In the five months since he took over as chief executive officer of Wipro Ltd., Thierry Delaporte has yet to visit the Indian outsourcer’s Bangalore headquarters once. The company’s stock has rallied about 70% since his appointment, most among India’s four largest outsourcing firms during that period. It’s a rare victory for Wipro, but one the veteran of France’s Capgemini SE is determined won’t be its last. The challenge of that new mission is reflected in industry growth rates that were once regularly in double digits and have since crashed. That’s helped give him clarity on the tenuous nature of his place at Wipro, even with a five-year CEO contract.

Source: Mint December 06, 2020 22:52 UTC