It has replacements ready even for senior managers, in case someone quits.
In a top level reshuffle, software services major Wipro on Thursday appointed Soumitro Ghosh as head of Wipro Infotech replacing Senior VP and Business Head of Global Infrastructure Services Anand Sankaran, who quit the company hours before the rejig was announced.
80% of incremental enterprise investment to be in digital technologies by 2020.
Neemuchwala will be a big asset when it comes to setting things right.
Technology evolution forces private players to downsize operations.
The Bangalore-headquartered firm had posted a net profit of Rs 1,623.3 crore (Rs 16.23 billion) in the year-ago period, it said in a BSE filing.
Rishad joined the company in June 2007.
If I focus on today, I will have to give up the future, says T K Kurien.
Move to keep pace with tech landscape; senior employees might be affected
Wipro Ltd, India's third-biggest software services exporter, posted about an 8 per cent rise in quarterly profit as clients in North America and Europe spent more on technology.
The company's net profit went up 27% in December quarter, sequentially better than peers; core IT services up 33%..
Revenue from its IT services business rose 9 percent to $1.86 billion.
BSE Mid-cap index ended at a record closing high of 10499.86 and CNX Mid-cap index ended at a record closing high of 12672.85 levels.
Opposition repeatedly sought a reply from the PM on the issue.
Sebi found that on average, the remuneration paid to CEOs in certain Indian companies are far higher than the remuneration received by their foreign counterparts.
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