EV JOBS
Where Zepto stands in q-comm; H-1B relief kicks in
Happy Wednesday! Zepto's IPO filing reveals where it really stands against Blinkit and Instamart. This and more in today’s ETtech Morning Dispatch.
Flexi-staffing industry in India sees 8% YoY growth in new employment in 2025-26: ISF report
The push for formal employment, strongly supported by the staffing industry, has been instrumental in bringing more workers into structured flexi roles, thereby boosting reported employment figures and aligning with the industry’s commitment to providing formal opportunities, especially for first-time job seekers and freshers, the report said.
EV, FinTech jobs set to deliver biggest raises
Indian employees can anticipate salary increments of 8.6% to 10.2% in FY2026-27, with EV infrastructure, fintech, and healthcare sectors leading the hikes. Electrical engineers are projected for the highest increases at 11.2%. Geopolitical tensions and inflation could temper these projections, leading to cautious budgeting by businesses.
China escaped middle income trap but India still stuck in it; 4 economists debate if 6.5% growth is enough for Viksit Bharat
India's economic growth rate is robust, but experts caution it may not be sufficient for significant wealth creation. A key concern is the lack of private corporate investment, hindering job creation and income growth. Foreign investment is also facing challenges. Experts believe improved execution and innovation are crucial for India's long-term economic success and to avoid the middle-income trap.
India Inc to dole out salary hikes of up to 10.2 pc across industries in FY27: Report
Corporate India anticipates salary increments between 8.6% and 10.2% this financial year, driven by demand for skilled talent in high-growth sectors like EV and FinTech. Emerging cities are also strengthening their position in the talent economy, while select roles and specific cities are projected to lead these salary hikes.
Ola Electric’s QIP boost; AMFI benches Stable Money
Happy Friday! Ola Electric has raised fresh capital through a QIP. This and more in today's ETtech Morning Dispatch.
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Companies face hardware talent crunch amid AI boom
India faces a significant shortage of AI hardware engineers, including HVAC, robotics, and industrial automation specialists, as AI adoption surges. This demand, driven by smart manufacturing, EVs, and data centres, has led to a 35% salary increase for these roles. The AI boom now extends beyond software, impacting the entire infrastructure ecosystem.
Tech jobs go cold; Chip startups shift gear
India’s tech hiring has fallen to its lowest level in more than two years. This and more in today's ETtech Top 5.
It ain't a Ferrari, if it don't look Ferrari
The debut of Ferrari's electric supercar, Luce, is turning heads in the automotive world. With a design that diverges from the classic Ferrari aesthetic, responses from enthusiasts have been polarizing, stirring discussions about the brand's evolution. Luxury electric vehicles are under scrutiny as their hefty price tags raise eyebrows among potential buyers.
Swiggy CEO on failed shareholder vote; Indian firms brace for Mythos
Happy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in today's ETtech Morning Dispatch.
From being unemployed to earning nearly ₹50,000 per month: How a scooter changed the fortune of this UP worker
A casual roadside interaction shared by Zypp Electric's CEO revealed how India's growing EV ecosystem is creating new income opportunities. A young delivery executive, previously unemployed, now earns ₹1,500 daily by delivering orders on a rented electric scooter, sending most of his earnings home to support his family.
North Carolina sues Vietnam's VinFast over delayed EV project
North Carolina has sued Vietnamese EV maker VinFast for failing to meet its commitments to build a factory. The company has abandoned the site for over a year, despite agreements to create 7,500 jobs and invest over $3 billion. The state seeks repayment of $80 million and the right to acquire the land for another manufacturer.
Can ₹11 crore buy a stress-free early retirement in Hyderabad? 37-year-old NRI's query to netizens sparks debate on 'Fat FIRE'
A 37-year-old Indian professional in the US, with ₹11 crore in investments and a paid-off Hyderabad home, plans to retire early with his family. He seeks advice on whether his savings can sustain a comfortable lifestyle, including premium schooling and travel, without further employment.
India’s $1 trillion import dependence makes green transition a strategic necessity
India faces significant import reliance across key sectors. Aatmanirbharta requires a growth model shift, with the green economy offering a powerful solution. This pathway can attract substantial investments and create millions of jobs. Focusing on renewable energy, bioeconomy, and circularity will reduce import dependence and enhance economic security.
India Inc's earnings growth to slow down in next 12-18 months, warns Moody’s Ratings. Here’s why
Moody’s Ratings warns that India’s corporate earnings growth may slow over the next 12–18 months due to rising input costs, rupee depreciation, supply-chain disruptions, and labour market uncertainty. The agency also flagged weaker consumption, delayed investments, and sectoral pressures across autos, airlines, metals, and oil marketing companies amid global risks.
