Is The Constant Revolving Door At Wipro A Reason For Its Sluggish Growth?

Despite constant changes in the top executive role in the past 10 years, Wipro has lagged on the growth front. The company has grown at a much slower pace than its peers. #mc_embed_signup{background:#ece9fb; clear:left; font:14px Helvetica,Arial,sans-serif; width:100%;} /* Add your own Mailchimp…

Will Google’s Interest In Vodafone Create The Next Big Tech-Telecom Partnership In India?

Google has been reportedly in talks with Vodafone Idea for buying a 5 per cent stake in the second largest telecom operator in India. However, Vodafone Idea on Friday clarified with the Bombay Stock Exchange that it is evaluating various…

Microsoft, Saudi Fund May Pick Up Stake In Jio

Smelling opportunity in crisis is, perhaps, an important virtue of the greats and Mukesh Ambani’s fast-growing Jio Platforms is beginning to stand testimony to the same. After attracting investments worth $10 billion (Rs 78,562 crore) in just over a month,…

Wipro’s New CEO Thierry Delaporte Has An Impressive CV But Challenges Galore: Experts

Amid the worst health crisis the world has ever seen, former Capgemini executive Thierry Delaporte will have to face challenges at multiple levels, cultural and structural as he takes charge as Wipro CEO on July 6, 2020. #mc_embed_signup{background:#ece9fb; clear:left; font:14px Helvetica,Arial,sans-serif; width:100%;}…

Wipro Names Thierry Delaporte As CEO, MD To Drive Next Phase Of Growth

IT major Wipro on Friday said Capgemini Group veteran Thierry Delaporte will join the company as its Chief Executive Officer and Managing Director with effect from July 6, 2020. He succeeds Abidali Z Neemuchwala, whose decision to step down from…

Google’s Investment In Vodafone Idea Can Create Next Big Digital Ecosystem

A potential investment in Vodafone Idea by global technology giant Google will further heat up the race to create the next big connected digital ecosystem in India, analysts feel. #mc_embed_signup{background:#ece9fb; clear:left; font:14px Helvetica,Arial,sans-serif; width:100%;} /* Add your own Mailchimp form…

Could Thierry Delaporte Be That Knight In Shining Armour For Wipro?

On 29th May 2020, Wipro announced the appointment of Thierry Delaporte as Chief Executive Officer (CEO) and Managing Director (MD) Wipro Ltd. He replaces Abidali Neemuchwala who was the company's CEO since February 2016. #GreyhoundStandpoint 1 - First things first,…

Thierry Delaporte As CEO To Help Wipro With New Ideas, Global Presence: Analysts

The appointment of Thierry Delaporte as chief executive officer (CEO) and managing director (MD) Wipro Ltd is seen as a historic move by industry observers, as he perhaps will be the first non-Indian to be at the helm of any…

Google Wants In On The Indian Telecom Sector, Explores Stake With Vodafone Idea

On May 28, 2020, Financial Times reported that Google is exploring a stake in Vodafone Idea Limited (VIL) to further its India presence. This news comes close on heels to the recent spate of investments in Jio Platforms, a wholly-owned…

From Reliance Smart To JioMart: A Move Rather Smart

Scroll below for our latest tweets on this topic. Read a more updated thread by clicking on any of the tweets below. Lastly, please spare a moment to retweet, share and respond to this thread! #mc_embed_signup{background:#ece9fb; clear:left; font:14px Helvetica,Arial,sans-serif; width:100%;}…

Jio Mart’s Policy On Privacy, Data Handling May Need Revisit

Jio Mart, Reliance Retail’s answer to Amazon and Grofers, went national Saturday. Given that its success, if it happens, will also depend on sister concern Jio Platforms’ 380 million and growing subscriber base, there are concerns around how privacy and…

JioMart Launches In 200 Locations As Reliance Takes On Bigbasket, Amazon, Others In eCommerce

Less than a month after starting a WhatsApp Ordering Service in Navi Mumbai, Reliance has rolled out JioMart widely. The ecommece platform, which Reliance calls a "single virtual store", will deliver products in 200 towns and cities in India, including…

RIL’s Ambitions For Jio Are Broader And Deeper Than What Meets The Eye [Updated on May 22, 2020]

Updated on May 22, 2020 to include analysis on investments from KKR & Co. The last 4 weeks have been a rather busy one for Reliance Industries Limited (RIL). In a span of 30 days, the company has announced five…

A Round-Up Of All Reliance Jio Investments And What Follows

Mukesh Ambani’s Reliance Jio platform saw a lot of cash inflow into the company. Unlike its competitors, the telecom giant saw a surge of investors. It is venturing into own operating systems, music, OTT and digital payments. After Facebook‘s $5.7…

