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Azim Premji

Azim Premji gifts 1 crore equity shares of Wipro worth over Rs 480 crore to his sons

Azim Premji gifts 1 crore equity shares of Wipro worth over Rs 480 crore to his sons

Thu, Jan 25, 2024

Tech magnate Azim Premji's son Rishad Premji currently helms Wipro as its Executive Chairman, and is a prominent face of the IT industry.

Azim Premji turns 78: All you need to know about the Czar of Indian IT industry

Azim Premji turns 78: All you need to know about the Czar of Indian IT industry

Mon, Jul 24, 2023

He successfully led the company for 55 years and then stepped down in 2019 paving the way for his son Rishad Premji to take over as the next chairman. Presently, Wipro is India’s third largest IT company after TCS and Infosys.

Zerodha co-founder Nikhil Kamath becomes 4th Indian to join The Giving Pledge, commits to donate majority of his wealth

Zerodha co-founder Nikhil Kamath becomes 4th Indian to join The Giving Pledge, commits to donate majority of his wealth

Tue, Jun 06, 2023

Nikhil Kamath of Zerodha, who is only 35 years old, becomes the fourth Indian, following Azim Premji, Kiran Majumdar-Shaw, as well as Rohini and Nandan Nilekani, to join The Giving Pledge.

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Wipro chairman Azim Premji calls for lower tax rates for voluntary compliance

Wipro chairman Azim Premji calls for lower tax rates for voluntary compliance

Wed, Jul 25, 2018

Insisting that India's tax-GDP ratio also climbs substantially, he opined that the country's public social investments, which include areas like education, health and social security, will also rise.

Mukesh Ambani with $40bn, richest among 121 billionaires in India: Forbes

Mukesh Ambani with $40bn, richest among 121 billionaires in India: Forbes

Wed, Mar 07, 2018

India has 121 billionaires -- 19 more than last year -- making them the third largest group of the ultra-rich after those from the US and China, according to Forbes, the business magazine that produces an annual list.

V Balakrishnan pitches for Nandan Nilekeni, NRN or Premji for CIO post

V Balakrishnan pitches for Nandan Nilekeni, NRN or Premji for CIO post

Tue, Dec 19, 2017

Former Infosys CFO V Balakrishnan today urged the Centre to get persons like the company's Nandan Nilekani or IT czars N R Narayana Murthy or Azim Premji for the reportedly proposed post of Chief Information Officer under the PMO.

Snapdeal to send Flipkart's proposal to shareholders this week

Snapdeal to send Flipkart's proposal to shareholders this week

Sun, Jul 30, 2017

The Board wants to get the shareholders' opinion on the proposed deal, two people aware of the developments said.

What will Wipro's Q1FY18 be like? Analysts ponder

What will Wipro's Q1FY18 be like? Analysts ponder

Wed, Jul 19, 2017

Wipro's peers TCS and Infosys Q1FY18 performance was hampered by strong rupee and wage hike. It would be interesting to see how Wipro performs this Q1.

Snapdeal's sale to Flipkart witnesses delays on complex due diligence process, small investors concerns

Snapdeal's sale to Flipkart witnesses delays on complex due diligence process, small investors concerns

Mon, Jun 26, 2017

The sale of Snapdeal to Flipkart is witnessing delays on account of complex due diligence process and small investors asking greater clarity on its terms of sale. However, the sale is expected to be concluded by July this year.

Wipro Chief Azim Premji denies media report on sale of stake

Wipro Chief Azim Premji denies media report on sale of stake

Tue, Jun 06, 2017

Wipro chairman Azim Premji has denied the latest media report on stake sale in the IT company and termed the news article reportedly published in this regard as "baseless and malicious."

Wipro chief Premji's salary drops 63% to $1,21,853 in FY17

Wipro chief Premji's salary drops 63% to $1,21,853 in FY17

Mon, Jun 05, 2017

Premji's package included USD 66,464 in salary and allowances and USD 41,742 (others) and USD 13,647 in long-term compensation (deferred benefit - company's contribution to the Provident Fund and Pension Fund), totalling to USD 121,853 for the year 2016-17, as per documents with the US SEC.

