Air India Appoints Tewolde Gebremariam As Chief Executive Officer & Managing Director

The Board of Directors of Air India today announced the appointment of Tewolde Gebremariam as the airline’s Chief Executive Officer and Managing Director, succeeding Campbell Wilson. This executive transition marks a pivotal juncture in Air India’s transformation journey to become a world-class, leading global airline.

The Board conducted a comprehensive search to identify the next leader for Air India, overseen by a dedicated Board committee. The committee rigorously evaluated internal as well as highly accomplished external candidates from across the world.

The objective of the Board was to identify a leader with a proven record of managing mega-scale airline turnarounds, delivering operational excellence, fostering a strong culture of safety and service, and driving profitable expansion. Following an intensive evaluation process, the Board unanimously concluded that Mr. Gebremariam possesses the ideal combination of leadership, deep operational expertise, and strategic execution capability required for Air India’s next phase of growth.

Tewolde Gebremariam is widely recognized as one of the most successful aviation chief executives. During his decade-plus tenure as CEO of Ethiopian Airlines Group, he spearheaded a multi-billion-dollar expansion, transforming a regional carrier into Africa’s largest, most profitable, and decorated airline group—growing revenue by more than fourfold and fleet size nearly threefold.

His unique strength lies in managing complex operational landscapes, driving cultural transformation, building competitive global hubs, and developing world-class MRO (Maintenance, Repair, and Overhaul) and aviation training infrastructure.

As Air India shifts from its foundational turnaround phase into a high growth & profitable execution phase, Mr. Gebremariam brings crucial capabilities required for Air India’s next leg of journey. He has strong experience in expanding international long-haul networks and building world-class hub operations, an unrelenting commitment to safety standards, engineering quality, and operational reliability. He also has a track record of driving sustained profitability. while navigating complex economic cycles and dynamic global markets together with a deep experience in workforce upskilling, talent development, and embedding a high-performance, customer-first service culture.

N. Chandrasekaran, Chairman of Tata Sons and Air India, said: "On behalf of the Board, I am delighted to welcome Tewolde to Air India. Having completed the initial phase of stabilization, integration, and fleet commitments under Campbell's guidance, Air India is now entering a critical execution and expansion era. Tewolde’s track record in building one of the world's most efficient and profitable airline groups makes him uniquely suited to lead Air India. His operational expertise, commitment to safety, and vision for hub development will be instrumental as we establish Air India as a premier global carrier and a source of national pride."

Tewolde Gebremariam, Incoming CEO & Managing Director, said: "It is a profound honour to be entrusted with leading Air India at such a historic moment in its journey. Air India carries an incredible legacy, and the opportunity to build a world-class global airline that reflects India’s extraordinary economic potential is uniquely exciting. I look forward to working closely with Chairman Chandrasekaran, the Board, our employees, and all government and industry partners to deliver exceptional operational reliability, warm Indian hospitality, and sustained long-term growth."

This leadership transition reinforces Air India’s alignment with national priorities and stakeholder expectations. Air India remains steadfastly committed to supporting India’s civil aviation ambitions and national economic vision. Under Mr. Gebremariam’s leadership, Air India will work closely with civil aviation authorities and regulators to strengthen India’s position as a premier global aviation hub, enhance international connectivity, and maintain the highest benchmarks of aviation safety and compliance.

People are the backbone of this transformation. Mr. Gebremariam’s leadership philosophy places people at the centre of organizational success. Employees across all divisions—flight crew, ground operations, engineering, and corporate—can look forward to a continued emphasis on training, exciting career pathways, and an empowering work environment built on merit, accountability, and pride in our national carrier.

Air India belongs to India and represents India to the world and is committed to building a reliable, warm, and world-class airline that every Indian can be immensely proud of. Passengers will see an accelerated push toward on-time performance, modern aircraft cabins, elevated hospitality, and seamless global connectivity.

The Board also thanked Campbell Wilson for his leadership over the past phase of Air India’s revitalization. He successfully oversaw complex merger and integration processes, initiated massive fleet modernization programs, established new corporate governance standards, and laid the foundations that were necessary for the future.

With a solid foundation now in place, Air India enters its next era with clear strategic clarity, robust capital backing, and world-class leadership at the helm. The Board is fully confident that under Tewolde Gebremariam, Air India will realize its full potential as a premier global aviation power.

Further details regarding the exact onboarding timeline and transition schedule will be shared in due course.

