Tk Kurien

The managers said the HR had asked them to identify the bottom 10 percent during appraisals which concluded in April.

TK Kurien named Managing Partner & CIO of Premji Invest

Kurien is Wipro's Executive Vice-Chairman and is set to retire from that post at the end of this month.

$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.

Discretionary budgets to go up in Europe but down in US: Wipro

We see discretionary budgets actually cut, maybe flat to reducing a little bit going forward as far as the US is concerned. Europe on the other hand just the opposite, said TK Kurien, CEO, Wipro.

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.

Wipro Q3 profit declines, IT services revenue meets forecast

IT services revenue met analysts' muted expectations, rising 2.25 percent to Rs 12,314 crore in quarter ended December 2015 compared to Rs 12,042.8 crore in preceding quarter. A CNBC-TV18 poll had expected it at Rs 12,371 crore for the quarter.

Wipro carves out new MIT unit, appoints Bhanumurthy as COO

The company has also formed a new unit, Marketing, Innovations and Technology (MIT), which will be headed by Wipro's Global Infrastructure Services (GIS) Head G K Prasanna.

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.

Wipro reshuffles top deck; appoints Neemuchwala as new CEO

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.

Wipro Launches `Travel & Expense Management as a Service` Solution for Enterprises on Microsoft Azure

Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting and business process services company, today announced the launch of a ...

Wipro Q2 $ revenue meets forecast, up 2%; Q3 guidance weak

Revenue grew by 4 percent sequentially to Rs 12,040 crore and dollar revenue increased by 2.1 percent to USD 1,831.9 million in quarter ended September 2015.

See better Q2, H2FY16, growth from telecom: Wipro

While chief executive office TK Kurien refained from giving any guidance, citing SEC rules, he says the company is more than making up for pricing pressure by hiking productivity.

See Q1 IT services sales growth in -0.5 to1% range: Wipro

The company is hopeful of maintaining margins on operational improvements and productivity enhancements. The management, in a press conference, said the momentum is picking up in infrastructure and product engineering.

Wipro CFO says revenue growth to pick up in FY16

In an interview with Poornima Murli, Suresh Senapaty said the company‘s European business continues to remain under pressure.

Wipro, Infosys sound caution in Nasscom Summit

IT companies are now facing the fact that tradition core IT services that contributes to majority of revenues are actually seeing a decline by 70-80 percent and the digital spending uptick of 25-30 percent cannot make up for the loss in traditional services.

Revenue will remain lumpy in coming quarters: Wipro CEO

Wipro‘s third quarter profit (from IT services and products business) jumped 5 percent sequentially to Rs 2,203.1 crore. The company‘s IT services revenue rose 3.9 percent to Rs 11,344 crore in October-December quarter and dollar revenues increased 1.3 percent to USD 1.795 billion on sequential basis, beating street expectations.

Wipro Q3 net climbs 5%, sees Q4 IT revenue at $1.81-1.85 bn

IT services revenue rose 3.9 percent to Rs 11,344 crore in October-December quarter and dollar revenues increased 1.3 percent to USD 1.795 billion on sequential basis.

Deal pipeline looks steady with marginal progress: Wipro

Software services firm Wipro's second quarter (July-September) net profit declined nearly 1 percent sequentially (up 8 percent year-on-year) to Rs 2,098.3 crore dented by higher tax and finance expenses, and reconciling items. Profit in the previous quarter was Rs 2,118 crore.

Certainly more bullish on 2014-15 growth: Wipro's Kurien

The company‘s consolidated profit after tax climbed 4.27 percent sequentially to Rs 2,014.7 crore and revenues grew 3 percent to Rs 11,327.4 crore for the quarter ended December 2013.

Wipro Q3 meets estimates, IT services revenue up 2.6% QoQ

For the quarter ended March 2014, Wipro expects revenues from IT services business to be in the range of USD 1,712 million to USD 1,745 million including the revenues from acquisitions.

Aiming for industry growth level in FY15: Wipro management

Wipro's strategy is to focus on its top 125 accounts that have been yielding results. The compnay said it is comfortable with a 13-15 percent attrition, and that its utilization levels, excluding trainees, was between 75-78 percent.

Wipro jumps on strong Q2 outlook, analysts say 'buy'

Wipro's growth has lagged peers for two years now, but now things may set for a turnaround. It gave a 2-4 percent sequential US Dollar revenue growth guidance for Q2 and has said that there is pickup in large deal closures and confidence among clients is higher.

Q1 traditionally weak quarter; bullish on Q2: Wipro

Given the fact that the first quarter of the financial year is traditionally a weak quarter for Wipro's Indian business, one should not read too much into the guidance, says chief executive officer TK Kurien.

Cautiously optimistic about future growth: Wipro

In an interview to CNBC-TV18, Wipro's management, executive director and chief financial officer Suresh Senapaty, chief executive officer-IT biz and executive director TK Kurien, executive VP-HD Pratik Kumar, speak about the results and give their outlook going forward.

Aim to grow higher than industry average in FY13: Wipro CEO

India's third largest software services provider Wipro disappointed the street with a muted guidance for the first quarter. However, the company endeavors to grow higher than the industry average in fiscal 2013, its CEO TK Kurien said on Wednesday.