In April 2008, Wipro's technology business saw one of its biggest churns in the wake of the appointment of Girish Paranjpe and Suresh Vaswani as joint CEOs under an experimental management structure devised by Chairman Azim Premji.
T K has been an integral part of the organisation's leadership for years, says Azim Premji.
Wipro has once again chosen to bet on an insider who has grown through the ranks to lead the company. Srini Pallia has spent over three-decades at Wipro and it's the only company he has ever worked with. Till now, Pallia was heading the Americas-1 unit.
Wipro's revenue from the information technology services business for the quarter ended September was in line with its estimate, though it lagged some of its larger Indian peers in a few operating parameters. Chief executive T K Kurien tells Bibhu Ranjan Mishra he expects a few issues involving a couple of large clients to be resolved in a quarter, before all the company's engines start firing.
We won't see a bigger decline in mining going forward, but it might remain flat in July-August 2014.
T K Kurien, chief executive officer of Wipro says the first milestone's been achieved and a complete turnaround would happen when there is consistency in growth.
Abidali Neemuchwala, who had joined Wipro in 2015 as group president and chief operating officer, was also given 200,000 in stock options in the financial year ended March 2016.
T K Kurien talks on the outlook for the next year, the slow growth in the retail vertical and initiatives to introduce automation.
Wipro Ltd named T K Kurien president of Wipro HealthScience. Kurien will report into Vivek Paul, vice chairman.
In a new twist to the Suryanelli rape case, a local Bharatiya Janata Party leader on Friday alleged his statement was wrongly recorded by investigators benefiting Rajya Sabha Deputy Chairperson P K Kurien who is facing heat on the issue as protests continued with calls for his exit.
This is evident in the firm's client addition and mining abilities, and also in its ability to stabilise employee attrition.
We saw the highest growth coming in from BFSI (banking, financial services and insurance) last quarter than any of our competitors. It has grown very well. But the others have also now stepped up their focus on BFSI.
T K Kurien believes the company is on the right track.
Customers can expect nimbler, more pro-active delivery, says the Wipro CEO.
Wipro Technologies on Tuesday said the company would have to wait at least three quarters to reap benefits from realigning the organisational structure.
T K Kurien, CEO, IT business of Wipro, throws light on the company's strengths of weaknesses and its strategy.
The company is unlikely to continue with the CEO-COO model
IT major Wipro on Friday reported 9.75 per cent increase in consolidated net profit at Rs 1,284.9 crore for the second quarter ended September 30.
As Wipro enters the new financial year, fresh after the organisational restructuring, it has given a muted revenue guidance for the next quarter, which has not gone in well with the market.
With a target to get the IT business back on growth, Kurien will get a salary in the range of Rs 3 crore (Rs 30 million) to Rs 10 crore (Rs 100 million) per annum.
On Friday (April 18), Premji in a clear signal of giving more powers to the management, elevated Girish Paranjape and Suresh Vaswani as joint CEOs of Wipro Technologies, which reported a topline of $4.3 billion. Read excerpts of an interview with Girish Paranjape and Suresh Vaswani, joint CEOs of Wipro.
Wipro hires former TCS veteran as Group Prez & COO.
The division, which has been revamped over the past two years -- slowly weaning away from being a voice-heavy BPO provider -- has only added around 500 people while growing its top line by 50 per cent in this period.
Wipro has devised a strategy to beat larger rivals.
The awards were given by the UN's body on women for their work on principles of women's empowerment and helping champion gender equality.
N Chandrasekaran received Rs 2.62 crore (Rs 26.2 million) as perks.
Analysts, on average expected a profit of Rs 2183 crore or Rs 21.83 billion, according to Thomson Reuters data.
The company's profit rose with better IT spending by global clients and a rise in high margin digital projects.
IT majr Wipro needs stability at the top deck, say industry watchers.
To double revenues in four years; asks staff to 'think like a start-up', to brainstorm out-of-the-box ideas
AIF partners with NGOs to develop and test solutions and with governments to create and scale sustainable impact.
Delaying action on climate change will hurt growth: Global CEOs.
The company will significantly increase its rate of patent filing.
The IT services company is building underlying tech for connected cars
Wipro may not see good growth in APAC regions in ensuing quarters.
With SAD member and union minister Harsimrat Kaur Badal.
'Wipro's strength has been innovation and that will continue.'
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