About Air India Group

The Air India Group – comprising full-service global airline, Air India, and value carrier, Air India Express – is spearheading a new era of Indian aviation. The Air India story began in 1932 when JRD Tata piloted the airline’s inaugural flight and opened the skies for aviation in India. Today, Air India Group employs more than 30,000 people, operates over 300 aircraft and carries travellers to 60 domestic and 51 international destinations across five continents.

Returning to Tata Sons in 2022 following 70 years under Government ownership, Air India Group is in the midst of a five-year transformation programme, Vihaan.AI. As part of the transformation, Air India has placed orders for 600 new aircraft. In addition to taking new aircraft deliveries, Air India is progressively retrofitting all its legacy aircraft.

The Air India Group operates South Asia’s largest aviation training academy in Gurugram, India. The construction of a new flying school and a greenfield maintenance base is in progress.

With transformation underway across all facets of the business and India’s rich legacy of hospitality, Air India is committed to being a world class global airline with an Indian heart.

For more news on Air India, visit http://www.airindia.com/newsroom    

Biocon Q1FY27 Total Income At Rs 4,391 Cr, Up 9%; EBITDA At Rs 902 Cr; Net Profit At Rs 141 Crore

* Biopharma Revenue Up 17%

Biocon Limited (BSE code: 532523, NSE: BIOCON), an innovation-led global biopharmaceuticals company, today announced its consolidated financial results for the fiscal first quarter ended June 30, 2026.

FINANCIAL PERFORMANCE

Consolidated operating revenue increased 10% YoY to Rs 4,336 crore, driven by strong growth in the Biopharma business.

Biopharma revenue grew 17% YoY, driven by momentum from recent biosimilar and generic product launches across key markets.

Biosimilars revenue increased 16% YoY to Rs 2,855 crore.

Generics revenue increased 21% YoY Rs 760 crore.

Note: Revenue contribution as a % of Revenue
from Operations

Services revenue decreased 16% YoY to Rs 736 crore due to continued impact of challenges faced last year.

Consolidated EBITDA stood at Rs 902 crore, with a margin of 21%, supported by improved profitability in the Biopharma business, which helped offset continued challenges in the Services business.

Interest cost at Rs 213 crore, down 23% YoY from Rs 277 crore, following the actions taken to strengthen Biocon’s balance sheet.

Net Profit before exceptionals was Rs 145 crore.

LEADERSHIP COMMENTS

“Biocon has entered FY27 with a clear focus on translating our strategic investments into sustainable growth and long-term value creation. A favourable policy environment for biosimilars together with our expanded manufacturing capabilities in the U.S. reinforce our confidence in the long-term opportunities across North America, our biggest market. We also remain confident that the investments in new capabilities at our research services business will support its next phase of growth.”

– Kiran Mazumdar-Shaw, Executive Chairperson, Biocon Limited

“Biocon delivered a resilient performance in Q1FY27, reporting consolidated revenue from operations growth of 10% year-on-year to Rs 4,336 crore and EBITDA of Rs 902 crore. This reflects the strength of our diversified portfolio and disciplined commercial execution. In FY27, we have successfully launched Bosaya™️ and Aukelso™️ (biosimilar Denosumab), Yesafili™️ (biosimilar Aflibercept), and generic Liraglutide, further strengthening our presence in the U.S. market. We also secured regulatory approval from the European Medicines Agency (EMA) for our new drug product fill-finish plant for insulins in Malaysia, unlocking additional manufacturing capacity. Our focus on balance sheet optimization reduced interest costs by 23% year-on-year. We expect growth momentum to accelerate through the year, driving a stronger second-half performance.”

– Shreehas Tambe, CEO & Managing Director, Biocon Limited

“As I take charge of Syngene, amid headwinds that the Company is currently navigating, I look forward to working closely with the Board and our leadership team to sharpen our focus and translate our priorities into tangible business outcomes that will provide a strong foundation for long-term growth.

My immediate priorities are to sharpen our commercial execution, strengthen delivery across our businesses, and build a more agile, cost-competitive organization. At the same time, we will continue to invest in CDMO, AI, innovation and differentiated scientific capabilities that will strengthen our competitive position.”

