• Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Ris ...More

    Wipro CEO Srinivas Pallia's compensation decreased to $5.29 million in FY26, while executive chairman Rishad A Premji earned $773,213. The company's FY26 revenue saw a modest increase, with a focus on AI and strategic acquisitions to drive future growth amidst cautious client spending. ...Less

  • Wipro's market cap soared by Rs 1.36 lakh crore in 4 years under Thierry Delaporte, elevating shares by 1 ...More

    Wipro's market cap soared by Rs 1.36 lakh crore in 4 years under Thierry Delaporte, elevating shares by 116%. Srinivas Pallia succeeded him as CEO. Aparna Iyer was named CFO, maintaining internal leadership transition. ...Less

  • Thierry Delaporte needs to “re-energize” the leadership team, turnaround failing businesses and drive gro ...More

    Thierry Delaporte needs to “re-energize” the leadership team, turnaround failing businesses and drive growth. ...Less

  • After a firm opening, scrip of the IT services major further rose 3.73 per cent to Rs 206.75 on BSE.It ad ...More

    After a firm opening, scrip of the IT services major further rose 3.73 per cent to Rs 206.75 on BSE.It advanced 3.73 per cent to Rs 206.80 on NSE. ...Less

  • Delaporte also said the company had taken a “pragmatic” approach to its future workplace model and was st ...More

    Delaporte also said the company had taken a “pragmatic” approach to its future workplace model and was still trying to understand what works best for employees. ...Less

  • Wipro CEO Thierry Delaporte discussed the company's Q2 performance and the challenges posed by a slowing ...More

    Wipro CEO Thierry Delaporte discussed the company's Q2 performance and the challenges posed by a slowing market and reduced discretionary spending. He emphasized that there have been no client cancellations or one-off events, but rather a decrease in discretionary spending. Delaporte also noted that the consulting business has been impacted by the slower market. The company's CFO, Aparna Iyer, mentioned that Q3 will be a challenging quarter due to seasonality and wage hikes. However, Wipro remains positive about their strong deal wins and pipeline ...Less

  • For the second consecutive year, Thierry Delaporte, the former managing director and CEO of Wipro, became ...More

    For the second consecutive year, Thierry Delaporte, the former managing director and CEO of Wipro, became the highest-paid CEO in the IT sector in FY24. ...Less

  • Wipro is learnt to have won a contract from US cosmetics maker Estee Lauder worth $500 million, making it ...More

    Wipro is learnt to have won a contract from US cosmetics maker Estee Lauder worth $500 million, making it a significant deal under CEO Thierry Delaporte. Wipro will provide application development & maintenance and infrastructure management services. ...Less

  • Acquisitions will be part of our agenda. There are positions to take, we will continue to look for compan ...More

    Acquisitions will be part of our agenda. There are positions to take, we will continue to look for companies that are reinforcing our position in areas that we feel are strategic; it can be a specific market, industry or technology, said Thierry Delaporte replying to a question. ...Less

  • Wipro CEO Thierry Delaporte's resignation: Shares fall as quick turnaround unlikely

    Investors will await clarity on any strategic or organisational changes and capital allocation from new C ...More

    Investors will await clarity on any strategic or organisational changes and capital allocation from new CEO and MD Srini Pallia. ...Less

  • Who is Srini Pallia, Wipro's new CEO and MD?

    Pallia succeeds Thierry Delaporte, who is stepping down to "pursue passions outside the workplace", the c ...More

    Pallia succeeds Thierry Delaporte, who is stepping down to "pursue passions outside the workplace", the company said in a statement. ...Less

  • Wipro beats Cognizant in market cap

    Wipro has gone past Cognizant in market capitalisation and is now the fourth-most valuable IT services fi ...More

    Wipro has gone past Cognizant in market capitalisation and is now the fourth-most valuable IT services firm globally after Accenture, TCS and Infosys, signalling renewed investor confidence in the Bengaluru-based company nearly a year after its new chief executive officer Thierry ...Less

  • Capgemini names Anirban Bose as head of its financial services business

    Anirban Bose succeeds Thierry Delaporte who has become the group’s chief operating officer and is conside ...More

    Anirban Bose succeeds Thierry Delaporte who has become the group’s chief operating officer and is considered one of the successors to chairman Paul Hermelin. ...Less

  • Investing in right capabilities and have a differentiated offering is crucial for Wipro: Thierry Delaporte, CEO at Wipro

    Wipro CEO Thierry Delaporte said his five-point strategy and focus on clients is aimed at taking the IT s ...More

    Wipro CEO Thierry Delaporte said his five-point strategy and focus on clients is aimed at taking the IT services provider back to the top. ...Less

  • Wipro may offer AI tool Ethica to clients as the CEO looks to revamp digital technology-based solutions

