Business Today

GROWTH CHALLENGE

THE SWIFTNESS OF the change in leadership at Wipro highlights the scale of challenges that have plagued the IT major. Right on top of that list is the company’s financial performance, with net profit falling year-on-year in the fourth quarter of financial year 2023-24 (Q4FY24). Then there are the departures of around 10 senior leaders in 2023.

These factors together led to the premature exit of Thierry Delaporte as Wipro’s CEO and MD, and the selection of internal candidate

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today1 min read
Top Billing
THE AVERAGE CEO COMPENSATION IN INDIA HAS INCREASED TO ₹13.8 CRORE, NEARLY 40% HIGHER THAN THE PRE-PANDEMIC YEAR OF 2020 *WITH LONG-TERM INCENTIVES, MOSTLY PAID THROUGH SHARE-LINKED INCENTIVES; FIGURES IN BRACKETS INDICATE CAGR  SOURCE DELOITTE INDIA
Business Today6 min read
The Wait For Higher Pension
THE SUPREME COURT IN ITS RULING ON NOVEMBER 4, 2022, UPHELD THE VALIDITY OF THE EPS AMENDMENTS OF 2014 IT STRUCK DOWN THE NEED FOR EMPLOYEES’ CONTRIBUTION OF 1.16% FOR HIGHER PENSION IT GAVE FOUR MONTHS TO ELIGIBLE EMPLOYEES WHO DIDN’T OPT FOR HIGHER
Business Today1 min read
Steve Jobs Of India
A true Technology Visionary Entrepreneur, Pioneer in Indian Technology World, Known as the “Steve Jobs of India” and “Guru in Semiconductors”, INDRAJIT SABHARWAL Founder and Chairman of SIMMTRONICS SEMICONDUCTORS holds Engineering and Post Graduate M

Related Books & Audiobooks