Wipro: Nomura India said investors will play a close attention to the new CEO’s strategy, which may come in next 1-2 quarters. It feels that it is unlikely to be revealed during the upcoming March quarter results conference call on April 19.
5 Interesting Facts About Srini Pallia: Wipro s New CEO & MD - Trak in - Indian Business of Tech, Mobile & Startups trak.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from trak.in Daily Mail and Mail on Sunday newspapers.
IT giant Wipro has appointed Srinivas Pallia as its new CEO, following the resignation of Thierry Delaporte, according to a statement submitted to the exchanges by the company.
India Business News: Wipro stock price experienced a 1% drop on Monday, hitting a low of Rs 479 on the Bombay Stock Exchange. The sudden departure of CEO and Managing Director Thierry Delaporte caught investors off guard, leading to concerns about the company's immediate future, said an ET report. Many brokerage firms have issued sell ratings on Wipro's stock, anticipating a period of uncertainty before any potential turnaround.