    New CEO Thierry Delaporte looks to ramp up internal tech offerings, hence Wipro's Ethica can help compani ...More

    New CEO Thierry Delaporte looks to ramp up internal tech offerings, hence Wipro's Ethica can help companies ensure that their consumer-facing solutions are transparent, ethical and unbiased. It will also help in unbiased revenue forecasting for companies. ...Less

  • We must aim to achieve industry leading growth: Wipro CEO Thierry Delaporte wrote to staff

    The pandemic has “few parallels” in history and was a “defining period” for the industry & Wipro, Delapor ...More

    The pandemic has “few parallels” in history and was a “defining period” for the industry & Wipro, Delaporte said. ...Less

  • Wipro CEO Thierry Delaporte has my full support, board’s backing: Rishad Premji

    Experts have expressed concerns over Wipro's underperformance in terms of growth and operating margins co ...More

    Experts have expressed concerns over Wipro's underperformance in terms of growth and operating margins compared to its peers under Delaporte. Last month, Delaporte told ET that he had the full support of the board. ...Less

  • I was brought in to transform, take tough decisions: Wipro CEO Thierry Delaporte

    In an exclusive interview with ET’s Sai Ishwarbharath, Romita Majumdar and Surabhi Agarwal, Delaporte sai ...More

    In an exclusive interview with ET’s Sai Ishwarbharath, Romita Majumdar and Surabhi Agarwal, Delaporte said the company is taking bold bets and decisions in order to “transform.” ...Less

  • Thierry Delaporte right leader to take Wipro forward: Rishad Premji

    “The Board (of directors) and I are very excited about Thierry and his leadership. We have a strong partn ...More

    “The Board (of directors) and I are very excited about Thierry and his leadership. We have a strong partnership and a great working relationship. This is a new and exciting chapter in our journey. I have never felt more confident or excited about our future,” he added. Premji also outlined four to five fundamental changes in its strategies to drive growth. ...Less

  • Order book with key alliance partners will increase from 38% to 50% in a few years: Wipro CEO

    Speaking to Noshir Kaka, senior partner Mckinsey & Company, at the Nasscom Technology and Leadership Foru ...More

    Speaking to Noshir Kaka, senior partner Mckinsey & Company, at the Nasscom Technology and Leadership Forum on Wednesday, he added that companies can no longer exist as profit centers alone but have to become more efficient and responsible ecosystems which require complex digital solutions. ...Less

  • Wipro 3rd IT company to hit Rs 3 lakh crore mcap

    Wipro touched a record Rs 3 lakh crore (or Rs 3 trillion) in market capitalisation, becoming only the thi ...More

    Wipro touched a record Rs 3 lakh crore (or Rs 3 trillion) in market capitalisation, becoming only the third Indian IT company to do so after TCS and Infosys. ...Less

  • If I am a little ahead of the plan to beat rivals, that's okay: Wipro CEO Delaporte

    The company is working “very hard and we are executing on our strategy,” Delaporte told ET’s Alnoor Peerm ...More

    The company is working “very hard and we are executing on our strategy,” Delaporte told ET’s Alnoor Peermohamed & Raghu Krishnan in an interview. ...Less

  • Wipro sees four key executives quit since Delaporte's rejig effort

    Wipro’s new structure - with four Strategic Market Units and two Global Business Lines - will be effectiv ...More

    Wipro’s new structure - with four Strategic Market Units and two Global Business Lines - will be effective January 1. ...Less

  • 5G a ‘game changer’ to make factories smarter, speed up IT infrastructure: Wipro CEO Thierry Delaporte

    “Developing solutions leveraging 5G for our clients is critical...our strategy always is to stay as close ...More

    “Developing solutions leveraging 5G for our clients is critical...our strategy always is to stay as close as possible to the clients,” Delaporte said. ...Less

  • How Wipro CEO's salary compares with that of peers at TCS, Infosys

    Wipro CEO Thierry Delaporte received a total compensation of $8.8 million in FY21, regulatory filings sho ...More

    Wipro CEO Thierry Delaporte received a total compensation of $8.8 million in FY21, regulatory filings show, making him the highest paid chief executive among the country’s three largest software exporters. ...Less

  • Wipro to acquire cybersecurity consulting provider Edglie for $230 million

    The acquisition of Edgile, which offers consulting services for cybersecurity risk and compliance, inform ...More

    The acquisition of Edgile, which offers consulting services for cybersecurity risk and compliance, information and cloud security, and digital identity, will mark the Bengaluru-headquartered IT services giant’s tenth acquisition since Thierry Delaporte took over as CEO of the firm in October 2020. ...Less

