MAM
Grafdoer recommences production with a brand-new line of Hygienic Touch-less Products
New Delhi : To curb the spread of novel Coronavirus, companies across various sectors are diversifying their inventories with new and innovative products to meet the growing need of consumers. Kitchen and Sanitary-ware brand Grafdoer announced the commencement of its production of new touch-less product range which comprises products such as – touch-less faucets, touch-less sanitizer and soap dispensers, hand dryers, etc which will be soon available in the market at an affordable price.
The inventory includes automatic sensor faucets, self-closing taps, pedal control taps for basins and automatic soap/sanitizer dispensers. All the products produced by Grafdoer allows hand-free accessibility and easy-to-operate mechanism. The touch-less faucets range is designed by intelligent computerized means which also ensures a reduction in water wastage up to 70%. Developed under top quality standards, the entire product range also comes with standard warranty. Keeping the current pandemic in mind, the touch-less series is specially designed to provide maximum safety in offices, public utility areas such as gyms, lounge, restaurants, institutions, and homes as well.
The novice product range is scheduled to be up for sales in June and will be easily available across all retail stores. Grafdoer through its new product range wants to provide a promise of utmost safety and hygiene while ensuring easy installation and secured after-sales services at a consumer-friendly price range.
Commenting on the same, Mr. Vinay Jain, Founder, and CEO, Grafdoer added “Necessity is the mother of Invention. Dealing with the pandemic and making the most out of it while at the same time providing our customers with best-in-class and innovative products is the need of the hour. At Grafdoer, we are working 24/7 to serve our customers with quality products ensuring proper hygiene as well. Our new Touch-less series aims at catering to the growing customer need for products that ensure proper hygiene without compromising on the safety and quality of the products and that too at an affordable price.”
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.
