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.
Global private equity firm Bain Capital is in advanced discussions to purchase a controlling interest in Cello World from its founding family, in a transaction reportedly worth more than ₹3,000 crore. The deal signals growing PE appetite for India's branded consumer goods and housewares space. If completed, it would mark one of the more significant PE-led buyouts in the Indian consumerware segment in recent years.
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.
Procter & Gamble has completed its acquisition of Thorne, a well-known supplements and wellness brand, in a deal priced in line with industry norms. The move comes as P&G looks to deepen its footprint in the fast-growing consumer health and wellness segment. UK-based Haleon was also reportedly in the running for the acquisition before P&G closed the deal.
JSW Group is structuring a dedicated joint venture entity to formalise its partnership with Volkswagen Group in India, with manufacturing assets and operations set to move into the new company. The alliance is focused on producing mass-market Volkswagen and Skoda vehicles locally, with JSW seeking majority economic interest and operational control. Both sides are working toward signing a formal agreement within weeks.