Brands
Nayanthara and Vignesh Shivan launch 9Skin to redefine skincare in India
Mumbai: Renowned actor Nayanthara, director Vignesh Shivan, and serial entrepreneur Daisy Morgan recently announced the launch of their latest venture 9Skin, in the skincare segment, with a significant undisclosed investment. 9Skin is a revolutionary brand that aims to bring about a remarkable transformation in skincare, with a fresh perspective on self-care and beauty. Nayanthara and Vignesh have previously invested in the beverages chain Chai Waale.
As per projections by Research and Markets, India’s skincare products market is estimated to reach $10.31 billion by 2028, at a CAGR of 8.25 per cent. This industry has undergone a transition in recent years with an emphasis on products that are clean, effective, and ethical.
9Skin’s comprehensive range of skincare solutions prioritizes both well-being and beauty. Rooted in self-care and authenticity, the brand’s mission is to provide individuals of all skin types and backgrounds with access to products that are high-quality and free of cruelty, parabens, and harmful chemicals.
Speaking about this, 9Skin co-founder Nayanthara said, “Skincare has been an integral part of my life for years. Being a part of the film industry since a long time, I am well-versed with how important it is to keep the skin healthy with products that are suited to every skin type. I am passionate about products that ensure the well-being of the skin without harming it in any way and this was also the inception point for 9Skin. Our investment in this brand is testament to the fact that we want everyone to be able to experience the magic of a healthy skincare routine with products that match their needs.”
Adding further, 9Skin co-founder Vignesh Shivan said, “Our journey with 9Skin has been incredibly enriching. We have put our hearts into creating a brand that stands for authenticity, quality, and inclusivity, because we believe that everyone deserves access to skincare that empowers and uplifts. It’s a privilege to bring these products to the world, a testament to our commitment to redefining skincare embracing a new era of self-care and self-expression.”
9Skin co-founder Daisy Morgan said, “Skincare is an essential part of every person’s health and wellness today. Identifying the need to transform the approach to development of skincare products, we have now launched 9Skin, a brand that is not only going to ensure good skin health for the consumers, but will also mitigate the environmental impact of various processes associated. We have curated and developed the products after extensive and thorough research and aim to empower individuals to embrace their natural beauty and well-being.”
9Skin will make its initial debut by launching its premium line of skincare products in three vibrant markets: Singapore, Malaysia, and India. These strategic choices reflect the diverse skincare needs and burgeoning beauty industries in these countries. 9Skin’s commitment to accessibility and inclusivity knows no bounds, as it brings the best in skincare to a global audience.
9Skin’s launch marks a significant step forward in the ever-evolving skincare industry. Their product range is meticulously curated to cater to the unique skincare needs of individuals, offering an experience that goes beyond the surface. Some of the products include SKINTILLATE – Booster Oil, REJUVENATE – Night Cream, ETERNELLE – Anti-Aging Serum, ILLUMINATE – Glow Serum, REVIVE – Day Cream.
With 9Skin, Nayanthara, Vignesh, and Daisy invite people to embark on a journey of self-love and care. As the brand prepares to debut in three countries, it is set to make waves in the global skincare landscape, setting new standards for beauty and self-care.
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.
