Wipro Ltd on Wednesday said it has been recognised by the Ethisphere Institute, a leading business ethics think-tank, as one of the 2013 World's Most Ethical (WME) Companies, for the second year in a row. The Ethisphere Institute is an international organisation dedicated to the creation, advancement and sharing of best practices in business ethics, governance, anti-corruption and sustainability. ...
11:02 PM, Mar 06, 2013
Mukesh Ambani retained the top spot among Indians on Forbes' annual list of the world's billionaires on Monday with an estimated worth of $21.5 billion. The head of Reliance Industries was placed 22nd on a list headed by Mexican tycoon Carlos Slim. ...
08:21 PM, Mar 04, 2013
The third richest Indian, Wipro chairman Azim Premji, has done it again. Setting an example for the other billionaires in the country, the Wipro Chairman on Friday transferred shares worth about Rs 12,300 crore to his philanthropic arm, the Azim Premji Trust. This is the largest philanthropic transfer by any individual in the country. ...
08:20 PM, Feb 23, 2013
Giving more to philanthropy, IT czar Azim Premji on Friday announced transfer of 295.5 million equity Wipro shares worth Rs 12,300 crore held by certain entities controlled by him, to an irrevocable trust. The trust will utilise the endowment to fund, various social, not-for-profit initiatives of Azim Premji Foundation, which are expected to scale significantly over the next few years, the statement said. ...
11:52 PM, Feb 22, 2013
The third richest Indian is giving it away in charity. At a time when crores are bungled and tucked away in Swiss accounts, Wipro chairman Azim Premji becomes the first Indian to sign up for the Gates-Buffet International Giving Pledge. ...
11:24 PM, Feb 20, 2013
IT czar Azim Premji has said his son Rishad will never be the Chief Executive of his company Wipro, but will represent promoter ownership on the company's board. ...
02:05 AM, Jan 24, 2013
India's no.3 software services provider Wipro Ltd's less-than-perfect score on its quarterly earnings report card threw a measure of doubt over the sector's near-term outlook, with new projects and contracts still elusive. Since a week ago, better-than-expected results from Infosys Ltd, Tata Consultancy Services Ltd and HCL Technologies Ltd sparked a 13 per cent rally in the sector subindex that grinded to a halt on January 18. ...
02:58 PM, Jan 19, 2013
Questions are now being raised as to whether Bangalore can manage its own success. ...
08:22 PM, Nov 02, 2012
Bangalore: IT czar Azim Premji on Friday had a dig at the media and India Against Corruption leader Arvind Kejriwal saying they "flip" from one issue to another without following through. "I think the media also, like Kejriwal, flips from topic to topic," the Wipro chairman told reporters here in response to questions. "What I would strongly request is for the media to have consistency in following through whatever they...
05:35 PM, Nov 02, 2012
Bangalore: Wipro Chairman Azim Premji has raised a stink over Bangalore's garbage crisis, that is worsening by the day, and slammed the city's civic body, Bruhat Bangalore Mahanagara Palike (BBMP). Trash has been piling up at several places across the city for the past two months as the municipal body struggles to clear it away. Premji's criticism comes two days after the embarrassed state government was forced to take action...
01:08 PM, Nov 02, 2012
New Delhi: Reliance Industries Chairman Mukesh Ambani is the country's richest man with a personal fortune of $ 21 billion, according to Forbes Magazine. Mukesh Ambani beats steel giant Lakshmi Mittal and Wipro head Azim Premji to top the Forbes's list. Lakshmi Mittal has attained the second spot with $16 billion and the third spot goes to Azim Premji. Pharma tycoon Dilip Shanghvi is the biggest gainer making an entry...
12:42 PM, Oct 25, 2012
New Delhi: Reliance Industries Chairman Mukesh Ambani is the country's richest man with a personal fortune of $21 billion, according to Forbes Magazine. Mukesh Ambani beats steel giant Lakshmi Mittal and Wipro head Azim Premji to top the Forbes's list. Lakshmi Mittal has attained the second spot with $16 billion and the third spot goes to Azim Premji. Mukesh Ambani has retained his position as the world's richest Indian for...
08:26 AM, Oct 25, 2012
New Delhi: Reliance Industries chairman Mukesh Ambani, with a personal fortune of $19.3 billion, is the richest Indian, China-based research firm Hurun said in a report Wednesday. Ambani is followed by Arcelor-Mittal chief LN Mittal, whose wealth is pegged at $16.9 billion. In terms of personal fortune, Ambani and Mittal are followed by Azim Premji of Wipro ($12.3 billion), Dilip Shanghvi of Sun Pharmaceuticals ($8.5 billion), Pallonji Mistry of Shapoorji...
02:11 PM, Oct 11, 2012
Srinagar: Congress General Secretary Rahul Gandhi will be holding an interaction session with the students of the Kashmir University on Friday. Rahul's delegation will include country's top corporate chiefs who will also be addressing the students. The event aims at allaying the fears of big business houses who want to invest in the state and create jobs in the valley. The delegation of businessmen includes Ratan Tata, Kumar Mangalam Birla,...
12:08 PM, Oct 05, 2012
Bangalore: Wipro Chief Azim Premji, who had recently said India was functioning without a leader, on Tuesday wanted Prime Minister Manmohan Singh to be given a fair chance for rolling-out reforms. Premji's observations come on the heels of Tata group chairman Ratan Tata stating (rpt stating) it was unfair to single out Singh for the country's current economic woes. "Frankly, it is difficult to say how it (reform process) is...
02:20 AM, Jul 25, 2012
Bangalore: Strongly condemning the violence at Maruti Suzuki's plant at Manesar in which a senior executive was killed, Wipro Chairman Azim Premji on Tuesday said Government should act "ruthlessly" against such social unrest. "I don t understand the details of the incident that caused the precipitation. It was pretty extreme, ruthless and very unfortunate. "It is important that individuals and associations take up the cause and government should act ruthlessly,"...
03:40 PM, Jul 24, 2012
New Delhi: Wipro chairman and managing director Azim Premji took a huge pay cut in the last fiscal. His remuneration fell to about Rs 1.9 crore in 2011-12 from Rs 4.5 crore in 2010-11. His salary is just Rs 30 lakh with allowances a little over Rs 13 lakh. The annual report says his incentives total Rs 1.1 crore where as other annual compensation and deferred benefits make for Rs...
03:28 PM, Jul 02, 2012
New Delhi: After the World Bank cut India's growth forecast to 6.9 per cent in 2012-2013, India Inc leaders have expressed concern over the political situation in the country. Wipro Chairman Azim Premji said, 'We are working without a leader as a country. If we do not change, we would be down for years.' The World Bank has cut India's growth forecast to 6.9 percent in 2012-2013 citing monetary policies,...
11:14 AM, Jun 13, 2012
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
