Startup Funding

ITC Hotels secures ₹327-crore lease in Delhi's Dwarka for 5-star hotel project

ITC Hotels has secured leasehold land at Yashobhoomi, Dwarka, New Delhi from the India International Convention and Exhibition Centre Limited for a lease premium of ₹326.5 crore and a lease period of about 91 years, to develop and operate a premium 5-star hotel with banqueting and signature cuisine offerings, strengthening its presence in the Delhi NCR hospitality market.

Hiring News

India to focus on skilled jobs, employment quality to achieve inclusive growth: EAC-PM chief S Mahendra Dev

India is shifting its focus towards generating skilled employment and improving job quality, an essential step for sustainable economic development. With a target growth rate of 7.7 percent from 2022-23 to 2025-26, the nation envisions a future where investments, domestic savings, and exports flourish. Emphasizing the manufacturing sector is seen as key to creating more labor-intensive job opportunities.

Layoffs / Restructuring

Culver Max Entertainment plans 10% workforce reduction amid cost reset

Culver Max Entertainment, formerly known as Sony Pictures Networks India, is preparing to reduce its workforce by around 10 per cent as part of a wider restructuring and cost rationalisation exercise. The move is expected to affect nearly 120 employees across its India operations and is likely to be implemented from the next financial year. [...] The post Culver Max Entertainment plans 10% workforce reduction amid cost reset appeared first on HR Katha .

Startup Funding

Fintech startup Skydo secures final RBI authorisation for cross-border payments

Bengaluru-based cross-border payments platform Skydo has received final authorisation from the Reserve Bank of India (RBI) to operate as a Payment Aggregator–Cross Border (PA-CB). The approval follows in-principle authorisation granted in January last year and places Skydo among a small group of fintech firms cleared under the PA-CB regime. The licence allows the company to facilitate cross-border payment collections as a regulated entity at a time when the central bank has tightened oversight of such activities by bringing them within the payment-aggregator framework. Skydo enables exporters to collect locally from international clients, with transparent flat-fee pricing, no markup on live mid-market FX rates, and fast settlements. The platform provides instant access to compliance documents like FIRC through deep integration with partner banks, and offers a full suite of Accounts-Receivable tools like Invoicing, Payment Reminders and Ledgering, and Integration with ERP / Accountin...

New Job Openings

UP expands apprenticeship drive; over 83,000 youth placed in FY26

The Uttar Pradesh government has stepped up efforts to strengthen its apprenticeship ecosystem, linking thousands of young people with industries and MSME units across the state. The effort is aimed at promoting employment-oriented skill development by combining classroom learning with hands-on workplace experience. In the current financial year alone, more than 83,000 youth have been [...] The post UP expands apprenticeship drive; over 83,000 youth placed in FY26 appeared first on HR Katha .