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Executive Movements

Wipro GE Healthcare appoints Elie Chaillot to the Board, Shishir Gupta as Head of Growth and Strategic Initiatives for South Asia

Wipro GE Healthcare, a global medical technology and diagnostics innovator, announced the appointment of Elie Chaillot, President & CEO, GE Healthcare Intercontinental, to its Board of Directors. This announcement comes after the formation of a new Intercontinental Region within GE Healthcare, led by Chaillot. The Intercontinental region is a nearly $3 billion business unit with […]

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Investment

Trifecta Capital raises $140 mn to close its second fund

Venture debt fund Trifecta Capital has raised $140 million towards the final close of its second fund, higher than targeted on sustained interest from domestic institutional investors, family offices and large fund of funds such as Small Industries Development Bank of India (Sidbi), according to ET report. “We had announced our first close at Rs […]

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Corporate

Wipro Chairman Rishad Premji’s to lose executive role due to SEBI rules

In the wake of the new guidelines proposed by market regulator SEBI, Wipro Chairman Rishad Premji might lose his executive powers in the tech company after 1 April, as per a TOI report. In 2018, SEBI through its rules had directed the top 500 listed companies in India to ensure that their chairperson is a […]

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News

Wipro appoints former SBI chairman Arundhati Bhattacharya as an independent director.

Wipro Limited, the India-based information technology, consulting and business process services company headquartered in Bengaluru has appointed former State Bank of India chairman Arundhati Bhattacharya as an independent director for a term of 5 years, with effect from January 1, 2019. “I am delighted and privileged to be invited to join the Board of Wipro Ltd., […]