  • Wipro's Pallia to moderate AI ‘crowdsourcing’ session with staff

    In what might also be considered crowdsourcing of ideas, new CEO Srinivas Pallia will moderate a virtual ...More

    In what might also be considered crowdsourcing of ideas, new CEO Srinivas Pallia will moderate a virtual session for staff on June 12 on ways to develop strategies to help clients in artificial intelligence. ...Less

  • Wipro Q3 profit grows 2.8%, revenue up 14.4%

    India's fourth largest software company said it expects its revenue in the current fourth quarter to be i ...More

    India's fourth largest software company said it expects its revenue in the current fourth quarter to be in the -0.6% to 1% range in constant currency, lower than analysts' forecast of 0-2% growth. ...Less

  • Wipro growth has been modest in the past: CEO

    "We will strengthen relations with strategic clients, win larger deals, and focus investment in industry ...More

    "We will strengthen relations with strategic clients, win larger deals, and focus investment in industry specific solutions," Delaporte said in an analyst meeting on Wednesday. Wipro's growth has lagged those of rivals like Infosys and TCS because of a host of factors, including weakness in the healthcare vertical in the US, problems with the Middle East business, and inability to win large deals. ...Less

  • Wipro crosses 200,000 employees mark

    Wipro will onboard 6,000 freshers during Q2FY22, the highest ever it has done and will also make offers t ...More

    Wipro will onboard 6,000 freshers during Q2FY22, the highest ever it has done and will also make offers to 30,000 freshers to join the company next year. ...Less

  • Overall outlook for tech services industry is still strong: Wipro CEO Thierry Delaporte

    In an interview with ET’s Sai Ishwarbharath, Romita Majumdar and Surabhi Agarwal Wipro CEO Thierry Delapo ...More

    In an interview with ET’s Sai Ishwarbharath, Romita Majumdar and Surabhi Agarwal Wipro CEO Thierry Delaporte said that though there could be a slowdown in ramping up larger programs, the demand outlook for the $227 billion IT sector remains “strong”. ...Less

  • Former Wipro CEO Thierry Delaporte recaps his four-year stint in email to staff

    Justifying his work in an email to employees at Wipro, Thierry Delaporte said that the IT services major ...More

    Justifying his work in an email to employees at Wipro, Thierry Delaporte said that the IT services major is seen as a “transformation partner” by its clients and is set for future growth. This even as Wipro has come under fire in the last few years for underperformance compared to its larger rivals. There has also been multiple senior level exits from the company. ...Less

  • Wipro became IT's CXO nursery under Thierry Delaporte

    During Delaporte's four years at Wipro, four Wipro former executives went on to become CEOs outside the c ...More

    During Delaporte's four years at Wipro, four Wipro former executives went on to become CEOs outside the company, while three became CFOs even as other senior leaders joined smaller and larger firms in top CXO roles. ...Less

  • Wipro CEO Delaporte is ‘cautiously optimistic’, cites robust deal wins, strong pipeline

    Thierry Delaporte told ET he was unperturbed about the senior-level exits over the past few months and te ...More

    Thierry Delaporte told ET he was unperturbed about the senior-level exits over the past few months and termed it “business as usual” ...Less

  • Acquisitions in underpenetrated spots, not looking at small targets: Wipro CFO Jatin Dalal

    The Bengaluru-based firm has been aggressively pursuing its inorganic strategy, with chief executive and ...More

    The Bengaluru-based firm has been aggressively pursuing its inorganic strategy, with chief executive and managing director Thierry Delaporte undertaking 12 acquisitions since he took over in July 2020. ...Less

  • Wipro CEO expects 30% growth, says 'big' purchase on cards

    Profitability will be tested in next few quarters by attrition and Capco impact, says Wipro CEO Thierry D ...More

    Profitability will be tested in next few quarters by attrition and Capco impact, says Wipro CEO Thierry Delaporte ...Less

  • Wipro’s $1 billion AI play will be self-financed: CEO Thierry Delaporte

    In an interview with ET’s Sai Ishwarbharath and Surabhi Agarwal, he said Wipro is betting big on artifici ...More

    In an interview with ET’s Sai Ishwarbharath and Surabhi Agarwal, he said Wipro is betting big on artificial intelligence. ...Less

  • Capgemini names Srinivas Kandula as Chairman, Ashwin Yardi as CEO of India operations

    Kandula and Yardi will report to Thierry Delaporte, Group Chief Operating Officer (COO), whose responsibi ...More

    Kandula and Yardi will report to Thierry Delaporte, Group Chief Operating Officer (COO), whose responsibility also includes Indian operations, it added. ...Less

  • Wipro will continue to grow while creating a more sustainable business, says CEO

    India's IT industry is expected to grow by double digits in the ongoing fiscal year on expected windfall ...More

