Abidali Neemuchwala News

Markets

Wipro shares fall nearly 2% as CEO Abidali Neemuchwala to step down

The company's scrip declines 1.66% to close at Rs236.80 on the BSEOn the NSE, Wipro shares dip 1.74% to close the day at Rs236.50

1 min read31 Jan 2020
Companies

Businesses, govts must invest in reskilling: Wipro CEO Abidali Neemuchwala

Speaking at a session at WEF's annual meeting, he said businesses must also improve their ability to assimilate culturesWipro is recruiting locally everywhere in the world, hiring as many people in the US

1 min read22 Jan 2019
Companies

Wipro appoints ex-IBM Bill Stith as healthcare head

Bill Stith is Wipro CEO Abidali Neemuchwala's third senior-level appointment in 2018, following those of Christophe Martinoli and Harmeet Chauhan

2 min read20 Nov 2018
Companies

Wipro vice-president quits in second high-profile exit in two months

Ankur Prakash was one of eight TCS executives to join Wipro after Abidali Neemuchwala took over as CEO

1 min read28 Sep 2018
Companies

Salil Parekh wary of hiring senior talent from outside Infosys

Salil Parekh's approach since taking over as CEO in January is distinct from that of former CEO Vishal Sikka, who in his first nine months hired 14 executives from SAP AG

3 min read10 Sep 2018
Companies

Wipro CEO’s friend helped win the Alight Solutions contract

FCM Consulting, founded by Mitchell Habib, facilitated transaction between Wipro and Alight Solutions for the $1.6 billion outsourcing contract

3 min read4 Sep 2018
Companies

Wipro bags its biggest-ever contract from Alight Solutions

Under the $1.6 billion, 10-year outsourcing contract, Wipro will provide a comprehensive suite of solutions services to the US-based Alight Solutions

3 min read3 Sep 2018
Companies

Wipro’s turnaround strategy working well, says CEO Abidali Neemuchwala

Wipro CEO Abidali Neemuchwala, however, maintained silence on the Alight Solutions deal, saying the company is still in discussions to complete the transaction

3 min read26 Jul 2018
Companies

Wipro wins $1 billion IT deal from Alight Solutions

Starting next year, Wipro is assured of at least $140 million in revenue, a shot in the arm for Abidali Neemuchwala, who since taking over as chief executive officer in February 2016 has been trying to put the Bengaluru-based company back on the growth path

2 min read23 Jul 2018
Companies

₹ 146.19 crore. That’s how much Tech Mahindra paid CEO C.P. Gurnani in FY18

Tech Mahindra CEO C.P. Gurnani's salary consists has a large component of stock options, which pegs his remuneration significantly higher than peers at TCS, Infosys and Wipro

2 min read9 Jul 2018
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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