Wipro’s new CEO and MD, Srinivas Pallia, will receive a maximum compensation of $7 million per annum for the first two years, including a cash compensation that may range from a minimum of $1.75 million and a maximum of $3 million per annum.The IT major in a filing with BSE also said that the former CEO, Thierry Delaporte will be paid $4.33 million in the form of cash compensation and applicable social security contributions, subject to appropriate deductions. Meanwhile another exchange filing...
New Wipro chief executive, Srinivas Pallia who has just completed two weeks at his office, revealed his strategy to revive growth at the fourth-largest IT service major. After taking over the charge, he spoke to media for the first time during the announcement of Q4 earnings.Pallia, who has been with Wipro for over three decades, said, during the Q4 earnings that the building blocks are firmly in place, and he is committed to build on this. “While I remain optimistic about the long term, it is...
China Mobile appointed He Biao as CEO three months after previous chief Dong Xin resigned following his appointment to a government position, with CFO Li Ronghua filling the role in the interim.
The month of May started with a rumble for people in parts of New Jersey and Pennsylvania after a minor 2.6 earthquake was reported Wednesday morning. The United States Geological Survey said the earthquake happened around 7 a.m. in Gladstone, New Jersey – the same town that experienced an aftershock following a 4.8 magnitude earthquake last month.People reported feeling rumbles from the earthquake as south as Philadelphia and as far north as Scranton, according to the USGS website. The bulk of...
Fibre network infrastructure provider Zayo Group has appointed Colman
API infrastructure company Setu, a part of merchant-focused digital payments company Pine Labs, said on Monday that it appointed Anand Raisinghani as its new chief executive.In his previous stint, Raisinghani was vice president and head of professional services, BFSI, telecom and media verticals at SAP India. He has more than two decades of experience and has also worked for technology companies like Equifax, IBM and Wipro.Raisinghani will work closely with cofounder Nikhil Kumar, Setu said in a...
Colleen Keating will take over as Planet Fitness CEO on June 10. Franchise still experiencing backlash over its trans inclusive locker policy. Shares plunged three percent following Keating's announcement
The three-bedroom, two-and-a-half bath New Jersey condo is on the market. Just yesterday, the Denver Broncos acquired Wilson from the New York Jets. DailyMail.com
New Jersey residents whose jobs are in New York pay taxes there. A new incentive will pay New Jersey residents who sue over the rule.
Benjamin Franklin High School has named Dr. Kendall McManus-Thomas as its new principal at the Katherine Johnson Campus.
Using digital technology, a new company will make card collecting less expensive and more fun when it starts up this summer.
The fire spread to three buildings on West Side Avenue just before 11:30 a.m. Sunday.