Mumbai: A trust controlled by Wipro's billionaire founder Azim Premji plans to sell up to 35 million shares or around a 1.4 per cent stake in the Indian software company on the stock market via a new auction process to fund education projects. Premji and his family own about 79 per cent of India'a third-largest software exporter through various units that include the Azim Premji Trust, which will sell the...
04:39 AM, Mar 13, 2012
Washington: Reliance India chairman Mukesh Ambani with a net worth of $22.3 billion emerged as the world's richest Indian in the Forbes list of billionaires featuring 48 Indians. India's top ten included Savitri Jindal & family (world rank 80), Sunil Mittal & family (113), Kumar Birla (116) Anil Ambani (118) Dilip Shanghvi (124) Shashi & Ravi Ruia (133) and Kushal Pal Singh (153). Ambani, despite losing $4.7 billion in the...
07:45 PM, Mar 08, 2012
New York: India is home to over four per cent of the world's billionaires, including the likes of the Ambani brothers, Azim Premji and NR Narayan Murthy alongside Warren Buffet and Bill Gates in Forbes magazine's annual list of the world's richest people. Forbes's list of 1226 billionaires is topped by Mexico's 72-year-old telecom czar Carlos Slim, boasting of a networth of $ 69 billion. Slim retained his title as...
08:26 AM, Mar 08, 2012
Indian business tycoon Azim Premji was honoured with the lifetime achievement award. ...
10:57 PM, Jan 29, 2012
Davos: Wipro Chairman Azim Premji on Friday said India's agriculture needs right leadership and a drive from Prime Minister because the sector is key to the country's economy. "What we require in short term is much more investment in agriculture and agricultural productivity. "If that can be controlled in terms of getting the right leadership there and the right drive from the Prime Minister and his office in the area...
12:21 AM, Jan 28, 2012
Bangalore: Wipro chairman Azim Premji on Friday hoped that the United Progressive Alliance (UPA) government would get pro-active on policy initiatives after the elections to the five state assemblies. "I personally expect and our company's view is that the government will get much more active on policy initiatives post-elections, irrespective of their results," Premji told reporters here. Assembly elections will be held in Goa, Manipur, Punjab, Uttarakhand and Uttar Pradesh...
02:01 AM, Jan 21, 2012
Kolkata: Wipro Chairman Azim Premji on Wednesday met West Bengal Chief Minister Mamata Banerjee and expressed the desire to invest around Rs 700-800 crore to expand its operations in the state. State Finance Minister Amit Mitra, who was present at the meeting, told reporters here that the IT major wanted to make the investment at its proposed facility at Rajarhat near the metropolis. Quoting Premji, Mitra said Wipro would create...
09:07 PM, Dec 07, 2011
Washington: Software czar Azim Premji and anti-corruption activist Anna Hazare are among five Indians who figure in the Foreign Policy magazine's list of Top 100 Global Thinkers, that is dominated by revolutionaries who have been the driving force behind the Arab Spring. The list features US President Barack Obama, who is ranked 11th among the top 100 global thinkers, and also includes writer-activist Arundhati Roy, poverty researcher Deepa Narayan and...
01:45 PM, Nov 29, 2011
Washington: Software czar Azim Premji, social activist Anna Hazare and writer Arundhati Roy are among the five Indians who figure in Foreign Policy's prestigious list of Top 100 Global Thinkers, which also includes US President Barack Obama. The top nine positions in the list is occupied by leading Arab revolutionaries including Mohamed Elbaradei from Egypt, the former IAEA chief; Ali Ferat, the Syrian human rights lawyer and cartoonist, and the...
12:05 AM, Nov 29, 2011
New Delhi: Leaders of the Indian industry have once again written a letter to the government expressing their concerns over corruption. Here is the full text of the letter: On January 17, 2011, we, a group of like-minded citizens who were deeply concerned with the state of affairs of the nation addressed an Open Letter to our leaders. This letter focused on four issues - (a) Growing Governance Deficit (b)...
08:11 AM, Oct 11, 2011
New Delhi: Leaders of the Indian industry have once again written a letter to the government expressing their concerns over corruption. The open letter signed by Anu Aga, Azim Premji, Deepak Parekh and Jamshed Godrej among others, says day-to-day corruption being faced by the common man is a bigger worry and the focus should be on this rather than on 'episodic corruption' - that Team Anna is focusing on. The...
07:32 AM, Oct 11, 2011
Mumbai: The country's third largest software exporter Wipro today reported a growth of 13.77 per cent in consolidated net profit for the quarter ended March 31, 2011, to Rs 1,375.4 crore. Last year, the company had posted a net profit of Rs 1,208.9 crore for the fourth quarter. "We have made good progress in creating a leaner, simpler and more customer-centric organisation structure. We believe our business strategy along with...
10:54 AM, Apr 27, 2011
Rajdeep Sardesai in conversation with Bill and Melinda Gates, about their investments in India and a lot more. ...
06:33 PM, Mar 27, 2011
New Delhi: The Centre's proposed law making spending on Corporate Social Responsibility (CSR) mandatory is drawing heavy criticism from India Inc. Slamming the government's proposed move saying legislation will bring in abuse, India's biggest philanthropist Azim Premji says there is no need for a law on mandatory CSR spending. Speaking at a press conference with Warren Buffet and Bill Gates, Wipro Chairman Azim Premji said he felt larger companies had...
07:51 AM, Mar 25, 2011
In an exclusive interview to CNN-IBN, Melinda and Bill Gates talk about philanthropy and also how Azim Premji has shown the way in India. ...
07:41 AM, Mar 23, 2011
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Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
