L&T chairman SN Subrahmanyan, facing backlash for supporting a 90-hour work week, received Rs 51 crore in compensation last year. His comments about working Sundays have drawn widespread criticism, including from actress Deepika Padukone.
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Zepto is launching a separate app, Zepto Café, to deliver food items like chai, samosa, and pizza within 10 minutes. This move challenges established players like Zomato and Swiggy in the rapidly growing quick-commerce food delivery market.
Telangana government signed an agreement with ITServe Alliance. The goal is to create 30,000 IT jobs in smaller towns. This will boost the state's IT sector. The government will provide infrastructure. ITServe Alliance will bring in its member companies. This partnership aims to develop local talent and reduce migration to Hyderabad.
Adani Green Energy has withdrawn from two wind power projects worth $1 billion in Sri Lanka after the government sought to reduce the tariff. The projects, set to be completed by 2026, were scrutinized following a political change. Adani deemed the revised tariff unviable but remains open to future collaboration with Sri Lanka.
Air cargo demand rose by 3.2% year-on-year in January 2025, maintaining 18 months of growth, according to IATA. Capacity also increased by 6.8%. However, yield and cargo load factors slightly declined. Positive factors include trade growth and e-commerce, but tariffs remain a concern. Regional performance varied, with Latin America showing the strongest growth.
PepsiCo aims to double its revenue in India over the next five years, citing the country as a major growth driver. The company is investing in new plants and expanding capacity to meet rising demand. India is currently among PepsiCo's top three global markets, contributing significant double-digit growth.
Indian employees now prioritize workplace flexibility, job security, learning opportunities, and a sense of belonging over salary. Randstad India's Workmonitor 2025 survey reveals that 52% would leave jobs lacking flexibility. Job security, mental health support, and work-life balance are more significant than pay. Flexibility is a baseline expectation across all age groups, signaling a fundamental change for organizations.
Attrition rates have risen for Indian IT firms like HCLTech, Wipro, TCS, and Infosys, reflecting a moderate demand environment and openings for specialized roles. The demand increase in sectors like retail, manufacturing, and BFSI contributes to this trend, with predictions suggesting stabilization by FY26.
The State of the Economy report from RBI suggests the time is ripe to boost demand and investment, with an anticipated economic rebound driven by strong agricultural prospects and a resurgence in domestic demand. Emphasis is placed on monitoring inflation and leveraging public capital expenditure and green energy initiatives for sustainable growth.
Global capability centres (GCCs) are increasingly recruiting talent from IT services companies, with up to 48% of their workforce now sourced from these firms. Offering higher salaries, GCCs attract professionals in emerging tech areas and are expanding recruitment efforts to new locations within India.
GQG Partners LLC and Fidelity Investments, among other major investors, have bought shares in Bharti Airtel. Indian Continental Investment sold over 0.8% stake, raising approximately $976 million. Bharti Telecom acquired nearly a quarter of the shares. The sale aims to fund founder Sunil Bharti Mittal's international ventures, including investments in Africa and the UK satellite company OneWeb.