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By Sai Ishwarbharath B (Reuters) - Wipro, India's fourth-largest software company, posted a bigger-than-expected fourth-quarter revenue on Friday, aided by firmer profit margins and a recovery in its consulting business. The company's consolidated . ....
TCS: Revenue in North America, which accounts for half of total revenue, slipped 2.3% year-on-year. Revenue from banking, financial services and insurance clients, its biggest vertical, fell 3.2%. ....
BENGALURU (Reuters) -Wipro Chief Executive Officer Thierry Delaporte resigned on Saturday following a fraught few years for India's No. 4 IT services company, to be succeeded by the head of its biggest market. Srinivas Pallia, a veteran of the company, will take over as CEO and managing director from April 7, Wipro said in a statement, adding Delaporte was leaving to "pursue passions outside the workplace". Delaporte, whose five-year term was originally set to end in July 2025, said that he was "proud of the solid foundation" he had helped to lay for Wipro. ....
LTIMindtree, India s No.6 IT services provider by revenue, has identified two internal candidates for the top job as it is unlikely to extend CEO Debashis Chatterjee s term that is set to end next. ....