Srinivas Pallia, the new CEO of Wipro Ltd, will have to navigate a challenging business environment as the Indian IT industry faces tough times. Shareholders are growing impatient due to a delayed turnaround, and there are high expectations for Pallia. He needs to boost employee morale, reverse senior-level attrition, and bring in large deals to improve performance. The appointment of Pallia represents a shift towards internal leadership at Wipro. The exit of previous CEO Thierry Delaporte was expected as Wipro struggled in Europe. The company’s financial results have shown a decline in net profit and revenue growth.
-
Uncategorized
BJP has ousted JJP from the Haryana government as part of their strategy ahead of elections. Dushyant Chautala, who formed an alliance with BJP, is now facing challenges as power slips from his hands. Several parties have seen MLAs align with BJP. Leaders from different political backgrounds are trying to associate themselves with BJP for their political future.
Airtel Africa announced the retirement of CEO Olusegun Ogunsanya and the appointment of Sunil Taldar as the new CEO. Ogunsanya, who joined Airtel in 2012, led the company in maintaining double-digit revenue growth and delivering innovative products across Africa. After his retirement, Ogunsanya will become the Chairman of the Airtel Africa Charitable Foundation, which will focus on sustainability initiatives, digital and financial inclusion, education, and environmental protection.