Uber still ahead despite stiffening competition, playing to win: CEO Dara Khosrowshahi
Uber CEO Dara Khosrowshahi asserts the company's dominance, highlighting expansion into allied businesses and India's projected rise as its largest market. He also expressed openness to revisiting food delivery and potentially partnering with Travis Kalanick on autonomous vehicles, while emphasizing India's growing role in AI infrastructure development.
Dara Khosrowshahi on Uber’s India bets, AI & jobs; Nvidia’s Simplismart bet
Happy Monday! Uber CEO Dara Khosrowshahi sat down with ET to discuss the company’s ambitions in (and for) India, among other things. This and more in today’s ETtech Morning Dispatch.
Why did the US stock market crash today? Dow Jones, S&P 500 and Nasdaq sink deep into red as Iran tensions and soaring oil prices fuel fresh inflation fears across Wall Street
US stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell more than 307 points to 49,396.89, while the S&P 500 declined 0.63% to 7,366.24. The Nasdaq Composite dropped nearly 1%. Tech stocks lost momentum. Nvidia, Amazon, and Microsoft slipped as fears of longer Federal Reserve interest rates returned.
PM Modi's appeal to postpone gold buying could hurt jewellery industry, says GJC
The gems and jewellery sector anticipates challenges following Prime Minister Narendra Modi's call to delay gold purchases. Industry leaders suggest unlocking existing household gold through a Gold Monetisation Scheme. This approach could reduce imports and strengthen the economy. The appeal aims to conserve foreign exchange amid West Asia's crisis. The government is urged to reconsider the decision.
Nitin Gadkari says he does not need to campaign as most of his politics is social work
Union minister Nitin Gadkari believes his extensive social work makes election campaigning unnecessary. He was speaking at an award ceremony in Pune. Gadkari also highlighted the growing electric vehicle market. He noted that demand for EVs is so high that buyers face longer waits than for traditional vehicles.
Swiggy, Urban Company report Q4 losses; Zepto gets IPO nod
New-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech Top 5.
Deeptech bets heat up; Paytm, PB Fintech, Meesho earnings
Happy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Morning Dispatch.
Premji eyes Emergent bet; Krutrim plans unravel
Happy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in today's ETtech Morning Dispatch.
Thalapathy government? Why Vijay's historic rise in India's industrial powerhouse state matters for stock market
Vijay’s TVK is set to reshape Tamil Nadu’s political landscape, prompting investors to assess what a “Thalapathy government” could mean for industry and markets. With the state being a key auto, electronics and export hub, policy clarity on incentives, welfare spending and governance will drive sentiment for TN-linked companies.
EV founders say PLI Auto needs an overhaul, leaves startup at a disadvantage
Electric vehicle startups are pushing back against the current production-linked incentive (PLI) scheme for automobiles, arguing its stringent eligibility criteria favor established players. EV-first companies, despite leading in technology and localization, are excluded, facing a significant cost disadvantage against traditional OEMs. Founders call for reforms to align the scheme with India's evolving EV landscape.
FDI easing for foreign cos with up to 10 pc Chinese stake to be notified soon under FEMA
India is on the verge of a significant policy alteration, planning to loosen foreign investment regulations for firms that include Chinese stakeholders. This initiative aims to spark a surge in investments, particularly in crucial manufacturing domains, ensuring that proposals enjoy expedited reviews.
Carmakers bank on $2.3 billion in future tariff refunds, risking Trump's ire
Car companies are booking billions in expected tariff refunds. This move boosts their first-quarter profits on paper. However, automakers risk angering President Trump. The refunds stem from a Supreme Court ruling. The process for receiving these payments is uncertain. Other factors like Middle East conflict and U.S. policy also impact the auto industry.
ET Prime Special Series: Multibagger or Bankrupt - Part 56: An acquisition, a divestment, and a JV for EV. Ready for re-rating?
Bulls argue this company is becoming a complete mobility-platform supplier in India: Power solutions and aftermarket, braking and safety. Bears argue that 86.8% of revenue still comes from automotive products tied to a market in transition. That exports are only 7-9%, and that real EV penetration in India is uneven. Both views have merit. The deeper question is whether the integrated entity earns a re-rating or remains a high-quality compounder.
Intel layoff story: 60-year-old worker struggles to find job after job loss, shares real job hunt challenges and advice
A man in his 60s lost his job and is now trying hard to find new work. He is learning new skills and applying for jobs but not getting offers easily. Money and health needs make it hard for him to retire. His story shows job search problems, career change, and staying strong during tough times.
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