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New Wipro CEO aims to revive growth

Financial Express Mumbai

|

April 09, 2024

Company to continue to lag behind peers’ growth in FY25

IN A SURPRISE, Thierry Delaporte tendered his resignation from CEO at Wipro on April 6th. He was replaced by Srinivas Pallia, who previously served as CEO of the Americas 1 business unit within Wipro, will assume the role of CEO.

Resignation timing is surprising The outgoing CEO's sudden resignation before the end of his five-year tenure in June 2025 was surprising. Thierry will be with Wipro until May 31 to ensure a smooth transition to the incoming CEO.

AWipro veteran...Wipro has announced the appointment of Srinivas Pallia, its new CEO, from April 7, pending holder share and regulatory approvals, for a five-year term. Srini, who has been with Wipro since 1992, has held various leadership positions, including President of Wipro's Consumer Business Unit and Global Head of Business Application Services.

Notably, the most recently served as CEO for Americas 1,Wipro's largest expanding market, where he led a wide range of industry sectors.

MÁS HISTORIAS DE Financial Express Mumbai

Financial Express Mumbai

Rapido breaches ₹1K-cr revenue mark in FY25

BENGALURU-BASED RIDE-HAILING UNICORN Rapido posted operating revenue of ₹934 crore in FY25, a 44% increase from ₹648 crore in the previous fiscal, according to consolidated financials accessed from the Registrar of Companies.

time to read

1 min

January 21, 2026

Financial Express Mumbai

Financial Express Mumbai

Markets log worst day in 8 months on weak earnings

INVESTOR WEALTH ERODES ALMOST ₹10 LAKH CRORE

time to read

2 mins

January 21, 2026

Financial Express Mumbai

Netflix amends Warner Bros deal to all cash

NETFLIX REACHED AN amended, all-cash agreement to buy Warner Bros. Discovery Inc’s studio and streaming business as it battles Paramount Skydance to acquire one of Hollywood’s most iconic entertainment companies.

time to read

1 mins

January 21, 2026

Financial Express Mumbai

India among top investment hubs

13% of global CEOs prefer higher investments in country: PwC survey

time to read

3 mins

January 21, 2026

Financial Express Mumbai

FM set to line up reform blitz

Tariff cuts, boost to exports, higher FDI in PSBs likely

time to read

3 mins

January 21, 2026

Financial Express Mumbai

Embassy enters Mumbai realty mkt

REALTY FIRM EMBASSY Developments (EDL) has forayed into the residential real estate market in the Mumbai Metropolitan Region (MMR) with three new projects, marking its entry into India’s most expensive housing market.

time to read

1 mins

January 21, 2026

Financial Express Mumbai

AI anxiety grips millennials, Gen Z

AS AI TRANSFORMS workplaces, a Randstad survey says employers are optimistic but Gen Z is anxious, fearing automation will reward firms more than workers

time to read

1 min

January 21, 2026

Financial Express Mumbai

Jute Commissioner tightens raw jute stock limits

THE JUTE COMMISSIONER has reduced the permissible stock-holding limits for raw jute by traders and mills with immediate effect, amid a surge in prices to around ₹13,000 per quintal officials said.

time to read

1 min

January 21, 2026

Financial Express Mumbai

Rethink amid fragmented supply chains

The prevailing ad-hoc tariff-centric responses to geopolitical volatility are insufficient to guarantee sustained economic security and domestic resilience

time to read

3 mins

January 21, 2026

Financial Express Mumbai

Lodha to invest ₹1L cr more in Maha

Developers will invest ₹1.3 lakh crore to build a 2.5 gigawatt data centre park near Mumbai as part of its strategy to expand business.

time to read

1 mins

January 21, 2026

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