– Siddharth Mittal, CEO & Managing Director, Syngene International Limited

FINANCIAL HIGHLIGHTS (CONSOLIDATED): Q1FY27

In Rs Crore

Particulars	Q1FY27	Q1FY26	YoY (%)
INCOME
Biosimilars	2,855	2,458	16%
Generics	760	630	21%
Biopharma (Biosimilars + Generics)	3,615	3,088	17%
Services	736	875	(16%)
Inter-segment	(15)	(21)	28%
Revenue from operations#	4,336	3,942	10%
Other income	55	80	(31%)
Total Income	4,391	4,022	9%
Net R&D Expenses	240	205	17%
EBITDA	902	846	7%
EBITDA Margins	21%	21%
PBT (before Exceptional items)	141	114	24%
PBT (after Exceptional items^)	128	97	32%
Net Profit (before Exceptional Items^^)	145	42	245%
Net Profit (Reported)	141	31	355%

Figures above are rounded off to the nearest Crore; % based on absolute numbers.

Notes to financials above:

#Revenue from operations includes licensing income

^Exceptional items during Q1FY27 and Q1FY26 amount to Rs (13) crore and Rs (17) crore, respectively

^^Net of tax and minority interest, exceptional items during Q1FY27 and Q1FY26 amounted to Rs. (4) crore and Rs. (11) crore respectively, resulting in a Net Profit of Rs 141 crore and Rs 31 crore, respectively

BUSINESS PERFORMANCE - Biopharma

North America

Growth in North America region was driven by the ramp-up of recently launched biosimilars, including ​Bosaya™ and Aukelso™ (biosimilar Denosumab) in the U.S., coupled with stable performance in the oncology portfolio.

Commercialized Yesafili™ (aflibercept-jbvf) in the U.S., in August, as an interchangeable biosimilar Aflibercept.

Secured Health Canada Notice of Compliance (NOC) for Yesintek® (biosimilar Ustekinumab) autoinjector pen.

Commercialized generic Liraglutide in the U.S.

Europe

Commercialized Evfraxy® (biosimilar Denosumab), for bone health, across multiple European markets.

Commercialized Abevmy® (biosimilar Bevacizumab) from oncology portfolio in Czech Republic and Switzerland.

Emerging Markets

Expanded market access through multiple product approvals and commercial partnerships across Emerging Market countries.

Secured approval for Yesafili™ as Malaysia’s first biosimilar Aflibercept.

Maintained strong market leadership for biosimilar Bevacizumab franchise in Brazil.

BUSINESS PERFORMANCE - Services

Signed MoU with BRIC-Translational Health Science and Technology Institute (THSTI) for early and late-phase clinical development, translational research, and bioanalytical sciences. The collaboration will enable the evaluation and execution of First-in-Human (FIH) and Phase I clinical programs, along with bioanalytical, biomarker and patient-based clinical research programs.

Continued to strengthen Syn.AI, an AI-enabled scientific platform for accelerating drug discovery services, by developing giga scale virtual screening capabilities. This will enable screening and prioritizing larger libraries of molecules, accelerating the identification of promising drug candidates.

Board Updates

Bobby Parikh has completed his term as an Independent Director of the Company with effect from the close of business hours of July 22, 2026.

Nicholas Haggar shall complete his term as an Independent Director of the Company with effect from the conclusion of the ensuing 48th Annual General Meeting of the Company scheduled to be held on August 6, 2026.

The Board places on record its appreciation for their valuable services and contributions during their tenure with the Company.

Awards and Recognitions

Kiran Mazumdar-Shaw ranked No. 4 in ‘Biopharma’ category on The Global Medicine Maker Power List 2026.

Kiran Mazumdar-Shaw recognized for ‘Lifetime Contribution to UK-India Relations’ at the 10th edition of India Global Forum’s UK-India Week.

Kiran Mazumdar-Shaw ranked No. 6 on Fortune India's 100 Most Powerful Women 2026 list.

Biocon recognized as a trailblazing brand at the 8th ET NOW’s Iconic Brands of India.

Sustainability / ESG

Biocon's Bio-Pure Project recognized with the ‘Sustainability Initiative of the Year’ Award 2026 by International Health Partners at the Medicines for Europe Conference.

Biocon recognized as ‘Company of the Year’ at the Sustainability & CSR Malaysia Awards 2026, marking its third consecutive win.

