Edition 19: Weekly Industry News and Trends
November 26, 2024
Welcome to the nineteenth edition of Weekly Industry News and Trends. We are excited to present this newsletter to provide HR leaders with curated global news, with a special focus on India, to keep you informed about the latest market trends and developments. Our aim is to deliver concise, insightful updates every Tuesday, complete with links to the original sources for deeper exploration.
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01. Company/ Hiring News:
Covers company-specific news and major hiring news -
Zomato CEO Deepinder Goyal is hiring 'hungry' Chief of Staff but demands Rs 20 lakh to join him READ MORE
Emoneeds announces workforce expansion to enhance mental health support across India READ MORE
DIVIANA announces €50 million European expansion with Milan flagship READ MORE
Thoughtworks goes private in $1.75 billion deal READ MORE
02. Industry News
Covers industry-specific news and major announcements, including global layoffs -
Elon Musk's X rolls out a new feature in India to rival LinkedIn READ MORE
India's data center industry set for massive growth with AI, 5G, and cloud adoption READ MORE
Reliance-backed Addverb to launch first humanoid robot for diverse workflows by 2025 using Jio AI platform READ MORE
Adani Group loses Kenya airport, power projects following US bribery charges READ MORE
Hyderabad welcomes Evernorth first global hub outside the US READ MORE
India’s Data Center capacity to surge 66% by 2026 READ MORE
India GCC Sentiment:
Behind the rise and rise of GCC hiring in India READ MORE
Mirae Asset Global Investments to establish Global Capability Center in India READ MORE
Indian GCC industry set to reach $100 billion by 2030, workforce to exceed 2.5 million READ MORE
Global Layoff News:
Ola Electric to cut 500 jobs by year-end for restructuring READ MORE
Freshworks to lay off 13% of workforce READ MORE
03. Expansions and M&A
Covers company expansions and M&A news -
Eunity Partners expands to India READ MORE
Hilton to expand footprint in India amid boom in leisure travel demand READ MORE
Rakuten SixthSense eyes global expansion, targets new markets in Asia and the Middle East READ MORE
iQor expands global footprint with new campus in Noida, India READ MORE
M&A News:
Tessolve to acquire Dream Chip Technologies GmbH for €42.5 million READ MORE
Bharti Global acquires BT Group , strengthens India-UK telecom ties READ MORE
hubergroup acquired by Indian Consortium Networks READ MORE
Packaging firms Berry Global, Inc. and Amcor to merge READ MORE
04. Diversity Initiatives
Covers company DEI initiatives and recent developments -
FedEx promotes inclusive entrepreneurship, empowering women & LGBTQIA+ small business owners in India READ MORE
Tide partners with Ubuntu Consortium to support over 21,000 women entrepreneurs READ MORE
05. Leadership Highlight
Covers leadership movements and hires -
The news/ content presented in this newsletter is curated from various external sources. We do not claim ownership of the news articles or express any opinions on the information provided. This newsletter aims to keep HR leaders and professionals informed about current industry developments on a weekly basis. All external content remains the property of the respective authors and publishers. Any views or opinions expressed in the external articles are those of the authors and do not necessarily reflect our views. We are not responsible for the accuracy, completeness, or reliability of any information contained in the articles shared.