    India's IT industry is expected to grow by double digits in the ongoing fiscal year on expected windfall large deals from customers in the United States and Europe, who are investing in technology to transform their businesses. ...Less

  • Wipro to reimburse cost of treatment beyond insurance coverage

    Company takes a slew of measures to support employees, their kin ...More

    Company takes a slew of measures to support employees, their kin ...Less

  • Wipro loses another top executive, chief growth officer Stephanie Trautman quits

    Trautman’s exit comes just days after the last day of Wipro’s former Chief Financial Officer Jatin Dalal, ...More

    Trautman’s exit comes just days after the last day of Wipro’s former Chief Financial Officer Jatin Dalal, who announced his resignation in September after his over two decade-stint at Wipro. ...Less

  • Wipro CEO Delaporte writes to digital natives in strategy to drive growth

    Last week, Delaporte wrote to junior employees, who are largely digital natives, for suggestions, as the ...More

    Last week, Delaporte wrote to junior employees, who are largely digital natives, for suggestions, as the Bengaluru-based software company steps up focus on digital deals, pushed by clients’ increased spending on technology to minimise disruption to their business. ...Less

  • Wipro business grows 21% in Q1, ‘best ever’ quarter

    On a reported basis, the company’s revenue was up 25.7% to $2.4 billion, which meant Wipro added $262 mil ...More

    On a reported basis, the company’s revenue was up 25.7% to $2.4 billion, which meant Wipro added $262 million in revenue in the last 90 days. In constant currency, Wipro’s organic growth was 13.6%, slightly lower than that of Infosys and TCS. ...Less

  • Wipro acquires consulting firm Convergence for $80 million

    The deal is for acquiring 100% shares in the company for a cash consideration of $50 million and continge ...More

    The deal is for acquiring 100% shares in the company for a cash consideration of $50 million and contingent consideration of $30 million to be payable over three years. ...Less

  • Wipro Appoints Anis Chenchah as CEO of APAC Middle East and Africa

    Chenchah will be replacing NS Bala, who has been the CEO of the APMEA Strategic Market Unit for the past ...More

    Chenchah will be replacing NS Bala, who has been the CEO of the APMEA Strategic Market Unit for the past year. Bala has decided to move back to the US for personal reasons, according to the company's statement. ...Less

  • IT firms focus on outcome as clients reimagine business

    Infosys CEO Salil Parekh, Wipro CEO Thierry Delaporte and HCL Technologies' C Vijayakumar spoke on the tr ...More

    Infosys CEO Salil Parekh, Wipro CEO Thierry Delaporte and HCL Technologies' C Vijayakumar spoke on the trends emerging after a pandemic year, at Nasscom Technology and Leadership Forum 2021. ...Less

  • Wipro's intent is to sign more billion-dollar deals: CEO Thierry Delaporte

    With a strong revenue forecast for the first quarter of 2021-22, the stage is set for faster growth as Wi ...More

    With a strong revenue forecast for the first quarter of 2021-22, the stage is set for faster growth as Wipro chases large cloud transformation deals from global clients, CEO Thierry Delaporte says. ...Less

  • Thierry Delaporte, the first foreign CEO of Wipro, is no stranger to Indian IT

    Delaporte, who joined Capgemini in 1995, through its acquisition of Sogeti, started with auditing. Soon, ...More

    Delaporte, who joined Capgemini in 1995, through its acquisition of Sogeti, started with auditing. Soon, he led the finance operations for the company across regions outside of Europe. He moved to sales and later led Capgemini’s Global Financial Services Strategic Business Unit before moving on to head the company’s Latin American operations. ...Less

  • Wipro sales engine is getting stronger every quarter: Thierry Delaporte

    "It is not only a lot of small deals that we have won, we have also won 18 large deals and it is across m ...More

    "It is not only a lot of small deals that we have won, we have also won 18 large deals and it is across markets, across industries. It is really comforting for us. The quality of the pipeline in term of the type of deals we have, size and being broad-based across sectors makes us confident that we will have a strong performance in Q2." ...Less

  • Indian IT wins half of top deals since 2020

    Indian IT firms have been among the biggest beneficiaries of the IT deal consolidations in the last two y ...More

    Indian IT firms have been among the biggest beneficiaries of the IT deal consolidations in the last two years. At least half of the top global deals were snagged by Indian IT players.HfS Research’s data shows that Infosys won a $3.2 billion deal from Daimler and a $1. ...Less

  • Wipro a 'bit more' optimistic about next fiscal year due to AI

    Wipro is feeling a "bit more" optimistic about its next financial year as clients spend more on artificia ...More

    Wipro is feeling a "bit more" optimistic about its next financial year as clients spend more on artificial intelligence (AI) to reduce operating costs, the head of the Indian IT firm's Americas 2 business told Reuters on Wednesday. ...Less

