MAM
L&K Saatchi & Saatchi strengthens planning team
NEW DELHI: L&K Saatchi & Saatchi India has strengthened its core planning team across its offices in India. To begin with, the agency has roped in Anuraag Shrivastav as vice president – planning, North. He will be based out of New Delhi and report to Snehasis Bose, Executive director, L&K Saatchi & Saatchi India.
As VP, his mandate would be to contribute significantly to brand strategy, build strong relationships with clients, and also to manage and lead the internal strategy team while also playing an active role in the deployment of strategic plans.
Apart from Shrivastav, the agency has also appointed Shalaka Pradhan as brand strategy director. She will be based out of Bangalore and will also report to Snehasis Bose.
Anuraag joins L&K Saatchi & Saatchi from FCB Ulka where he was senior brand planning director. He has also been with Enormous Brands and J Walter Thompson in the past and has worked on brands like Pepsi, Mountain Dew, Horlicks, Domino’s, Vistara, National Geographic, OLX, Motorola, Dish TV, Quaker, Aquafina, Hero, among others.
Pradhan joins L&K Saatchi & Saatchi from Publicis India where she was brand director Рstrategy. Prior to Publicis, she has also had enriching stints at Creativeland Asia, FCB Ulka, Cogito Consulting and Grey India. Some of the brands that she has been actively involved in include Nivea, Zee Caf̩, Zee Marathi, Lakm̩, Havmor, etc.
Snehasis Bose said: “Truth is I have been trying to work with Anuraag since 2015! His experience and freshness + understanding of culture and brands + can-do attitude = the strategic-superpowers our clients need and want!! Am really happy that our stars finally aligned!!!”
As for Pradhan joining in, he added, “Shalaka with her consistent curiosity, her asking of ‘what if?’ is a great fit with the spirit that drives the L&K Saatchi & Saatchi strategic approach. Combined with her solid experience, I believe she will bring the just-right fillip to the Planning team and our clients.”
Shrivastav said: “L&K Saatchi & Saatchi offers an interesting and wide range of brands that push you to adapt and think in different ways. It also supports a culture that encourages breaking norms and questioning the limits of possibility… where you are not constrained by the conventions of what has worked in the past.”
On his plans for the agency, Srivastav added: “The energy of the place is amazing and there’s a constant push to break out and do new things. The culture is collaborative and I look forward to partnering the teams in creating good work.”
Adding her views, Pradhan said: “Having been a part of the Publicis Groupe in the past, I am excited to come back as a part of the L&K Saatchi & Saatchi team. Over here, there’s a pulsating drive to put out the best work every day. The vibe here is upbeat and I’m looking forward to creating good work and working with some great clients here.”
Both the appointments play a crucial role in L&K Saatchi & Saatchi stepping up its offerings to its clients and also beefing up its leadership teams in key markets like the North & East, which contribute significantly to the agency’s overall growth. Srivastav joins in the North alongside Atin Wahal, who recently was appointed as EVP & head of north and east markets for L&K Saatchi & Saatchi India.
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.
