Facing a cautious market and clients tightening their purse strings, IT companies are adopting a strategy from startups and web commerce: creating a new C-suite role – the chief growth officer (CGO).
Happy Monday! Investors in new-age startups are set for huge gains as these firms list on the public markets. This and more in todays ETtech Morning Dispatch.
Wipro's outgoing CEO adds to his resignation bounty with $4-mn share sale livemint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livemint.com Daily Mail and Mail on Sunday newspapers.
Wipro, a leading Indian IT company, has been under the spotlight for a string of high-profile exits. CEO Thierry Delaporte s abrupt resignation before his term s end follows a trail of senior departures, including CFO Jatin Dalal and growth officer Stephanie Trautman. Can Wipro s new captain, veteran Srinivas Pallia, navigate the choppy waters? This episode of The Morning Brief podcast dives deep into Wipro s challenges. Was it a leadership crisis under Delaporte s restructuring efforts? How will global economic uncertainties impact them? Host Dia Rekhi speaks with two ace analysts - Phil Fersht of HFS Research and Peter Bendor-Samuel of Everest Group to decode the issues and explore what it ll take for Wipro, under Pallia s leadership, to reclaim its former glory as an IT bellwether. Tune in! Credits: The Economic Times, CNBC-TV18 (1), CNBC-TV18 (2), CNBC-TV18 (3), WION
India Business News: Wipro's net profit for the quarter ending in March 2024 decreased by 8% year-on-year to Rs 2,835 crore, below market estimates. Revenue from operation