  • Want new generation with a fresh approach to lead Wipro: CEO Thierry Delaporte

    Speaking to ET Thierry Delaporte says Wipro is focusing on weeding out unprofitable clients, strengthenin ...More

    Speaking to ET Thierry Delaporte says Wipro is focusing on weeding out unprofitable clients, strengthening teams to win large deals and attracting fresh talent with a new approach to transform profoundly for a long-term impact. ...Less

  • We will continue to invest in US healthcare and continue to grow, says Wipro CEO Delaporte

    Thierry Delaporte, MD and CEO at Wipro, told ET that he sees "significant potential" for growth in the US ...More

    Thierry Delaporte, MD and CEO at Wipro, told ET that he sees "significant potential" for growth in the US healthcare industry and is continuing to invest in growing its business in the sector. He added that healthcare was already among the best performing sectors for the company in the first quarter of the current fiscal. ...Less

  • In charts: IT firms face uncertain times

    As an indicator of the weakening market, Infosys chief executive Salil Parekh took a pay cut of 21% in FY ...More

    As an indicator of the weakening market, Infosys chief executive Salil Parekh took a pay cut of 21% in FY23 whereas outgoing TCS chief executive Rajesh Gopinathan saw a pay hike of 13%. ...Less

  • At $8.8 million, Wipro's CEO paid more than peers at TCS, Infy

    Cash award, stock boost for Delaporte; Rishad Premji's pay package up 136% ...More

    Cash award, stock boost for Delaporte; Rishad Premji's pay package up 136% ...Less

  • Wipro expects more than 25% YoY growth this fiscal: Thierry Delaporte

    “We want to focus our attention in the near future around cloud, engineering services, data, security and ...More

    “We want to focus our attention in the near future around cloud, engineering services, data, security and digital transformation. This is where we are seeing the largest increase in our pipeline.” ...Less

  • Wipro chief Thierry Delaporte wants bold bets; Byju’s plans Aakash IPO next year

    Despite the fall in global tech spending and executive chairman Rishad Premji taking a 50% pay cut for FY ...More

    Despite the fall in global tech spending and executive chairman Rishad Premji taking a 50% pay cut for FY23 due to a profit decline, Wipro CEO Thierry Delaporte says the company is taking bold bets and decisions to “transform” itself. ...Less

  • Indian IT to get first non-Indian CEO in Wipro’s Thierry Delaporte

    Thierry Delaporte, who will take over as CEO and MD on July 6 replacing incumbent Abidali Neemuchwala, is ...More

    Thierry Delaporte, who will take over as CEO and MD on July 6 replacing incumbent Abidali Neemuchwala, is chairman Rishad Premji’s choice to steer Wipro from a decade-long streak of below-par growth that has lagged peers. Rishad took over as Chairman of Wipro from his father Azim Premji last July. ...Less

  • Omicron surge won’t impact IT budgets: Wipro CEO Thierry Delaporte

    Despite the resurgent virus, the coming year will not see the IT budgets going down as the demand for IT ...More

    Despite the resurgent virus, the coming year will not see the IT budgets going down as the demand for IT services will continue to remain high, Wipro CEO Thierry Delaporte says. ...Less

  • Wipro CEO Thierry Delaporte spells out deal strategy for next 12 months

    Wipro is focused on winning large deals worth $200-300 million each over the next 12 months, CEO Thierry ...More

    Wipro is focused on winning large deals worth $200-300 million each over the next 12 months, CEO Thierry Delaporte says, as the firm looks to make the most of the digital transformation that’s afoot in the aftermath of the pandemic. ...Less

  • Wipro CEO Thierry Delaporte: ‘Big Tech needs us, we need them’

    According to Wipro CEO Thierry Delaporte, his company is an orchestrator—working closely with enterprises ...More

    According to Wipro CEO Thierry Delaporte, his company is an orchestrator—working closely with enterprises and reducing complexity of new technology integrations to help them get the best out of their assets. ...Less

  • Wipro CEO Thierry Delaporte gets $8.7m pay package in FY21

    Thierry Delaporte is among the highest paid executives in the Indian IT services space. ...More

    Thierry Delaporte is among the highest paid executives in the Indian IT services space. ...Less

  • Like DRL, will Wipro too see a turnaround under expat CEO?

