IT Companies Resort To Layoffs As Pressure Mounts Due To Covid Crisis

The information technology (IT) industry is laying off thousands of employees across the globe and in India, on grounds of non-performance, lack of projects and rightsizing surplus staff as pressure mounts on firms due to an uncertain business environment.  …

With Valuations At Historical Low, M&A Activity To Pick Up Pace In IT Industry

The hunt for the right acquisition in the IT industry is expected to pick up pace as valuations are down to a historical low, with the possible merger of mid-tier players Mindtree and L&T Infotech playing out earlier than expected. …

Trump’s Order Queers The Pitch For H-1B Workers

US President Donald Trump’s order restricting American federal agencies from hiring foreign workers, including those on the coveted H-1B visas, is likely to further squeeze Indian outsourcers as they work on many such projects either directly or as sub-contractors.  …

Companies Pivot To Digital Even As IT Budgets Are Under Pressure

As the proverbial light at the end of the Covid-19 tunnel increasingly seems like a mirage, with every day bringing new challenges, IT budgets are under increasing pressure. But companies are also spending on initiatives that will help them recover quickly…

Some Relief For Indians As Trump Allows Certain Exemptions In H-1B, L-1 Ban

In what could be a respite for Indian IT professionals and those working in the healthcare sector in US, the Trump administration has announced certain exemptions in H-1B and L-1 travel ban for those continuing employment with the same employer.…

Roshni Nadar Takes Charge At HCL Technologies

Roshni Nadar Malhotra, the only child of billionaire industrialist Shiv Nadar, has been named chairperson of HCL Technologies Ltd, India’s third largest information technology (IT) services firm, as part of a succession plan. “Roshni’s appointment means new blood and new…

IT May See Surge In Offshoring Biz

Indian software services exporters are likely to gain from a steady shift in offshoring business of their global clients amid the upheaval caused by the coronavirus pandemic. With North America and Europe contributing as much as 60% of revenues, shifting business onshore will…

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…

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…

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…