Wipro reports muted Q4 net profit; revises Q1FY18 guidance

Wipro reports muted Q4 net profit; revises Q1FY18 guidance

Tue, Apr 25, 2017

For the full financial year, the company registered a net profit of Rs 8514.3 crore as against Rs 8956.7 crore during the same period last year.

Reliance Industries' Mukesh Ambani tops Indian billionaire list in Forbes survey; see full list

Reliance Industries' Mukesh Ambani tops Indian billionaire list in Forbes survey; see full list

Tue, Mar 21, 2017

Reliance Industries' chairman and MD Mukesh Ambani has topped the list of Indian billionaires featured in Forbes recent survey titled 'The World's Billionaires' with global ranking of 33 and networth of $23.2 billion, find out names of other Indians in the list.

Demonetisation impacts billionaire club; Mukesh Ambani richest

Demonetisation impacts billionaire club; Mukesh Ambani richest

Tue, Mar 07, 2017

India's billionaire club has shrunk by 11 people since the demonetisation last November, while Mukesh Ambani remains the richest Indian with a net worth of $ 26 billion, a study showed today.

Implementation of smart city project not smart: Premji

Implementation of smart city project not smart: Premji

Sun, Feb 05, 2017

"It is unfortunate that the smart city project got lot of attention from Prime Minister Narendra Modi but its implementation has been shallow," said Premji at a function to celebrate the company`s 2016 earthian programme awards here.

Wipro's vice chairman T K Kurien to head Premji Invest

Wipro's vice chairman T K Kurien to head Premji Invest

Thu, Jan 26, 2017

Wipro's vice chairman T K Kurien will join the private equity firm Premji Invest on February 1.

Wipro's Q3 net profit drops 6%; revises Q4 guidance

Wipro's Q3 net profit drops 6%; revises Q4 guidance

Wed, Jan 25, 2017

Giving the guidance the company said that they expect revenues from our IT Services business to be in the range of $ 1,922 million to $ 1,941 million.

Will Wipro follow rivals' path in beating Q3 estimates?

Will Wipro follow rivals' path in beating Q3 estimates?

Wed, Jan 25, 2017

Wipro rivals, Infosys and Tata Consultancy Services has already announced its financial result in the beginning of earning season.

T K Kurien, Wipro's executive vice chairman to retire on Jan 31

T K Kurien, Wipro's executive vice chairman to retire on Jan 31

Tue, Jan 24, 2017

IT major Wipro Limited today announced that T K Kurien, Executive Vice Chairman and Member of the Board will retire on January 31, 2017.

Wipro posts nearly 8% drop in Q2 net profit; cuts guidance

Wipro posts nearly 8% drop in Q2 net profit; cuts guidance

Fri, Oct 21, 2016

The company in a regulatory filing said that the total income during Q2FY17 increased from Rs 13198.6 crore in Q2FY16 to Rs 14407.3 crore.

Chart of the day: Forbes richest Indian list

Chart of the day: Forbes richest Indian list

Fri, Oct 21, 2016

Forbes’ edition of most affluent Indians, released on Friday had Mukesh Ambani, managing director of Reliance Industries on top of the charts with net worth of $22.7 billion.

Wipro acquires US-based Appirio for $500 million

Wipro acquires US-based Appirio for $500 million

Thu, Oct 20, 2016

A 1250-employee company, Appirio is based in Indianapolis and was founded in 2006. The company has clients like Coca Cola, Facebook, Sony Playstation, eBay, among others.

Mukesh Ambani tops Forbes' 100 Richest Indians list; Sun Pharma's Dilip Shanghvi bags no 2 spot

Mukesh Ambani tops Forbes' 100 Richest Indians list; Sun Pharma's Dilip Shanghvi bags no 2 spot

Thu, Sep 22, 2016

Reliance Industries Chairman Mukesh Ambani has grabbed the top most position in the Forbes' '100 Richest Indians' list with a net worth of $22.7 billion (nearly Rs 1,51,017.43 crore).

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