MAM
IPL hits Hindi GECs hard, knocks off 110 GRPs
MUMBAI: The Indian Premier League (IPL) has come back to haunt the Hindi general entertainment channels (GECs) again as the cricketing extravaganza has shaved off 110 GRPs from the Hindi GECs in the week ended 6 April.
The genre has seen a greater loss this year as compared to last year when it lost 51 GRPs in the opening week of the tournament.
According to ZenithOptimedia managing partner Navin Khemka the IPL matches this year are more interesting and hence are attracting more viewers. “IPL this season has gained at the cost of Hindi GECs. This year has seen considerable increase in the viewership as the quality of the matches have improved.”
When asked if Hindi GECs were not prepared for IPL, Khemka averred, “If the matches are more interesting and are doing well, I don‘t think Hindi GECs can do much to retain their audiences.”
The week saw a shuffle in the ranking of top four Hindi general entertainment channels as Sony Entertainment Television (Set) went past Colors adding an extra eight GRPs to occupy the third spot on the Hindi GEC hierarchy.
As per TAM data (HSM including 5 new LC1 markets, C&S, 4+) sourced from a channel, Star Plus continued to maintain its leadership position. The broadcast of Salman Khan-starrer Dabangg 2 on 31 March notched up 4.9 TVR. The channel lost seven GRPs to clock 284 GRPs.
Star Plus had also launched a new dance reality show titled ‘Nach Baliye Shriman vs Shrimati‘, an extention of Nach Baliye, that debuted with 2.3 TVR on 6 April.
Following Star Plus is Zee TV that lost 22 GRPs to register 185 GRPs. All the shows of the channel have seen loss in viewership.
Meanwhile, despite the loss of 11 GRPs, Set managed to move a step ahead, displacing Colors at No. 3. Its crime-based properties Adaalat ( 1.2 TVR), CID ( 2.2 TVR) and Crime Patrol (2 TVR) continue to drive majority of the audience for the channel that closed the week with 164 GRPs (last week 175).
Colors lost the most this week as it lived without a single 3+ TVR show. All the shows of the channels have seen drop in numbers. The channel had earned a few points last week as it had aired Femina Miss India 2013 on 24 March. For the week under review, Colors lost 35 GRPs to record 156 GRPs.
Set‘s sister Hindi GEC Sab maintained its grip at the No. 5 spot despite losing more audience than Star Plus‘ second rung Hindi GEC Life OK. Sab lost 22 GRPs to end the week with 137 GRPs, while Life OK ended the week with 110 GRPs (last week 119).
Sahara One with 18 GRPs (last week 22) stood at the bottom of the ladder.
Brands
Wipro hires 7,500 freshers, withholds FY27 hiring outlook
Profit rises to Rs 3,522 crore, Rs 15,000 crore buyback announced.
MUMBAI- Hiring may be on, but visibility is off, Wipro is adding talent even as it pauses the crystal ball. The company hired 7,500 freshers in FY26 but stopped short of offering any hiring outlook for FY27, underscoring the uncertainty gripping the IT services sector as it pivots towards an AI-led operating model.
The disclosure came alongside its fourth-quarter earnings, where management flagged volatile demand conditions and refrained from committing to future workforce expansion. Chief human resources officer Saurabh Govil noted that over 3,000 of the total hires were onboarded in the March quarter alone, signalling continued intake despite a lack of clarity on deployment pipelines.
This divergence active hiring without forward guidance reflects a broader industry pattern where talent acquisition continues even as deal conversions remain uneven and client spending cycles stretch. Wipro expects its IT services revenue for the June quarter to range between a decline of 2 per cent and flat growth sequentially in constant currency terms, reinforcing near-term caution.
Chief executive officer Srini Pallia pointed to artificial intelligence as both a disruptor and an opportunity. He said evolving client priorities are pushing the company towards outcome-driven engagements, with Wipro increasingly focusing on a services-as-software model through its AI Native Business and Platforms unit. The shift marks a structural change from traditional headcount-led growth to AI-enabled delivery frameworks.
The company has already committed over $1 billion to its AI ecosystem, with investors closely watching how these investments translate into revenue. For now, the numbers present a mixed picture. Net profit rose sequentially to Rs 3,522 crore, while revenue grew 3 per cent to Rs 24,236 crore. However, core IT services performance remained under pressure, with full-year revenue declining 0.3 per cent in dollar terms and 1.6 per cent in constant currency.
Large deal bookings offered a counterpoint, rising 45.4 per cent year-on-year to $7.8 billion, highlighting a widening gap between deal wins and actual revenue realisation. On a quarterly basis, IT services revenue slipped 1.2 per cent sequentially, signalling continued softness in execution.
Margins, however, told a more optimistic story. Operating margins expanded to 17.3 per cent in the fourth quarter, up from 14.8 per cent in the previous quarter, reflecting improved cost discipline. That said, the company cautioned that upcoming wage hikes and the ramp-up of large deals could exert pressure going forward.
Attrition stood at 13.8 per cent in the March quarter, indicating stabilisation after periods of elevated churn. Alongside its earnings, Wipro also announced a Rs 15,000 crore share buyback, reinforcing its focus on shareholder returns, with a payout ratio of 88 per cent over the past three years.
Taken together, the numbers capture a company in transition investing in AI, maintaining hiring momentum, but navigating a demand environment where growth is uneven and visibility remains limited.
