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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.

MEER VERHALEN VAN Financial Express Mumbai

Financial Express Mumbai

PNB sees NIM recovering from Sept qtr

PUNJAB NATIONAL BANK (PNB) expects to sustain quarterly net profit of above ₹5,000 crore despite near-term pressure on margins and higher credit costs, Executive Director Bibhu Prasad Mahapatra told FE in an interview.

time to read

2 mins

January 21, 2026

Financial Express Mumbai

Tax sops, restoring indexation among Amfi Budget wish list

THE ASSOCIATION OF Mutual Funds in India (Amfi) has sought restoration of indexation for debt funds and granting capital gains tax exemptions for holding equity-oriented schemes for long-term in the Budget.

time to read

2 mins

January 21, 2026

Financial Express Mumbai

Industry seeks 50% govt sourcing in space sector

RUN-UP TO THE BUDGET 2026-27

time to read

2 mins

January 21, 2026

Financial Express Mumbai

The shift from SEO to GEO

HOW AI IS REWRITING THE RULES OF SEARCH

time to read

2 mins

January 21, 2026

Financial Express Mumbai

Taking a leaf from the Campa playbook

SIL IS BANKING ON PRICING AND NETWORK STRENGTH TO CHALLENGE INCUMBENTS

time to read

3 mins

January 21, 2026

Financial Express Mumbai

Toyota launches Urban Cruiser Ebella, entering India’s electric vehicle market

TOYOTA KIRLOSKAR MOTOR has rolled out the Urban Cruiser Ebella SUV, its first battery-electric vehicle (BEV) for India, with bookings now open and a price announcement expected in the coming weeks.

time to read

1 min

January 21, 2026

Financial Express Mumbai

Core sector growth rises to 3.7% in Dec

After contracting for two months, electricity sector grows by 5.3%

time to read

1 mins

January 21, 2026

Financial Express Mumbai

Banks to seek RBI’s approval for longer bulk deposits

BANKS WILL APPROACH the Reserve Bank of India (RBI) for approval to raise bulk deposits for up to three years compared to the current one year cap, three sources said on Tuesday.

time to read

1 min

January 21, 2026

Financial Express Mumbai

Netflix amends Warner Bros deal to all cash

STREAM WARS

time to read

2 mins

January 21, 2026

Financial Express Mumbai

CreditAccess Grameen reports ₹252-cr profit as expenses decline

CREDITACCESS GRAMEEN REPORTED a net profit of ₹252.09 crore in the third quarter, reversing a net loss of ₹99.52 crore in the year-ago period.

time to read

1 mins

January 21, 2026

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