NEW DELHI, Nov. 27 -- IT services provider Wipro Ltd has lagged its peers in revenue growth for a long while now. This, analysts say, is primarily due to lack of aggressive business strategies.
In a refreshing move, Wipro has acknowledged the importance of change and is adopting a bold avatar.
At its analysts' meet on 18 November, new chief executive officer Thierry Delaporte outlined an "operating restructuring" plan and strategic initiatives to boost growth. Chairman Rishad Premji said, "You will see an obsession for growth, you will see much stronger external market orientation. I'm confident that you will see a bolder Wipro, that's not afraid to shake the apple cart." The management re-emphasized its focus on accelerating revenue grow...