MAM
Mumbai Marathon: Media professionals run for a cause
MUMBAI: On the day that Mumbai runs, it’s another city altogether. No honking, no mad rush to reach somewhere, but an army of runners, who want to test their limits, painting a healthier sight of the maximum city.
Keeping aside the usual business suits, a whole bunch of executives right from broadcast companies, media agencies to marketers and advertisers will once again don their running shoes as they join others for the 2015 edition of the Mumbai Marathon.
The largest marathon in south east Asia, which will take place on 18 January, will see media veteran Bharat Kapadia running half marathon; his 12th marathon, overall. “Last year, I ranked 47th in my category. I started running at the age of 54. I have been training with a group called ‘Be Fit’ and we have been practicing on alternate days from 6 am to 8 am at Juhu Beach,” he says proudly.
Kapadia believes that for people, who are hesitant to run, it’s all a mind game. “Anybody can run. 75 per cent of it is a mind game. No one is a born athlete. Also, the benefits of running versus that of visiting a gym can’t be compared,” he adds.
Agrees his follow runner, HDFC Life marketing, product, digital and e-commerce senior executive vice president Sanjay Tripathy. “It is a great way to test your limits and prepare your mind for bigger challenges in the life. One can also see it as an opportunity to meet like-minded people,” he says, while adding that he will be running his seventh marathon for which he has been preparing for three months now.
For Spatial Access founder Meenakshi Menon running the dream marathon is like child’s play. A regular runner, Menon will be running for her NGO Vanashakti along the likes of film director Namita Roy Ghose. “Lately, running has become sexy so a lot more people are up for the challenge. I believe everyone should run for a cause because the country lacks social compassion and to be great country it is a must,” she opines.
India chairman and managing director Sunil Lulla will be running the half marathon with two partners of which one is physically handicapped. “I will be running for Children’s Movement for Civic Awareness,” says Lulla who is running his sixth marathon.
Media agency Vizeum India managing director Yesu Yesudas is running the marathon. And he has taken to social media to raise funds for two of his causes: an old age home and orphanage Swagat Ashram in Mumbai, and a tribal school Vidya Vanam in Tamil Nadu. “I have a desire to raise Rs 500,000 for these two causes. I am making a personal contribution of Rs 100,000,” he announced on Facebook. And he went on to urge his friends to contribute Rs 2,000 each to help him reach his goal.
GroupM ESP entertainment, sports and live events national director Vinit Karnik says that the property has been evolving over a period of time and it is highly commendable. “The organisers i.e. Procam have done a fantastic job and it is one of the most well respected and well organised sports property in India. Right from the registration of the participants to the doubts of the participants on the actual day about their well being is taken care of completely by the organizers,” he highlights.
This year five new brands, namely Cigna TTK, Jabong.com, Volini, TUI, and India Cares Foundation have associated with the event as health insurance, online retail, recovery, travel and philanthropy partners, respectively.
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.
