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.
Air India, now under Tata Group ownership, has appointed Tewolde Gebremariam — the former long-serving chief of Ethiopian Airlines — as its new chief executive. Gebremariam is credited with transforming Ethiopian Airlines into Africa's dominant carrier, and Tata is banking on that operational expertise to arrest Air India's persistent financial losses. The appointment signals a serious intent to professionalise leadership and accelerate the airline's international growth ambitions.
Air India has named Tewolde Gebremariam as its new chief executive, replacing Campbell Wilson who led the airline through its post-Tata acquisition phase. Gebremariam, former head of Ethiopian Airlines, takes charge as Air India continues its ambitious expansion and fleet overhaul. The transition comes amid ongoing challenges including financial losses, safety scrutiny, and global route disruptions.
India's clean energy sector is shifting its focus from simply adding generation capacity to actually integrating that power into the grid effectively. Experts have flagged transmission infrastructure and energy storage as the two most critical bottlenecks, with meaningful volumes of solar power already being wasted due to grid limitations. Policy alignment and productive utilisation of existing capacity are now the sector's defining priorities.
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.
PolicyBazaar's parent company PB Fintech posted a near-doubling of net profit in the first quarter of FY27, reaching approximately ₹163 crore, while revenue grew by around 40% year-on-year. The robust financial performance signals strong business momentum for one of India's leading fintech platforms. Such results typically precede increased operational investment, including workforce expansion.
India's four largest listed real estate developers are gearing up for a wave of premium project launches worth over ₹1 trillion in FY27, aiming to compensate for a sluggish first quarter where delays held back momentum. The scale of these planned launches represents one of the most aggressive pipeline commitments the sector has seen in recent years. Whether market demand holds up will determine how much of this activity actually translates into ground-level execution.
Vingo, a peer-to-peer marketplace focused on pre-owned, unique, and collectible goods, has closed a Rs 10 crore seed funding round. The capital will be directed toward strengthening the platform's product capabilities and payment infrastructure. The move signals growing investor confidence in India's recommerce space.
EIH Limited, which operates The Oberoi Group's hotels, has joined hands with The Bhartiya Group to develop and manage 20 new ultra-premium lifestyle resorts across India. The venture aims to blend the Oberoi brand's signature personalised service with a strong wellness dimension. This marks one of the more ambitious luxury hospitality expansions announced in India in recent years.
Air India has brought in Tewolde Gebremariam, widely credited with transforming Ethiopian Airlines into a globally competitive carrier, as its new Chief Executive Officer. He steps in following the departure of Campbell Wilson, who steered the airline through its early post-Tata acquisition phase. The appointment follows a global search and signals Air India's intent to accelerate profitable growth and strengthen its international standing.
State-owned ONGC is moving to take operational control of two oil blocks in Venezuela under the country's revised energy regulations. This follows the company's successful recovery of its stake in Russia's Sakhalin-1 project late last year, which meaningfully boosted group revenues. ONGC is anticipating fresh agreements to be formalised soon as it deepens its international upstream footprint.
Bengaluru-based electric vehicle startup River Mobility has closed a $120 million Series C funding round co-led by Elev8 Venture and Claypond Capital. The company plans to deploy the capital toward scaling up its manufacturing operations and launching new vehicle models. This makes it one of the larger funding rounds in India's EV two-wheeler segment in recent times.
India's telecom regulator has released draft quality-of-service guidelines that would officially permit mobile network slicing, a technology that lets operators partition their networks to deliver different performance tiers for different services. The rules would allow differential pricing across service categories and require that all tariff plans state measurable speed commitments. Stakeholders have until August 26 to submit feedback on the proposed framework.