Earlier in January, two US Congressmen introduced a bill to raise the minimum wage for those on the work permit to $100,000 from $60,000 currently.
"The big change is that we want all our conversations to be cloud-first - from delivery to 'solutioning' - and I have set goals in terms of the amount of revenue, customers and consumption of cloud," he said.
Leaked drafts of executive orders also seek to reverse the Obama's decision to allow spouses of H1B Visa holders to work in that country.
Wipro said the partnership would help customers boost the automation in their procurement, finance and accounting functions.
Blackstone owns over 60 per cent of Mphasis, after it bought out Hewlett-Packard’s stake in the company last year. Rakesh stepped down as CEO of US-listed Syntel in November.
Kurien will succeed Prakash Parthasarathy, the current CIO of Premji Invest, who has resigned to pursue ‘his entrepreneurial aspirations.’
The Mumbai-headquartered company has said it is looking to double its revenue in three years and winning larger deals and growing in newer markets is part of that strategy.
The banks involved in the larger pilot, including State Bank of India, are working with New York-based startup MonetaGo, which will provide the platform.
Kurien served as Wipro chief executive for five years before being replaced in that role by Abid Ali Neemuchwala early last year.
The slowdown was seen across all city tiers, with a de growth of 31.7 percent in Tier 1 cities and 29.5 percent in Tier 2,3 & 4 cities in Nov 2016 over Oct 2016.
- No blogs yet have been written by the author, we’re sure the author will contribute one soon