MAM
Vice India raring to break into a sprint
MUMBAI: Vice India is betting big on its creative agency Virtue Worldwide, which has helped provide solutions to brands in several markets. Among the brands under its banner are ABInBev, Samsung, Uber, Airbnb and Google.
Now, the agency within the Shane Smith, Suroosh Alvi-founded outfit is rolling out its suite of brand solutions in India. Among the first partnerships, it has announced, is the one with PepsiCo’s Mountain Dew.
The collaboration will see the Vice crew follow and explore the journey of a real-life hero Arjun Vajpai as he attempts to climb Mt Kangchenjunga – one of the most difficult summits to conquer.
“We are excited to be the first to work with Vice India, that aims to be the vehicle and voice for the Indian youth. This partnership represents the convergence of two brands coming together to tell an inspiring story of courage to millions of young consumers across the country,” says Pepsico India associate director –Mountain Dew Naseeb Puri.
Adds Vice India chief executive officer Chanpreet Arora: “We are happy partnering with PepsiCo on one of our first content pieces in India so that the stories we want to tell reach out to the country with the help of one of India’s biggest and most recognisable brands.”
Arora, along with head of content Samira Kanwar, has been working on roping in more than 40 young journalists, editors, producers and creatives in India to focus on content production, editorial, creative services and content distribution. The focus, according to a Vice India release has been to put in place “a local, young and experienced leadership team, deeply embedded in the culture of India.”
She hopes that other brands will sign on with Vice India, which is being positioned as a full-scale media company with content at its centre and a multi-platform distribution plan – producing scripted, film, news and culture content from India for television, SVOD, OTT and digital platforms. The launch date is planned for April, and the teams in both the cities have been working at a frenetic pace to get things up and running by D-Day.
Points out the Delhi-based Arora: “We are committed to building a company that speaks to a generation that is defining today’s cultural conversation in India and that is based on values of empathy, equality and inclusion. All our decisions, including choice of partners, must reflect this core belief.”
Vice India’s planned local content will span conversations across topics like food, music, sex, identity, nightlife, arts, politics, literature, and comedy, showcasing the realities and diverse aspects of India without conforming to the boundaries set by multiple languages or cultures.
Reveals the Mumbai-based Kanwar who is spearheading all the content offerings that Vice will dish out: “Content sits at the centre of everything we do. We hope to create content and experiences that matter to India’s youth irrespective of the language or regions we come from. Vice India will be a platform for young people to speak up, be heard and also feel at home about their own identities and ideas.”
Adds Vice CEO Asia Pacific Hosi Simon: “Vice India’s goal is to be deeply locally relevant for youth across all parts and cultures of India. We are very thankful for our partnership with The Times of India, led by Times Bridge. Together, we have architected as ambitious a launch as Vice has put together anywhere in the world.”
The Times Group investment arm Times Bridge CEO Rishi Jaitly, highlights that Vice India is poised to delight millennial and GenZ audiences across the country from day one. Says he: “The stories and experiences produced by Vice India will engage youth culture here in a manner not previously seen. We’re proud of our team and look forward to a breakthrough 2018.”
For Vice globally, one of the big changes that happened earlier this month was the elevation of Shane Smith as executive chairman from CEO and the stepping in of former A+E Networks CEO Nancy Dubuc as his replacement. A&E was one of the earliest investors in Smith’s vision for Vice. Smith was kicked upstairs to focus on content creation and forging strategic deals and partnerships to grow the company.
Also Read :
Chanpreet Arora appointed CEO of Vice Media India
Vice Media to launch Vice India on April 2
Vice Media to build largest OTT platform, expand to 80 markets by early ’18
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.
