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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
The weakest of India’s top four IT services companies desperately needs a turnaround expert. Its new French CEO is the man for the job.
Late last week, Thierry Delaporte was named CEO of Wipro Ltd.
The company had spent four months searching, entrusting Egon Zehnder, the famed Swiss headhunting firm, to help them find the successor to outgoing chief Abidali Neemuchwala.
Egon—which had in 2017 helped Wipro’s larger rival Infosys Ltd bring in its current CEO, Salil—submitted a long list of candidates to the Wipro board by mid-February, which was whittled down to three. The three executives then had a meeting with the eight-member board, including executive chairman Rishad Premji, and another meeting with founder-chairman Azim Premji over a weekend in March at Wipro’s …
Trump’s policy shift has hit the IT major’s healthcare business hard. Investors would do well to understand how that is playing out for Wipro’s overall business.
Once seen as a threat, global capability centres appear to be becoming a potential growth driver for the country’s IT giants.
TCS CEO Krithivasan’s stunning disclosure lays bare a bind: AI is forcing IT services giants to give away a chunk of renegotiated contract value, even as new revenue remains lumpy and uncertain.
