Kurien

"In the short term, we will continue with just-in-time hiring," Mr. Kurien said.

Wipro Sounds Caution on Middle East Unrest Dhanya Ann Thoppil 2011

It now plans to invest in hiring consultants and partners, to better address demand, Mr. Kurien said.

Wipro Sounds Caution on Middle East Unrest Dhanya Ann Thoppil 2011

However, Mr. Kurien remained optimistic about clients' willingness to spend their technology budgets, especially from the U.S.--the largest outsourcing market.

Wipro Sounds Caution on Middle East Unrest Dhanya Ann Thoppil 2011

The situation in the Middle East and Africa "worries me," new chief executive, T.K. Kurien, told Dow Jones Newswires in a recent interview.

Wipro Sounds Caution on Middle East Unrest Dhanya Ann Thoppil 2011

"We are looking at a steady growth in margins on-year until it reaches a certain level we are comfortable with and then we should invest back into the company," Mr. Kurien said.

Wipro Sounds Caution on Middle East Unrest Dhanya Ann Thoppil 2011

However, Kurien expects the rise in business volumes and sustained reduction in costs to help improve margins over time.

Wipro Sounds Caution on Middle East Unrest Dhanya Ann Thoppil 2011

The federation's initiatives, driven by former chairman Verghese Kurien, are to empower milk producers by collectively marketing them.

Essar Plans New Global Partner for Mobile Retailing Business Aveek Dattaaveek of Mint 2011

The consistently disappointing performance forced the outsourcing major to trim its technology operations earlier this year into six business units and replace co-chief executives Girish Paranjpe and Suresh Vaswani with T.K. Kurien.

Wipro Profit Climbs 14% Rumman Ahmed 2011

In March, Wipro Ltd., India's third-largest software exporter by sales, said its board approved a compensation package of up to 100 million rupees a year for T.K. Kurien, the new chief of Wipro Technologies, its global information technology business.

TCS Board Raises CEO's Salary Limit Dhanya Ann Thoppil 2011

As part of the re-jig, the company now plans to build a large employee base for the next fiscal year to remain prepared to address the spurt in outsourcing demand, Mr. Kurien said.

Wipro Sounds Caution on Middle East Unrest Dhanya Ann Thoppil 2011