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Former Wipro exec’s Dallas Venture Capital to raise $50-million funding for India startups

Dallas Venture Capital plans to invest about $130 million in enterprise focused B2B SaaS startups over the next five years through its India and US funds across India and the US

Wipro appoints Thierry Delaporte as CEO & Managing Director

Abidali Neemuchwala will relinquish his position as CEO and MD on June 1.

Who is outgoing Wipro CEO Abidali Neemuchwala?

Through his 27+ years of service, Neemuchwala’s career includes serving key leadership roles in business, technology, sales, operations and consulting.

Businesses, govts must invest in reskilling to address job loss worries: Wipro CEO Abidali Neemuchwala

Speaking at a session here at the World Economic Forum's annual meeting, he said businesses must also improve their ability to assimilate cultures.

Looking at both small start-up type companies & large ones for acquisition: Wipro

CNBC-TV18 is the only TV channel to get access to the newly set-up centre of Wipro in Silicon Valley and Shereen Bhan caught up with CEO Abidali Neemuchwala at this new facility and asked him about the company's plans for alliances and investment strategies in the Silicon Valley.

Wipro has invested heavily in data: CEO Neemuchwala

Data is going to be the currency of the future and the company has invested heavily in it, Wipro CEO Abidali Neemuchwala has said.

Can a gig economy come to the rescue of the beleaguered IT sector?

In order to stay competitive IT companies are already retiring high-cost employees and replacing them with younger ones.

Resilient to absorb cost increases from H1B visa reform: Wipro

There are many risks to the IT sector and the company needs to respond primarily to the changing customer needs to stay at the top. He feels the Indian IT industry is quite resilient to shocks and Wipro may emerge successful.

Indian IT resilient, well placed to adapt to changes: Wipro

Wipro's new CEO Abidali Neemuchwala believes in the resilience of the Indian IT industry and said that it is just going through a change and sees Wipro well positioned to accomodate these changes.

Adobe CEO Shantanu Narayen's advice to Indian IT cos

Indian IT companies need to pivot to the cloud technology to stay ahead of the curve -- that's the advice to the likes of Wipro and Infosys from Adobe's Shantanu Narayen.

Wipro CEO Neemuchwala gets $1.8 mn pay package in FY16

According to a regulatory filing, Neemuchwala received USD 859,079 in salary and allowances, USD 351,213 in commission/variable pay, USD 575,122 as other payouts and USD 21,216 as 'long-term compensation' during the financial year ended March 31.

$15bn revenues in 4 yrs a goal grounded in reality: Wipro CEO

In an e-mail to employees, Abidali Neemuchwala, who took over as Wipro's chief executive officer on Monday said the company must begin to think like a start-up and also create a workplace that is a 'melting pot' of diverse ideas.

Mindtree rejigs top management, names Rostow Ravanan as CEO

Effective April 1, the move will see current chief Krishnakumar Natarajan moving on to the role of Executive Chairman with co-founder Subroto Bagchi stepping down from the position. Bagchi will continue on the Board as a non-executive director.

Demand environment for IT budget flat to negative: Wipro CEO

TK Kurien, Chief Executive Officer at Wipro pointed out that the company posted the best quarter in terms of new deals by bagging 6 new deals largely led by global infrastructure services. The new deal wins In Q3 reflect in the guidance for Q4, he added.

Infograph: Will Neemuchwala restore Wipro's glory days?

In a statement released, Wipro has said that Kurien will continue to be a member of the board until March 31, 2017 and will continue to report to Azim Premji.