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Wipro's outgoing CEO adds to his resignation bounty with $4-mn share sale

Wipro's outgoing CEO adds to his resignation bounty with $4-mn share sale
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How Wipro stock performed under various CEOs; CLSA says 'Sell', shares target price

CLSA said Wipro may continue to lose market share to its peers. This is largely due to weak execution around client stickiness with low client mining and high level of revenue leakage during periods of weak discretionary demand.

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Wipro shares rose 116% under Thierry Delaporte's tenure. All eyes now on insider CEO

Delaporte had joined Wipro on July 6, 2020, when the market capitalisation was around Rs 117,500 crore. It ended at Rs 2.53 lakh crore at the end of Friday s session. After the rejig at the top management, the stock fell up to 1% at Rs 478.40 on BSE on Monday. ....

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Wipro CEO Thierry Delaporte's resignation: Shares fall as quick turnaround unlikely

Investors will await clarity on any strategic or organisational changes and capital allocation from new CEO and MD Srini Pallia. ....

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Very confident Srinivas Pallia will turn around Wipro: Former CFO Suresh Senapaty

Senapaty s ringing endorsement of Pallia comes months after he expressed concerns about losing great talent during Thierry Delaporte s tenure ....

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