Enclosed: Fact Sheet – with Financials as per IND-AS

About Biocon Limited

Biocon Limited (BSE: 532523, NSE: BIOCON) is a global biopharmaceutical company driven by its purpose to provide affordable, life-changing medicines to patients worldwide. Headquartered in Bengaluru, India, Biocon addresses some of the world’s most pressing healthcare challenges across chronic and non-communicable diseases by offering both biosimilars and generics at scale across geographies. Through this diversified portfolio, Biocon focuses on areas of high unmet need, spanning key therapy areas including diabetes, oncology, obesity, cardiovascular diseases, immunology, ophthalmology, and bone health. The Company has pioneered several industry firsts that have helped shape the global biosimilars landscape. To date, the company has commercialized 12 biosimilar products and 30+ generic formulations globally. It has robust research and development pipeline of 20+ biosimilar assets, as well as GLP-1 peptides and other complex generics. With an integrated lab-to-patient model, Biocon brings together research and development, manufacturing, and commercial capabilities to ensure reliable and scalable supply of medicines. The company operates in more than 120 countries, supported by seven manufacturing sites, three R&D sites, 18 offices worldwide, and a workforce of over 9,500 employees. Biocon has been included in the S&P Global Sustainability Yearbook 2026 for the fourth consecutive year, underscoring its commitment to sustainable and responsible growth. Website: www.biocon.com Follow us on X: @bioconlimited LinkedIn: Biocon

About Syngene International Ltd.

Syngene International Ltd. (BSE: 539268, NSE: SYNGENE, ISIN: INE 398R01022) is an integrated research, development, and manufacturing services company serving the global pharmaceutical, biotechnology, nutrition, animal health, consumer goods, and specialty chemical sectors. Syngene’s team of over 5,600 scientists brings both deep expertise and the capacity to deliver scientific excellence, robust data security, and world class manufacturing, at speed, to improve time-to-market and lower the cost of innovation. With 2.5+ mn sq. ft of specialized discovery, development, and manufacturing facilities, Syngene works with around 400 global customers across industry segments, including biotech companies pursuing leading-edge science and multinationals such as BMS, GSK, Zoetis, and Merck KGaA. For more details, visit www.syngeneintl.com . For the Company’s latest Environmental, Social, and Governance (ESG) report, visit Syngene ESG Report.  

One In A Million: Kotak Kanya Scholarship 2026 Sets Out To Find India's Next Generation Of Achievers

Kotak Education Foundation (KEF), the CSR implementing arm of Kotak Mahindra Group, today announced the launch of the Kotak Kanya Scholarship 2026 under the campaign banner “One in a Million”, a search for exceptional girl students across India whose merit deserves to be recognised and supported, irrespective of financial circumstances. Now in its sixth year, the programme continues to open the doors of professional higher education to meritorious girl students from underserved sections of society, enabling them to pursue their ambitions without financial barriers standing in the way.

Since its inception in 2021, the Kotak Kanya Scholarship has already impacted 1,525 girls across 24 states, with 500 new scholars to be onboarded in 2026-27. In addition to financial aid, KEF ensures holistic development through expert mentorship, valuable career guidance, industry exposure and finishing school sessions, nurturing critical thinking, 21st-century competencies and work readiness in professional sectors.

Ridhi Bhatia, Senior Vice President – Group CSR, Kotak Mahindra Bank said, “Education is one of the most powerful drivers of long-term community development. However, for many deserving young women, financial constraints continue to limit access to professional higher education at a pivotal stage in their lives. Through the Kotak Kanya Scholarship, we seek to ensure that merit and ambition - not economic circumstance - shape a young woman's future, enabling her to unlock her potential and create lasting impact for her family, community and beyond."

Arati Kaulgud, Head of Scholarship Program and Executive Committee Member (EC), Kotak Education Foundation said, “As we celebrate the first successful outcomes of the Kotak Kanya Scholarship, we are proud to see our scholars creating a ripple effect. From joining leading global technology companies and India’s top corporates to graduating as our first doctors, they are fulfilling not only their own aspirations but also the dreams of their families. Their success inspires us to extend this opportunity to 500 more deserving young women. Our rigorous selection and focus on holistic development make us one of the most impactful scholarship programmes. By enabling more women to pursue careers in traditionally underrepresented fields, we are helping build a more gender-balanced workforce. We encourage India’s brightest young women to apply and become the next generation of changemakers.”

