Delaporte articles
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With $11 million exit pay, Delaporte joins other CEOs in costly exits
Outgoing Wipro CEO Thierry Delaporte is set to get a separation payment of Rs 92.1 crore (or about $11 million) after his ahead-of-schedule exit from India's fourth-biggest outsourcing company, joining a swelling list of top executives in the country's most globalized industry to have inked iron-clad job contracts that guarantee hefty severance packages. Pursuant to the terms of the employment arrangement with Mr. Delaporte, if his employment is terminated by the company without a cause, the...
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Lenskart's $200-million secondary; Wipro’s Delaporte’s golden handshake
Happy Thursday! Singapore investor Temasek and US-based fund Fidelity are preparing for a $200-million funding round in Lenskart. This and more in today's ETtech Morning Dispatch.Also in the letter:■ Flipkart’s FireDrops seeks use cases■ Zilingo's Ankiti Bose files FIR against cofounder ■ Database company MongoDB ups India play Temasek, Fidelity may invest $200 million in Lenskart via secondary deal109577363Singapore’s state-owned Temasek and US investment fund Fidelity are in talks to invest in...