Rishad Premji

Wipro names former Capgemini COO Thierry Delaporte as new CEO; Neemuchwala to leave on 1 June

Thierry Delaporte, who will replace Abidali Neemuchwala, was most recently the chief operating officer of Capgemini Group.

Wipro signs pact with Maharashtra govt to convert Pune facility to 450-bed COVID-19 hospital; to be handed over by 30 May

Wipro said it will provide the physical infrastructure, medical furniture and equipment besides appointing an administrator and skeletal support staff to help operationalise the hospital quickly.

Indian IT industry now a change originator, not in catch-up mode, say tech honchos; domestic firms getting into product spaces

In an economy that will touch the $5 trillion mark, IT will be a $1.5 trillion industry in itself, said Rajesh Gopinathan, CEO and MD, TCS.

NASSCOM pegs FY20 revenue growth at 7.7% at $191 bn for IT industry in current fiscal; sector adds 2 lakh jobs

The IT industry body had last fiscal discontinued an over two-decade-old practice of forecasting revenue growth, citing the fast-changing dynamics of the industry.

Wipro CEO Abidali Z Neemuchwala to step down, Board starts search for successor

Neemuchwala, 52, will continue to hold the office of the CEO and Managing Director, until a successor is appointed for a smooth transition and to ensure that business continues as usual, the company said in a BSE filing

New SEBI rules: Wipro chairman Rishad Premji likely to lose executive role after 1 April this year

Earlier, Wipro had approached SEBI with a proposal seeking the regulator's nod to permit Rishad to continue in the executive role.

Rishad has new ways of thinking, experience and competence; will lead Wipro to greater heights, says Azim Premji

Azim Premji will pass the baton over to his son Rishad in July-end after leading the charge at the company for over five decades

Azim Premji's pay package rose 95% to $262,054 in FY19; CEO Abidali Neemuchwala's package grew 41% to $3.9 mn: Wipro

Rishad Premji, who is set to take over the reins of the Bengaluru-based software services company soon, took home compensation of $987,652 (about Rs 6.8 crore) in 2018-19

Rishad brings new ways of thinking and competence, will lead Wipro to greater heights: Azim Premji to staff

In a message to employees, Premji exuded confidence that Wipro will continually transform to scale new heights as the world changes but remain firmly committed to its values.

Azim Premji to retire as executive chairman of Wipro on 30 July; son Rishad to take over

Azim Premji, one of the pioneers of the Indian technology industry and founder of Wipro Limited, will retire as executive chairman upon the completion of his current term on 30 July, 2019.