Azim Premji News

Companies

Azim Premji’s family office bets on Artificial Intelligence ventures for $10 billion Premji Invest fund, says report

Tech tycoon Azim Premji’s family office is betting on Artificial Intelligence to prop up its $10 billion worth Premji Invest fund, and will thus increase investments in the sector, Bloomberg reported.

2 min read29 Apr 2024
Companies

Azim Premji gifts Wipro shares worth ₹500 crore to sons Rishad, Tariq

Wipro shares: Azim Premji, 78, owned 22,58,08,537 shares, or 4.32%, in Wipro until last week. On 20 January, Premji gave 51,15,090 shares, each, to elder son Rishad, who is the chairman of Wipro, and to Tariq, who works at Azim Premji Foundation.

1 min read25 Jan 2024
Companies

The end of an era as Azim Premji hands Wipro reins to son Rishad

Azim Premji’s greatest legacy is laying the benchmark for philanthropy and showing the way for corporate India to give backWipro announced that chief executive Abidali Neemuchwala will also be the managing director

3 min read7 Jun 2019
Companies

Compassionate capitalism marks Azim Premji’s 53-year stint at Wipro

The 73-year-old IT czar has donated two-thirds of his wealth, worth $21 billion, to charitable causesPremji is credited with scaling up Wipro from a $2 mn revenue firm to an $11 bn conglomerate

3 min read7 Jun 2019
Companies

Opinion | Azim Premji’s retirement an end of era for Indian IT industry

He’ll be more remembered for his philanthropic contributions and sharing of wealthMany will remember him for creating a great IT company from scratch to a $25-billion behemoth

1 min read6 Jun 2019
Companies

Full text of Azim Premji’s letter to Wipro employees as he steps down

He will stay on as non-executive directorAnnounces that his son, Rishad Premji, will become executive chairman for a period of five years

3 min read6 Jun 2019
Companies

Wipro founder Azim Premji to retire next month

Azim Premji’s son Rishad Premji will take over as the executive chairman of WiproWipro CEO Abidali Z. Neemuchwala will also hold the post of Managing Director

1 min read6 Jun 2019

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