MAM
Anand Thakur to spearhead Jubilant FoodWorks new digital team
MUMBAI: Jubilant FoodWorks Ltd has announced the creation of a new digital team to spearhead the technology and digital thrust of the company, to be headed by Anand Thakur as its Chief Digital Officer.
Jubilant FoodWorks CEO Limited Pratik Pota says, “Earlier this year, we had unveiled our Strategy for Growth, as part of which we had identified Digital Transformation as a key pillar. Pursuant to this, we are creating a full-fledged Digital team that will look at improving our customer experience through upgrading our Digital assets, driving data analytics, improving our store technology and strengthening our digital marketing.”
“I am delighted to announce that Anand Thakur will be joining us and leading this exciting growth agenda. Anand comes with a wealth of experience in Digital and Technology across different organisations We are confident that Anand will be instrumental in helping us build a digital organisation which is agile & capable of delivering a smooth and seamless customer experience across all access points,” he adds.
Anand Thakur chief digital officer says, “I am thrilled to join an iconic company like Jubilant. The Domino’s brand has redefined the use of technology in the business of food delivery and with an interesting road ahead, I am excited to be part of its transformational journey.”
Currently, Anand is Chief Technology Officer with Koovs.com, an e-commerce platform and is also an ex-entrepreneur and a computer scientist with over 14 years of experience. He will be joining Jubilant FoodWorks Limited soon. Anand’s areas of expertise lie in ecommerce, application design and architecture, managing start-ups, software development and product management among others. He has previously worked with brands such as Lenskart, Adobe, Perot System and Infosys. He also had a brief stint as an entrepreneur with his venture EasyRation.
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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.
