MAM
Nirvana Digital’s Spiritual channel – Spiritual Mantra cross 3 million subscribers; now available on TATA Sky and Airtel DTH
MUMBAI: Nirvana Digital, one of the leading YouTube Rights Management companies in India announced that its spiritual channel – Spiritual Mantra – has crossed a total of over 3 million subscribers. Launched in 2012, the channel is a one-stop destination for Bhajans, Kirtans and Mantras. It also offers Meditation Videos for stress relief and improved quality of life.
The YouTube channel has served more than 6 billion minutes of video to audiences across all age groups. The majority of the video consumption has been from 18-44-year-old audiences in Tier 1 and 2 cities across India.
Content from Spiritual Mantra is now available on multiple platforms including Tata Sky (Channel 201) and Airtel DTH (Channel 125) as a daily morning show. Nirvana Digital is also working with the leading music and video OTT platforms globally to create curated spiritual content offerings for their global audiences.
Pinakin Thakkar, CEO, Nirvana Digital said, “Video consumption in India is growing at an exponential rate and we are elated to cross this milestone in the Spiritual Content space. Spiritual Content has a very strong and loyal following. We are excited to see this growth and look forward to building out more content for our audience.”
Manu Kaushish, Co-Founder of Nirvana Digital said “We are excited to offer Spiritual Mantra on TATA Sky and Airtel DTH. Over the past year, we have seen an 80% jump in the viewership on our channel and this shows that there is sizeable untapped demand for our content. According to BARC, there has been a 5-fold increase in devotional channel viewership from the 2016-2018 period, and its increasingly becoming an important area for brands to reach a strong and loyal audience base. We will soon be launching our Spiritual Mantra App, which will be available on Android, iOS and other connected TV platforms to offer a premium ad-free subscription service to our worldwide fans.”
The Nirvana Digital Network includes channels across the most viewed categories on YouTube including Film, Television, Spiritual, Music, Comedy, Education, Kids and Top Independent artists like Bohemia and Devika. Besides being a leading video network, Nirvana Digital is also a rights management, channel optimization and multi-platform digital distribution company. Content from Nirvana Digital’s partners is available on platforms including YouTube, Amazon, Netflix, MX Player, Apple iTunes, Spotify, Dailymotion and more.
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.
