to offload its entire 27% holding in WeWork India, potentially handing full ownership to Bengaluru-based Embassy Group. Embassy Group, which already controls the majority 73% stake, may itself dilute some of its shareholding as part of the deal to raise additional capital. The transaction would effectively sever the Indian co-working business from its troubled global parent.
Juniper Green Energy has signed a Power Purchase Agreement with Tata Power for an 85 MW hybrid renewable energy project in Maharashtra, marking Juniper's first wind-solar combined venture. The project will draw on 51 MW of wind capacity and 34 MW of solar capacity working in tandem. This signals continued private-sector momentum in India's clean energy buildout.
Razorpay has unveiled a new infrastructure product called UPI Switch, built in collaboration with Airtel Payments Bank. The solution is engineered to process up to 10,000 transactions per second while improving payment success rates by four to five percentage points. This signals a deeper push into enterprise-grade payments infrastructure by one of India's leading fintech players.
Larsen & Toubro has manufactured and dispatched a hydrotreating reactor destined for a refinery in Mexico, with the unit built at its AM Naik Heavy Engineering Complex in Hazira, Gujarat. The export underscores India's growing capability in fabricating large, high-specification process equipment for global energy markets. This positions L&T's heavy engineering division as a competitive player in international refinery infrastructure.
LTIMindtree is expected to report a roughly 2.2% quarter-on-quarter decline in net profit for Q4 FY24, with analysts pointing to reduced pass-through revenue as a key drag on growth. The results reflect broader softness in IT sector demand that has persisted through the fiscal year. This comes amid an already cautious hiring environment across major Indian IT firms.
Cyient DLM, the electronics manufacturing arm of Cyient Group, posted a near-doubling of its profit after tax in FY24, with full-year revenues climbing 43.2% to Rs 1,192 crore compared to the previous financial year. The sharp growth signals strong demand for the company's defence, aerospace, and industrial electronics manufacturing services. This performance puts Cyient DLM among the faster-growing players in India's electronics manufacturing services (EMS) sector.
Tata Elxsi reported a sequential decline in both net profit and revenue for the January–March quarter, with earnings falling roughly 4.6% compared to the previous quarter and also dipping year-on-year. The results point to sustained pressure on the embedded technology and engineering research and development (ER&D) services segment. The company simultaneously announced a dividend payout, suggesting it remains financially stable even as growth slows.
ICICI Prudential Life Insurance reported a sharp 19.45% decline in its Value of New Business for FY24, with VNB falling to Rs 2,227 crore. The insurer has now signalled a strategic pivot toward growing absolute VNB rather than chasing margins, indicating a recalibration of its business model. This shift comes amid broader pressure on India's private life insurance sector following regulatory and product-mix changes.
Samsung India is investing in local R&D to develop AI features tailored for Indian users, even as global memory chip costs rise and supply tightens. The company is simultaneously working to shield Indian consumers from price hikes through festive offers and interest-free financing. This signals a dual commitment — sustaining consumer market share while deepening its engineering footprint in India.
India's government is set to make vehicle-to-vehicle (V2V) communication technology compulsory for new vehicles, with a phased rollout beginning October 2028. The system will enable cars to exchange real-time data on speed and braking to reduce road accidents. This mandate will also work alongside Advanced Driver Assistance Systems already entering the Indian market.
Gaurs Group has announced a large-scale luxury residential project near the upcoming Jewar Airport in the Noida region, targeting revenues of ₹1,900 crore. The development spans nearly 12 acres and will deliver over 1,000 premium apartments. The project rides on the infrastructural momentum building around the new airport corridor in the National Capital Region.