WIPRO FORMER CFO
Cards vs UPI; Byju’s advisory council dissolved Happy Monday! UPI's ease of use is driving a shift to cashless payments, leaving debit cards behind. This and more in today’s ETtech Morning Dispatch.
20 May, 2024, 05.42 PM ISTWipro to settle lawsuits against former executives Jatin Dalal, Haque Wipro's new CEO, Srinivas Pallia, plans to settle legal issues with former executives like Jatin Dalal for contract breaches. Settlement details undisclosed, expected this week. Times of India first reported post-Thierry Delaporte's exit amidst laws...
13 May, 2024, 10.06 AM ISTInflation-wary Fed may put IT revival on hold Indian outsourcing leaders face delayed business revival until FY26 due to US Federal Reserve's high interest rates. The impact on revenue growth and IT firms' strategies could persist, affecting deals and revenue projections in the sector.
09 May, 2024, 06.01 AM IST- ADVERTISEMENT
Non-compete clauses: Unenforceable under law, but companies love them While Indian law is clear on the unenforceability of a non-compete clause operating beyond the term of employment, companies still include it in contracts, particularly for senior executives, as it’s seen as a soft deterrent, said Jay Parikh, partne...
27 Apr, 2024, 06.49 AM ISTWipro became IT's CXO nursery under Thierry Delaporte During Delaporte's four years at Wipro, four Wipro former executives went on to become CEOs outside the company, while three became CFOs even as other senior leaders joined smaller and larger firms in top CXO roles.
11 Apr, 2024, 12.38 PM ISTRestless investors, turnaround hopes await Wipro’s new CEO Srinivas Pallia Wipro CEO Thierry Delaporte resigns, Srinivas Pallia takes charge facing tough times. Must boost morale, focus on large deals, client mining, integrate acquisitions, manage industry analysts, and address executive departures for company revival.
08 Apr, 2024, 09.40 AM ISTWipro CEO Thierry Delaporte quits, to be replaced by Americas chief Srini Pallia Srinivas Pallia, who was the CEO for the company's Americas 1 area, will take over as the new CEO and Managing Director from April 7, the company added.
07 Apr, 2024, 04.31 PM ISTWipro promotes over 30 senior executives to SVP, VP roles Those elevated include Wipro's chief delivery officer Ajit Mahale, healthcare portfolio leader Anuj Kumar, Canada country head Kim Watson, Europe cloud sales head Srinivasaa HG, the head of its cloud arm's strategy and execution arm Satish Y and con...
22 Mar, 2024, 09.30 PM ISTQ3 results: HCLTech bucks trend, Wipro's woes continue HCLTech, India's third-largest software exporter, outperformed expectations with a 6.2% rise in net profit and a 6.5% increase in revenues in Q3. Meanwhile, Wipro reported a steep 12% fall in profits and a 4.4% dip in revenue. HCLTech's success can ...
13 Jan, 2024, 08.52 AM ISTTCS, Infosys rolls dip 35,000 in subdued Q3 Headcount at TCS, the market leader, dropped 10,669 and that at Infosys by 24,182.
12 Jan, 2024, 06.01 AM ISTWipro's case against former CFO Jatin Dalal referred to arbitration On January 3, Wipro and Dalal were directed to resolve the case under section 8 of the Arbitration Conciliation Act, 1996. The official order will be uploaded in the next week.
03 Jan, 2024, 07.34 PM ISTIT executive exodus: a primer on breach of contract, lawsuits IT major Wipro has filed at least two legal complaints against its former senior executives including former senior vice president Mohd Haque and ex CFO Jatin Dalal for breach of his employment contract with Wipro. What does this mean?
30 Dec, 2023, 06.01 AM ISTExplainer: A primer on breach of contract, lawsuits Wipro and Infosys are pursuing legal action against former executives joining Cognizant, raising questions on non-compete clauses' validity in India. While Wipro sued ex-SVP Mohd Haque and CFO Jatin Dalal, Infosys accused Cognizant of unethical hiri...
30 Dec, 2023, 12.04 AM ISTWipro seeks Rs 25 crore damages from ex-CFO Jatin Dalal for breach of non-compete rule As part of the non-compete agreement, one of the clauses bars Dalal from joining any other rival company for a period of 12 months from the date of his resignation.
29 Dec, 2023, 07.28 PM ISTIndian IT firms fight it out to foil plans of talent-fishing companies Plagued by a slew of senior-level management exodus, Wipro has filed lawsuits against at least two of them. In another instance, Infosys, the country’s second largest IT services firm, is reported to have accused Cognizant of using “unethical poachi...
28 Dec, 2023, 06.00 AM ISTWipro sues former CFO Jatin Dalal who joined rival Cognizant Former Wipro CFO Jatin Dalal joined Cognizant on December 1. While the reasons for the suit remain uncertain, the next hearing is scheduled on January 3, a person with direct knowledge ET spoke to confirmed.
27 Dec, 2023, 10.15 AM ISTWipro files lawsuit against former CFO Jatin Dalal following move to Cognizant IT major Wipro has sued its former chief financial officer Jatin Dalal in a civil court in Bengaluru, reported the Times of India on Wednesday. Dalal joined rival Cognizant as the CFO on December 1. According to the report, Dalal has filed an applic...
27 Dec, 2023, 09.17 AM ISTLeadership crisis deepens at Infosys as CFO Nilanjan Roy resigns Roy's last day will be effective from March 31, 2024, Infosys said in a regulatory filing.
12 Dec, 2023, 10.15 AM ISTByju’s CFO quits; Flipkart’s Big Billion sale numbers In another blow to edtech Byju’s, its chief financial officer, Ajay Goel, is leaving after seven months at the company. This and more in today’s ETtech Morning Dispatch.
25 Oct, 2023, 08.16 AM ISTFormer Zilingo CFO Ramesh Bafna joins CoinSwitch Kuber as finance head Bafna had been involved in the review of the alleged financial irregularities at Zilingo as well, ET had reported on April 19.
28 Jun, 2022, 01.43 PM IST