    Wipro’s board has taken a step in the right direction. Now, besides the skills and effectiveness of the i ...More

    Wipro’s board has taken a step in the right direction. Now, besides the skills and effectiveness of the incoming CEO, the freedom given to him to execute his strategy would determine how successful the change of guard at the top turns out to be for the company and its shareholders. ...Less

  • Wipro shares decline nearly 3% after earnings announcement

    IT company Wipro on Friday posted a 4 per cent increase in its consolidated profit to Rs 3,092.5 crore in ...More

    IT company Wipro on Friday posted a 4 per cent increase in its consolidated profit to Rs 3,092.5 crore in the fourth quarter ended March 31, 2022, on account of continued demand for IT services. ...Less

  • Wipro may drop plan to bill senior leaders

    Former CEO Abidali NeemuchwalaNeemuchwala had drawn up a blueprint to bill senior leaders against a clien ...More

    Former CEO Abidali NeemuchwalaNeemuchwala had drawn up a blueprint to bill senior leaders against a client in consulting and other generic service lines, to bring in more accountability. ...Less

  • Wipro restructures strategic business units, announces new operating model

    Wipro restructures firm to form four strategic marketing units — two in the US focused on key verticals a ...More

    Wipro restructures firm to form four strategic marketing units — two in the US focused on key verticals and Europe and Asia-Pacific Middle East Africa that includes India. ...Less

  • Wipro will grow double digits this year again, says CEO Thierry Delaporte

    “There is no reason to be worried. The business is good but there is a kind of uncertainty now that we di ...More

    “There is no reason to be worried. The business is good but there is a kind of uncertainty now that we did not have a year ago and that is the reason for being cautiously optimistic. There is a certain level of caution but we just feel that it is in this context, in this environment. ” ...Less

  • Wipro cutting client base to concentrate on profitable deals: CEO Thierry Delaporte

    The number of active clients at India’s fourth-largest IT services firm declined by 35 sequentially to 1, ...More

    The number of active clients at India’s fourth-largest IT services firm declined by 35 sequentially to 1,444 for the period ended June, Chief Executive Thierry Delaporte told ET in a recent interview. ...Less

  • Wipro CEO Thierry Delaporte quits, to be replaced by Americas chief Srini Pallia

    Srinivas Pallia, who was the CEO for the company's Americas 1 area, will take over as the new CEO and Man ...More

    Srinivas Pallia, who was the CEO for the company's Americas 1 area, will take over as the new CEO and Managing Director from April 7, the company added. ...Less

  • Changes under Wipro CEO Thierry Delaporte 'difficult but necessary': Rishad Premji

    Wipro is well-positioned to leverage as well as enable transformations, which were put into effect by CEO ...More

    Wipro is well-positioned to leverage as well as enable transformations, which were put into effect by CEO Thierry Delaporte in the past six months, Chairman Rishad Premji says in the company’s annual report. ...Less

  • Wipro CEO Thierry Delaporte draws Rs 79.8 crore as annual pay in FY22

    Delaporte’s annual salary was Rs 64.3 crore ($8.7 million) in the financial year 2020-21. The compensatio ...More

    Delaporte’s annual salary was Rs 64.3 crore ($8.7 million) in the financial year 2020-21. The compensation was for nine months as he joined the company only in July 2020. ...Less

  • Wipro renews IT transformation deal with France-based Crédit Agricole

    Wipro will enable Crédit Agricole CIB to adopt cloud technologies and agile practices allowing it to achi ...More

    Wipro will enable Crédit Agricole CIB to adopt cloud technologies and agile practices allowing it to achieve faster speed-to-market on new products and services, improving client satisfaction and unlocking new revenue streams, according to an exchange filing. ...Less

  • Tech giants need us, we need them: Wipro CEO

    Wipro's relationship with big technology companies, including Apple, Google, Facebook, Microsoft and Amaz ...More

    Wipro's relationship with big technology companies, including Apple, Google, Facebook, Microsoft and Amazon, has never been stronger than it is today, the Indian IT services firm’s chief executive, Thierry Delaporte, said on Thursday. ...Less

  • Wipro's Rishad Premji takes 50% salary cut in FY23

    In FY23, Premji’s salary stood at $951,353, down 47% from $1,819,022 in FY22, the company reported in its ...More

    In FY23, Premji’s salary stood at $951,353, down 47% from $1,819,022 in FY22, the company reported in its annual report to the exchanges as per international financial reporting standards (IFRS) for American depository share holders (ADS). ...Less

  • Number-nuggets from the filings of IT companies

    As the financial year-end results and guidance season draws to a close, ET brings you a few number-nugget ...More

    As the financial year-end results and guidance season draws to a close, ET brings you a few number-nuggets from the filings of the IT firms. ...Less

  • Stock Ideas: ICICI Securities has a buy call on Wipro, target price Rs 250

    Given strong credentials of the new CEO, Wipro has all key cogs and elements for a turnaround with valuat ...More

    Given strong credentials of the new CEO, Wipro has all key cogs and elements for a turnaround with valuation not pricing in much at 11.5 times FY22 EV/FCF. ...Less

