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While Indian law is clear on the unenforceability of a non-compete clause operating beyond the term of employment, companies still include it in contracts, particularly for senior executives, as its seen as a soft deterrent, said Jay Parikh, partner at Luthra and Luthra Law Offices. Employees would rather comply than bear litigation costs and carry the burden of being sued by their previous employer. ....
Wipro | Accelerating growth immediate priority: new CEO spells out five focus areas to revitalise Wipro telegraphindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from telegraphindia.com Daily Mail and Mail on Sunday newspapers.
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. ....
‘Wipro is like a perpetual turnaround story’. Heard that line before? Well, the company has lagged peers. And having had eight CEOs since 2000 conveys a leadership continuity challenge. TCS, in its 55+ year history, has had fewer bosses. Pallia, therefore, has a difficult job. ....