Facebook Takes Another Shot At eCommerce With Shops Platform

Taking cues from many tech giants, Facebook is now trying to get small businesses to sell directly from its platform. The feature, called Shops, will be rolling out to both Facebook and Instagram and allows pretty much anyone to set…

After Facebook, Microsoft Mulling Investment In Reliance Jio

For the past few weeks, speculations are rife in trading circles regarding a mega-investment deal between Microsoft and Reliance Jio. Observers of the stock market foresee a considerable investment by Microsoft in the telecom giant. Before buying stakes in a…

4 Weeks, 4 Investments, 4 Majors, USD 9B In Jio Platforms And RIL Isn’t Done Yet!

Scroll below for our latest tweets on this topic. Read a more updated thread by clicking on any of the tweets below. Lastly, please spare a moment to retweet, share and respond to this thread! https://twitter.com/s_v_g/status/1262784059203129344?s=20 https://twitter.com/s_v_g/status/1262784535944548352?s=20 https://twitter.com/s_v_g/status/1262785258832814081?s=20 https://twitter.com/s_v_g/status/1262785935160127488?s=20 https://twitter.com/s_v_g/status/1262787826384420865?s=20…

General Atlantic Invests $870M In Reliance’s Jio Platforms In Its Largest Asia Deal

US private equity giant General Atlantic has invested $870 million (approximately Rs 6,598 crore) in Reliance's Jio Platforms in its largest deal in Asia so far. The investment gives General Atlantic a 1.34 percent stake in Jio Platforms on a…

5 Lessons That COVID19 Has Taught Us So Far

COVID19 is a watershed moment, and a new set of realities are emerging as a consequence. Fact is, the impact of this pandemic will be felt in ripples that will hit us well after it is over. Like it or not,…

Air India’s Website A Major Hurdle For Those Trying To Fly Out

Many Indians and foreign citizens planning to fly out in one of the special flights arranged by the government are fighting against all odds to book a ticket, which includes an inefficient and snag-prone Air India website. Many have stormed…

Firms Gear Up For Extended WFH

Some startups aim to have most of their employees work permanently from home, in the wake of tech giants Facebook, Google, and Twitter announcing such measures for their employees till 2021. “COVID19 is a watershed moment, and a new set…

Ola, Uber, Other Cab Hailing Apps May Suffer Severe COVID Dent; Personal Car Sales May Benefit

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Indian IT Leans On Govt Spends, Managed Services As Deals Slow

Information Technology spending this year will likely fall as organisations trim investments in technology in the wake of the Covid-19 pandemic-led slowdown, analysts said. Other analysts, however, said hardware deals were still being signed, but not at the same pace…

Reliance Jio Sells Stake To Vista Equity Partners For $1.5B; Deal Fuelled By Gujarati Connection

Four days after Reliance Jio struck a deal with Silver Laker Partners, it has earned fresh investments from another US-based tech-focused private equity fund. Vista Equity Partners has acquired 2.32 percent stake in Jio Platforms for an estimated $1.5 billion…

IT Services Companies Bet On Digital Amid Business Slowdown

Indian IT services companies are betting on generating revenues from their digital business which has seen growth despite the slowdown amid the covid-19 crisis. While each company defines “digital" in slightly different ways, areas like cloud, cyber security, and data…

Aarogya Setu App To Be Preloaded On Phones? Apple’s iPhone Likely To Be A Problem

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After Groceries, Medicines, Uber To Deliver Packages; Explores Alternative Revenue Streams Amid Covid

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What Makes Jio Platforms Command a INR 5 Trillion Valuation

Silver Lake Partners on Monday invested ₹5,665 crore in Jio Platforms for a 1.15% stake. This was at a 12.5% premium to Facebook’s ₹43,574 crore ($5.7 billion) deal for a 9.99% announced on 22 April. So, what has made Jio Platform a…

Slowdown In America’s Retail Sector To Hit Indian IT Firms

IT services companies may see business from US retailers fall sharply, as some non-essential and luxury brands shut stores and furlough employees, analysts said. Infosys, Cognizant, Tata Consultancy Services and Wipro service the retail sector in the US and analysts…

JioMart’s Jio Moment – Can The RIL Company Disrupt Indian Retail?

Queuing up at his local store for grocery worried Naman Jain. With coronavirus cases rising, it was too much of a risk for the resident of the Mumbai suburb of Thane. RIL’s ambitions for Jio are bigger and deeper, says…