Scholarship highlights:

₹1.5 lakh* per scholar per year until completion of the professional graduation course/degree

Covers professional courses such as engineering, MBBS, architecture, design, and integrated LLB at NIRF-accredited institutes of repute

Access to mentoring, life skills, and mental well-being sessions

Scholars from 136 top institutions across India

Eligibility criteria for Kotak Kanya Scholarship 2026-27:

Open to meritorious girl students across India

Must have scored 75% or more marks (or equivalent CGPA) in Class 12 board examinations

Annual family income must be less than ₹6,00,000

Must have secured admission to the first year of a professional graduation programme (2026-27) at an NIRF or NAAC-accredited institute of repute in streams such as engineering, MBBS, integrated LLB (5 years), integrated BS-MS/BS-Research (IISER, IISc Bangalore), design, or architecture

Children of employees of Kotak Mahindra Group, Kotak Education Foundation, and Buddy4Study are not eligible to apply

KEF’s scholarship wing has supported over 4,000 scholars to date, with 2,000+ alumni now thriving as professionals in leading companies and other institutions.

*Disclaimer: Terms and conditions apply. Scholarship selection and amount are based on fulfilment of the eligibility criteria and remain at the discretion of Kotak Education Foundation.

About Kotak Education Foundation

Kotak Education Foundation (KEF) is the primary implementing agency for the education-focussed Corporate Social Responsibility (CSR) initiatives of the Kotak Mahindra Group under its CSR identity, Kotak Karma.

For nearly two decades, KEF has been working to transform the lives of children and youth from economically disadvantaged communities through high-quality education, skills development, and livelihood opportunities. Guided by its philosophy of creating deep, sustainable impact, KEF designs and implements evidence-based interventions that strengthen education ecosystems and enable learners to realise their full potential.

KEF’s integrated approach spans the entire educational continuum from strengthening foundational learning, improving school leadership and building teacher capacity, Communicative English Future Readiness (CE-FR) skills, STEM education to expanding access to higher education through scholarships, and enhancing employability through vocational education and skilling programmes.

Through strategic partnerships with government bodies, educational institutions, communities, and sector stakeholders, KEF has built scalable models that are driving measurable improvements in learning outcomes and educational access.

Today, KEF’s programmes reach thousands of schools, educators, and learners across multiple states in India through its flagship initiative KSHAMATA. As it enters the next phase of its journey, KEF is expanding its vision from school-level interventions to district and state-level transformation. By combining on-ground implementation expertise with system-strengthening partnerships, innovation, and scale, KEF is working towards creating equitable, future-ready education systems that empower millions of children and youth to thrive and contribute meaningfully to India's growth story.

Beyond school education, Kotak Education Foundation (KEF) has built a comprehensive ecosystem of scholarships and employability initiatives that support young people at critical transition points in their educational and professional journeys. KEF's scholarship programmes are designed to ensure that financial constraints do not become barriers to aspiration and achievement. The Kotak Kanya Scholarship empowers meritorious young women from economically disadvantaged backgrounds across India to pursue professional higher education through financial assistance, mentorship, academic support, and holistic development opportunities. The Kotak Junior Scholarship enables high-potential students from the Mumbai Metropolitan Region to continue their education in Grades 11 and 12, while the Kotak Graduate Scholarship supports deserving students in pursuing undergraduate studies and preparing for successful careers.

Complementing these efforts, KEF's vocational education and employability programmes equip youth from underserved communities with industry-relevant skills, including digital literacy, spoken English, life skills, workplace readiness, and professional competencies. With a strong focus on employment outcomes, these programmes empower young people to access sustainable livelihood opportunities and confidently navigate the world of formal employment.

Today, KEF stands at the forefront of education transformation in India. Building on nearly two decades of implementation experience and deep community engagement, the organisation is evolving from driving impact at the individual school level to enabling systemic change across districts and states. Through strategic partnerships with governments, institutions, and ecosystem stakeholders, KEF is creating scalable models that strengthen education systems, improve learning outcomes, enhance employability, and expand opportunities for millions of children and youth. By combining innovation, evidence-based practice, and a commitment to equity, KEF continues to work towards building a future where every learner has the opportunity to learn, thrive, and succeed.

For more information, visit: www.kotakeducationfoundation.org

About Kotak Mahindra Bank Limited

Established in 1985, Kotak Mahindra Group is one of India's leading diversified and integrated financial services conglomerates, providing a wide range of financial solutions across customer and geographic segments. The Group strives to deliver value for its key stakeholders – customers, company, colleagues, and the larger community – through an overarching focus on “Doing it Right by the Customer”. The Group offers products across banking and lending, capital markets, asset management, and protection, enabling it to serve its customers across every spectrum of their financial needs. As on 31st March 2026, the Group has a national footprint of 5,584 branches and reported a consolidated balance sheet size of ₹10 trillion.

