MAM
Juhi Ravindranath is the new chief business officer of Qube Cinema
Mumbai: Qube Cinema has appointed Juhi Ravindranath as chief business officer. Juhi Ravindranath has more than two decades of experience in renowned companies like Star India, NDTV, and Tuner International.
Ravindranath will explore new frontiers in building the category of in-cinema advertising and identifying and developing new avenues for growth in the larger content ecosystem.
On appointment, Juhi Ravindranath said, “I am extremely excited to join the world of Qube. Being an avid film buff… I see great potential in this business,” Ravindranath said in a press release. “Qube Cinema Network has an impressive roster of theatres and a highly motivated and passionate team of people that I look forward to working with.”
Qube Cinema Network offers in-cinema advertising inventory across a network of more than 2800 screens (more than 1380 multiplex screens and 1420 single screens) covering 1,100 cities.
Qube’s CEO Harsh Rohatgi said, “The post-pandemic resurgence of the industry has been phenomenal with record footfalls and box office collections. This has opened up further opportunities for Qube to help our theatre partners to enhance the quality of the cinema experience, while also our production partners look to cater to more audiences with their films,”
“With Juhi joining the team, we look forward to pushing the envelope across the businesses of cinema advertising and new avenues of content distribution,” he added.
At Qube, Juhi will be based out of Mumbai and work with the QCN teams across the country.
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.
