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India Business News: Wipro stock price experienced a 1% drop on Monday, hitting a low of Rs 479 on the Bombay Stock Exchange. The sudden departure of CEO and Managing Director Thierry Delaporte caught investors off guard, leading to concerns about the company's immediate future, said an ET report. Many brokerage firms have issued sell ratings on Wipro's stock, anticipating a period of uncertainty before any potential turnaround.

Wipro CEO: In a BSE filing on Saturday, Wipro said its Board noted the resignation of Delaporte with effect from April 6, 2024, and went on to add that he will be relieved from the employment of the company with effect from the close of business hours on May 31, 2024.

EAST BRUNSWICK, N.J. & BENGALURU, India — Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, today…

Srinivas Pallia has been with Wipro for over three decades and most recently served as the CEO for 'Americas 1' region,

New Delhi: Indian IT major Wipro on Saturday announced the resignation of Thierry Delaporte as CEO and named Srinivas Pallia as the new Chief Executive Officer of the company, effective...