For more information, visit the Company’s website at https://www.kotak.bank.in

Google Emerges As India's Most Attractive Employer Brand, Followed By Tata Group And Amazon: Randstad Employer Brand Research 2026

Work-life balance (60%), equal opportunities (59%), career progression (55%), salary and benefits (55%), and very good reputation (53%) are the top EVP drivers in India, pointing towards a need for balanced employer offer built on day-to-day support, fairness, growth, reward and credibility.

46% of Indian talent plan to change jobs in the next six months, while 32% changed their employer in the last six months.

Full remote working has declined from 47% in 2021 to 18% in 2026.

Randstad India, the country's leading talent company, today officially launched the Randstad Employer Brand Research (REBR) 2026. Now in its 16th edition in India and 26th edition globally, it is the most comprehensive, independent and in-depth employer brand research in the world. REBR 2026 draws on insights from over 1.75 lakh respondents across 34 markets, and close to 3500 respondents in India. Covering more than 75% of the global economy, Randstad Employer Brand Research provides a detailed lens into the evolving priorities, expectations and behaviours of today’s talent.

Google has emerged as India’s most attractive employer brand, as revealed by the Randstad Employer Brand Research (REBR) 2026, followed by Tata Group and Amazon. This year’s findings reveal that India’s workforce is entering what can be described as the era of the “Balanced Employer” - organisations that can simultaneously deliver meaningful work, career growth, inclusivity, wellbeing, flexibility and competitive rewards. As talent expectations evolve, employers are increasingly assessed on the entirety of their Employee Value Proposition (EVP) rather than on isolated elements.

In fact, mobility pressure remains high in India. Work-life balance is the leading reason to leave an employer (49%), followed by lack of career growth (42%) and low compensation (41%). 43% of millennials would leave due to a lack of career growth opportunities, compared with 42% in Gen Z and 39% Gen X.

Top 10 Most Attractive Employer Brands in India - REBR 2026:

Rank 1 Google Rank 2 Tata Group Rank 3 Amazon Rank 4 Samsung India Rank 5 Infosys

Rank 6 Reliance Industries Rank 7 ITC Group Rank 8 Hindustan Unilever Rank 9 Mahindra & Mahindra Rank 10 Dell Technologies Ltd.

Narayan Iyer, MD, Randstad India, commented, “The post-2020 era has fundamentally rewritten the psychological contract between employers and employees, accelerating an unprecedented evolution in both workforce expectations and workplace dynamics. Today, talent no longer evaluates an organization on a single factor or isolated perks, but on an integrated employment experience.

With nearly half of the workforce contemplating a career move over the next six months, enterprise resilience depends on looking far beyond surface-level benefits. While many employers have made substantial progress, talent expectations are expanding faster than organizational structures can adapt. Retention is no longer about strengthening isolated touchpoints; it requires closing the gap between financial reward and everyday fulfillment.

As India continues to attract global investment and expand its economic footprint, organizations that actively re-think their talent strategies will lead the market in talent attraction and retention. Ultimately, the future belongs to employers who master the art of making growth, flexibility, fairness, purpose, and reward coexist, rather than compete.”

Key findings from REBR 2026:

Job Security Is Built on Recognition, Continuity and Transparent Communication

Performance recognition and career continuity (47%), alongside reliable pay and benefits (47%), are the strongest foundations of job security in India. Transparent and trustworthy communication (46%) follows close behind, underscoring that talent want to feel informed and supported, not just financially reassured.

Career Growth and Development Opportunities Lead the Secondary Benefits Agenda

All major secondary benefit categories are rated as highly important, with career and development benefits (90%) leading a tightly grouped set that includes workplace comfort, flexible work, health and wellbeing, and retirement and financial security (all 89%).

A Good Work Environment Defines Work-Life Balance

A good work environment (52%) is the primary driver of a healthy work-life balance in India, followed by personal growth and fulfilment (40%), flexible work arrangements (35%) and health and wellbeing support (35%). Women are slightly more likely than men to link work-life balance to flexible work arrangements (37% vs. 33%).

Digital Talent Have the Strongest Reward and Growth Expectations

Across specializations, expectations are broadly aligned, but digital talent stands apart: they prioritise competitive salary (73%) ahead of work-life balance, and are 55% more likely to leave due to lack of career growth, compared with 40% for operational and 43% for professional talent.