  • Wipro appoints Pierre Bruno as CEO of European operations

    Pierre Bruno joins Wipro from DXC Technology Co., where he was vice president and managing director of so ...More

    Pierre Bruno joins Wipro from DXC Technology Co., where he was vice president and managing director of southern Europe. He previously worked with Dell Inc. for 14 years. ...Less

  • Wipro net falls 21%, revenue up 18%

    "Wipro's revenue was broadly in line with our expectations while margins were below our expectations. Rec ...More

    "Wipro's revenue was broadly in line with our expectations while margins were below our expectations. Recent restructuring efforts, which include simplified operating structure, step-up in capability upgrade and talent management under new leadership, bode well for Wipro in the medium-term," wrote Mitul Shah, head of research at Reliance Securities. ...Less

  • Can success stories charted by non-Indian CEOs prompt India Inc to hire more of them?

    IT company Wipro appointed Thierry Delaporte in July last year and restructured operations and resources. ...More

    IT company Wipro appointed Thierry Delaporte in July last year and restructured operations and resources. Drug maker DRL had appointed Erez Israeli at its helm in mid-2019 and the company has been an outperformer in its sector. Jonathan Hunt has been the CEO of contract research and manufacturing company Syngene International since 2015 and the company’s performance has been promising both on the ground and on the bourses. ...Less

  • New Wipro CEO lays out his top 5 priorities

    We have built a plan around the five priorities we have set and are in a phase of execution, says Thierry ...More

    We have built a plan around the five priorities we have set and are in a phase of execution, says Thierry Delaporte ...Less

  • Wipro Management on Q3 earnings, company outlook and more

    We are seeing green shoots again based on the performance in bookings of our consulting, in particular in ...More

    We are seeing green shoots again based on the performance in bookings of our consulting, in particular in Capco in quarter three visible improvement but possibly a slight positive sign that leads us to be more positive about the revenue trajectory. ...Less

  • Wipro appoints Yes Bank’s Anup Purohit as chief information officer

    Anup Purohit’s appointment comes after a massive leadership churn at Wipro which started after CEO Thierr ...More

    Anup Purohit’s appointment comes after a massive leadership churn at Wipro which started after CEO Thierry Delaporte rejigged the organisation structure. ...Less

  • Wipro's majority public shareholders oppose ex-CEO Delaporte's $4.33 million severance

    At least 78.4% of the Azim Premji-led IT major's public shareholders or 10.31% of overall shareholders vo ...More

    At least 78.4% of the Azim Premji-led IT major's public shareholders or 10.31% of overall shareholders voted against the cash compensation awarded to Delaporte, showed the voting records published on BSE on Thursday. ...Less

  • Wipro to offer 100% variable pay to 85% employees this quarter

    The Bengaluru headquartered software services firm said it had onboarded 14,000 freshers in the first six ...More

    The Bengaluru headquartered software services firm said it had onboarded 14,000 freshers in the first six months of fiscal 2022, with a net increase in headcount of 600 for the quarter ended September, 2022. The company also rolled out salary increases during the quarter, and promoted 10,000 employees during the quarter. ...Less

  • After delays, IT companies give double hikes

    Accenture India, which has over 2 lakh employees, had its annual December increments, bonuses and promoti ...More

    Accenture India, which has over 2 lakh employees, had its annual December increments, bonuses and promotions, and an added round of promotions in February this year. ...Less

  • Wipro bags $500 million deal from US communications provider

    The large deal win comes just two months after its new CEO Srinivas Pallia took charge following the resi ...More

    The large deal win comes just two months after its new CEO Srinivas Pallia took charge following the resignation of its former chief Thierry Delaporte just seven days into the new fiscal year 2025. ...Less

  • Hefty pay! Top CEOs of IT companies earn up to Rs 82 cr in FY23

    Wipro CEO Thierry Delaporte took home a remuneration of $10 million or Rs 82.2 crore during FY23. Delapor ...More

    Wipro CEO Thierry Delaporte took home a remuneration of $10 million or Rs 82.2 crore during FY23. Delaporte is also the highest-paid CEO among his IT peers in FY23. During FY23, the shares of Wipro fell nearly 38%, while it saw its PAT dip by 7% during the same period. ...Less

  • Wipro Q3 Results: Profit rise nearly 21% on deal wins, revenue up 1.3%

    Wipro Q3 Results 2020-21: Net profit rose 20.8% quarter-on-quarter to Rs 2,970 crore on the back of reven ...More

    Wipro Q3 Results 2020-21: Net profit rose 20.8% quarter-on-quarter to Rs 2,970 crore on the back of revenue that increased 1.3% sequentially to Rs 15,670 crore. ...Less

