Edition 13: Weekly Industry News and Trends
October 15, 2024
Welcome to the thirteenth 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 -
Agritech startup DeHaat in talks to raise $100 million to buy a seed firm READ MORE
Hitachi Energy plans ₹2,000 crore investment in India in next 5 years READ MORE
Kundan Green Energy to invest ₹1000 crore in renewable projects by 2028 READ MORE
Danone plans India expansion to close in on rivals Unilever and Nestlé READ MORE
PwC India collaborates with Meta to expand its open-source AI solutions READ MORE
Accenture , NVIDIA expand ties to boost AI adoption globally READ MORE
02. Industry News
Covers industry-specific news and major announcements, including global layoffs -
Canadian woman's post on ‘Tim Hortons hiring only Indians’ sparks online debate READ MORE
IT sector recovery drives 6% growth in white-collar hiring in September READ MORE
India to invest ₹92,000 crore in airport expansion, targets 200 airports by 2025 READ MORE
India gearing up to be AI powerhouse as data center giant pledges $3.2 billion investment by 2030 READ MORE
GenZ fears losing jobs but not ready to compromise on work-life balance and career growth READ MORE
India GCC Sentiment:
US-based cybersecurity firm Arctic Wolf launches Bengaluru GCC READ MORE
MetLife plans to establish Global Capability Center in Hyderabad READ MORE
Marriott International chooses Hyderabad for its first Global Capability Center READ MORE
Global Layoff News:
Boeing mass layoffs: US aircraft manufacturer to cut 17,000 jobs after facing $5 billion loss READ MORE
BeepKart fires 130 employees in 5 months to cut costs READ MORE
03. Expansions and M&A
Covers company expansions and M&A news -
Xboom Utilities Pvt. Ltd. to open office in Calcutta READ MORE
Amul (GCMMF) bold expansion into Europe after US success READ MORE
Hafele India Private Limited expands its footprint in East India READ MORE
M&A News:
Google to expand data centers in India, allegedly looking to acquire 22.5 acres of land in Navi Mumbai READ MORE
The Good Glamm Group acquires Sirona Hygiene for ₹450 crore in all-cash deal READ MORE
Sudarshan Chemical Industries Ltd. to acquire Germany's Heubach for ₹1,180 crore READ MORE
Adani in talks to acquire Heidelberg Materials Indian cement unit for $1.2 billion READ MORE
04. Diversity Initiatives
Covers company DEI initiatives and recent developments -
Indian venture capital firms are increasingly hiring more women READ MORE
Corporate India is breaking job barriers for persons with disabilities READ MORE
05. Leadership Highlight
Covers leadership movements and hires -
The Sleep Company appoints Kamaljeet Singh as Chief Human Resources Officer (CHRO) READ MORE
JioCinema announces appointment of YouTube India head Ishan Chatterjee as chief business officer READ MORE
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.