Note:

Operational: Involving talent across BFSI, consumer retail, manufacturing, logistics & supply chain, and managed services.

Professional: Involving talent across finance, back office & customer support, HR, admin & legal, pharma, healthcare & life sciences, engineering & high-value search.

Hybrid Working Is Now the Norm

Around 3 in 5 talent in India work remotely at least some of the time, primarily through hybrid arrangements (42%). Younger talent are more likely to work at least partly remotely — 63% of Gen Z and 62% of millennials versus 51% of Gen X.

About Randstad India: Randstad India is a leading talent company providing services across four key specializations - operational talent solutions, professional talent solutions, digital talent solutions, and enterprise talent solutions. Randstad also operates the Randstad Global Capability Center in India, which plays a key role in driving strategic delivery across Randstad’s global markets and businesses. Randstad India is committed to providing equitable opportunities to people from all backgrounds and helping them remain relevant in the rapidly changing world of work. The organization has a deep understanding of the labour market to help clients create high-quality, diverse, and agile workforces they need to succeed. In the process, the organization helps talent secure meaningful roles, develop relevant skills, and find purpose and belonging in their workplace.

Randstad India has been a leading player in the industry for more than 30 years and continues to deliver innovative and specialized talent solutions to clients across sectors. Randstad is a global talent leader with the vision to be the world’s most equitable and specialized talent company, active in 39 markets across the globe. For more information, see: www.randstad.in

About Randstad: Randstad is the world’s leading talent company with the vision to be the world’s most equitable and specialized talent company. We are a partner of choice for talent and clients. We have a deep understanding of the labor market and through our four specializations – Operational, Professional, Digital and Enterprise – help our clients create the high-quality, diverse and agile workforces they need to succeed. We are committed to providing equitable opportunities to people from all backgrounds and help them remain relevant in the rapidly changing world of work. Through the value we create, we are committed to making the world of work better for all.

Headquartered in the Netherlands, Randstad operates in 39 markets and has approximately 38,000 employees. In 2025, we supported nearly 150,000 clients and over 1.7 million talent, generating a revenue of €23.1 billion. Randstad N.V. is listed on the Euronext Amsterdam. For more information, see www.randstad.com    

Goldmedal Electricals Wins Red Dot Award 2026 For Two Exceptional Design Innovations

* ROOTS Modular Lighting System and VOID BLDC Fan Receive Global Recognition for Design Excellence

Goldmedal Electricals, one of India’s leading Fast Moving Electrical Goods (FMEG) companies, has been honoured with the prestigious Red Dot Award 2026 for two standout design innovations, the ROOTS Modular Lighting System and the VOID BLDC Fan. This global recognition celebrates the highest standards of product design, innovation, and aesthetic excellence.

The Red Dot Award is one of the most respected design accolades worldwide. Winning this honour underscores Goldmedal’s commitment to creating products that seamlessly blend intelligent functionality, nature-inspired aesthetics, and contemporary design.

ROOTS Modular Lighting System

The ROOTS Modular Lighting System impressed the jury with its nature-inspired modular design and intelligent responsiveness. It redefines lighting by actively responding to indoor air quality, creating a more harmonious and adaptive living environment. The ROOTS Modular Lighting System has also won the iF Design Award 2026.

VOID BLDC Fan

The VOID BLDC Fan was recognised for its distinctive sculptural design that masterfully combines innovation, functionality, and modern aesthetics. It transforms a functional ceiling fan into a bold design statement, reflecting Goldmedal’s design-forward philosophy.

Speaking on the recognition, Kishan Jain, Director, Goldmedal Electricals said, “Winning the Red Dot Award is a proud moment for us and reinforces our belief in the strength of the Make in India movement. It's incredibly encouraging to see products designed and manufactured in India being recognised on the global stage. Awards like these reaffirm our commitment to creating products that combine innovation, functionality, and a superior user experience, while showcasing India's growing capabilities in product development and manufacturing.”

Bishan Jain, Director, Goldmedal Electricals added, “At Goldmedal, our focus is on creating products that bring greater ease, intelligence, and beauty to everyday living while maintaining the highest standards of design and innovation. Winning the Red Dot Award 2026 for ROOTS and VOID is a proud validation of this commitment and reflects our team’s dedication to excellence.”

This double win further strengthens Goldmedal Electricals’ reputation for delivering thoughtfully designed, high-quality electrical and lifestyle products.