Wipro news

Wipro CEO Thierry Delaporte quits, to be replaced by Americas chief Srini Pallia

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Wipro CEO Thierry Delaporte quits, to be replaced by Americas chief Srini Pallia

Wipro on Saturday said its chief executive officer Thierry Delaporte was leaving the company effective immediately “to pursue passions outside the workplace”. He will be replaced by the Americas head of the company Srini Pallia, the company said in a notification to the exchanges. “I’d like to express my gratitude to Thierry for his leadership … Read more

Wipro turnaround work in progress; valuations leave little on the table: Analysts

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Wipro turnaround work in progress; valuations leave little on the table: Analysts

NEW DELHI: ‘s September quarter earnings sent its shares soaring, but analysts’ price targets largely suggest muted outlook for the stock. “Demand tailwind is already baked into valuations,” they said. JPMorgan finds the stock Rs 670 worthy as it believes Wipro has displayed remarkable growth improvement over the last 12 months. Credit Suisse is ‘neutral’ … Read more