  • Wipro appoints Capgemini veteran Amit Choudhary as COO

    With this move, Wipro has brought back the post of COO - a role it had discontinued after the retirement ...More

    With this move, Wipro has brought back the post of COO - a role it had discontinued after the retirement of BN Bhanumurthy in July last year. ...Less

  • Wipro names former Walmart, PayPal executive Subha Tatavarti as CTO

    Tatavarti’s appointment is one of the key additions to Wipro’s leadership after the recent organisational ...More

    Tatavarti’s appointment is one of the key additions to Wipro’s leadership after the recent organisational rejig at the software services major ...Less

  • Just 1% of Fortune 500 companies led by Black chief executives: World Economic Forum

    Wipro Limited on Wednesday announced that it has joined the Partnering for Racial Justice in Business ini ...More

    Wipro Limited on Wednesday announced that it has joined the Partnering for Racial Justice in Business initiative launched by the WEF to promote a culture of diversity, inclusion, equity and justice for people of all racial backgrounds in the workplace. ...Less

  • Wipro becomes third IT firm to hit Rs 3 lakh crore marketcap

    Shares of Wipro soared over 1 per cent on Thursday to scale its new lifetime of Rs 550, leading its marke ...More

    Shares of Wipro soared over 1 per cent on Thursday to scale its new lifetime of Rs 550, leading its market-cap to cross the Rs 3.01 lakh crore mark ...Less

  • Wipro promotes Hari Shetty as chief strategist and sales officer

    Wipro named Hari Shetty as Chief Strategist. The Bengaluru-headquartered firm makes first CXO appointment ...More

    Wipro named Hari Shetty as Chief Strategist. The Bengaluru-headquartered firm makes first CXO appointment under new CEO Srinivas Pallia. ...Less

  • Wipro CEO banks on internal talent, promotes veterans

    Focusing on inside talent comes at a time when it has been dealing with exodus of senior leaders. This al ...More

    Focusing on inside talent comes at a time when it has been dealing with exodus of senior leaders. This also comes after a period when Delaporte hired a lot of foreign citizens and expats at high salaries. ...Less

  • Wipro's new CEO to draw up to 4.45 million euros annual pay package

    In a notice for its 74th annual general meeting (AGM), Wipro said it will seek shareholders' nod for appo ...More

    In a notice for its 74th annual general meeting (AGM), Wipro said it will seek shareholders' nod for appointment of Delaporte as the CEO and managing director.The AGM will be held on July 13 through video-conferencing. ...Less

  • Wipro to acquire SAP Consulting firm Rizing for $540 million

    Rizing’s industry expertise and SAP consulting capabilities in enterprise asset management, consumer indu ...More

    Rizing’s industry expertise and SAP consulting capabilities in enterprise asset management, consumer industries, and human experience management, will be "instrumental" in advancing Wipro’s position as an advisor for clients’ most complex SAP transformations, it said in a statement. ...Less

  • Abhay Bhutada & Thierry Delaporte lead the list of highest-paid CEOs in FY24

    Abhay Bhutada topped India's BFSI sector's highest-paid list for FY24 with Rs 241 crore, followed by Baja ...More

    Abhay Bhutada topped India's BFSI sector's highest-paid list for FY24 with Rs 241 crore, followed by Bajaj Finance's Rajeev Jain at Rs 101 crore. Religare's Rashmi Saluja earned Rs 69 crore, surpassing CEOs like Salil Parekh and SN Subrahmanyan. ...Less

  • Wipro appoints Anne-Marie Rowland as Capco CEO

    Anne-Marie Rowland will report to Wipro CEO and managing director Thierry Delaporte and will become a mem ...More

    Anne-Marie Rowland will report to Wipro CEO and managing director Thierry Delaporte and will become a member of Wipro’s Executive Committee (WEC). ...Less

  • Wipro chairman Rishad Premji's pay doubles in FY25 but stays below CEO Pallia

    In the previous year, Premji took a voluntary pay cut of around 20%, drawing a salary of $769,456 (about ...More

    In the previous year, Premji took a voluntary pay cut of around 20%, drawing a salary of $769,456 (about Rs 6.4 crore). He did not receive any commission in that year. Palia’s remuneration is less than half of what Wipro’s former CEO Thierry Delaporte received in FY24 at $20 million (about Rs 168 crore). ...Less

  • Wipro to acquire UK-based Capco for $1.45 billion

    The Wipro-Capco deal, among the biggest buyouts in the Indian IT space, marks the fourth acquisition by t ...More

    The Wipro-Capco deal, among the biggest buyouts in the Indian IT space, marks the fourth acquisition by the Bengaluru-based firm since July 2020 when Thierry Delaporte took charge as Wipro CEO. ...Less

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