Azim Premji

  • Wipro Q1 profit rises 29.5 per cent to Rs 2,103 crore 6 days ago

    Bangalore: IT services major Wipro on Thursday reported a 29.5 per cent growth in its consolidated net profit at Rs 2,103.2 crore for April-June period, helped by large deals in the application and infrastructure space. The city-headquartered firm had posted a net profit of Rs 1,623.3 crore in the year-ago period,...
  • Constant thinking about next big idea is wrong, says Azim Premji April 22, 2014

    Hyderabad: Even as B-school graduates head out with big ideas of businesses and innovations, business tycoon and philanthropist Azim Premji, while handing out graduation certificates to students at Hyderabad's ISB urged them to focus on ordinary things. Here is the full text of Azim Premji's speech Good afternoon. It's a great pleasure...
  • India home to 70 billionaires; Mukesh Ambani richest Indian March 2, 2014

    India is home to the fifth largest group of billionaires in the world and Mukesh Ambani, chairman of Reliance Industries, is the country's richest man with a personal fortune of USD 18 billion, says a report. According China-based research firm Hurun's 2014 global rich list, Mukesh Ambani was ranked 41st in...
  • Azim Premji tops India philanthropist list November 13, 2013

    New Delhi: Wipro chief and IT tycoon Azim Premji tops the list of Indian philanthropists with donations amounting to Rs 8,000 crore in the past year, followed by HCL chairman Shiv Nadar, a report said. Premji, 68, who owns 57 per cent of Wipro, has donated 10 per cent stake in...
  • Mukesh Ambani tops the Forbes India rich list yet again October 29, 2013

    New Delhi: Reliance Industries Limited Chairman Mukesh Ambani has retained the top spot in the Forbes India this year as well with a wealth of $21 billion. The Forbes India rich list shows modest gains for India's richest due to a stumbling economy. Steel magnate Lakshmi Mittal also retains his...
  • Premji sees double-digit growth for Wipro in coming years July 26, 2013

    Bangalore: Wipro is poised for double-digit growth in the coming years as the US market is recovering and consumer spending improving, Chairman Azim Premji said on today. Wipro can achieve growth levels in double-digits of at least 15 per cent in US dollar terms in the coming years as the...
  • Has the government acted too late on FDI? July 16, 2013

    New Delhi: With stocks falling, rupee sliding, rising inflation and factory output at its lowest in 11 years, has the government acted too late to revive the Indian economy? Industry leaders feel it will take some time for these steps to bring about any positive change for the Indian economy....
  • 'Wipro one of the world's most ethical cos' March 7, 2013

    Bangalore: 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...
  • Mukesh Ambani wealthiest Indian on Forbes' rich list March 4, 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. Ambani was ranked 19th on the list last...
  • Azim Premji, the philanthropist tycoon, sets an example February 23, 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...
  • Premji transfers Wipro stock worth Rs 12,300 cr to trust February 23, 2013

    Bangalore: 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,...
  • Azim Premji pledges to donate huge chunk of his wealth February 20, 2013

    Bangalore: 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. On February 25, 2009, Azim Premji had said, "Whatever you...
  • Azim Premji says son will not be CEO of Wipro January 24, 2013

    Davos: 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. Rishad, 35, joined Wipro in 2007 as Business Head for Special Projects in the banking and financial services vertical and rose...
  • Wipro results temper IT sector euphoria January 19, 2013

    Mumbai: 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...
  • Wipro chief Azim Premji takes on garbage mess in Bangalore November 2, 2012

    Questions are now being raised as to whether Bangalore can manage its own success. ...
  • Media, Kejriwal jump from issue to issue: Azim Premji November 2, 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...
  • B'lore: Azim Premji hauls up BBMP over piling garbage November 2, 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...
  • Forbes rich list: The top 10 richest in India October 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...
  • Mukesh Ambani richest Indian with wealth of $21 bn October 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...
  • Mukesh Ambani tops Hurun India rich list October 11, 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...
  • J&K: Rahul, top corporate chiefs to address students October 5, 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...
  • PM should be given a fair chance on reforms: Premji July 25, 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...
  • Govt should act ruthlessly on Maruti unrest: Premji July 24, 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...
  • Premji's salary cut, Wipro CEO gets 500 pc hike July 2, 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...
  • We are working without a leader in India: Premji June 13, 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...
  • Wipro founder to sell shares for non-profit arm March 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...
  • Mukesh Ambani richest among 48 Indian billionaires March 8, 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...
  • Over 4 pc of world's billionaires Indians: Forbes March 8, 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...
  • Wipro to create about 15,000 jobs in West Bengal December 7, 2011

    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...
  • Premji, Hazare among Top 100 Global Thinkers November 29, 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...