Azim Premji: News

Billionaire Azim Premji gifts shares worth Rs. 500cr to sons

Azim Premji, the founder chairman of Wipro, has gifted shares worth Rs. 500 crore to his sons Rishad and Tariq, as reported in an exchange filing.

Sleep Company raises Rs. 184cr; doubles valuation in one year

The Sleep Company, a Mumbai-based start-up, has secured Rs. 184 crore in a Series C funding round led by Azim Premji-backed Premji Invest and Fireside Ventures.

India's most generous: Shiv Nadar at first, Azim Premji second

Who among India's richest were the most generous last year? The EdelGive Hurun India Philanthropy List 2022 answers this question.

Wipro fires 300 employees for moonlighting for rivals, violating integrity

Information Technology giant Wipro has fired 300 employees for moonlighting, Chairman Rishad Premji said on Wednesday.

Shortlist of third Gaja Capital Business Book Prize unveiled

Azim Premji: The Man Beyond the Billions by Sundeep Khanna and Getting Competitive: A Practitioner's Guide for India by RC Bhargava are among the five non-fiction books on contemporary Indian business that have made it to the shortlist of the third Gaja Capital Business Book Prize.

World's richest lose $117bn in one day; Ambani $2.45bn poorer

The richest 500 people in the world lost $117 billion (Rs. 8,28,418 crore) in a single day market crash on Monday.

Wipro Founder Azim Premji will retire next month, confirms company

Wipro founder and business tycoon Azim Premji will retire from the company on July 30, 2019.

Business Roundup: Here are today's top 5 Business news

Snapdeal-Flipkart merger comes to a halt as Azim Premji objects

According to reports, Snapdeal's merger with rival Flipkart has hit one more roadblock, which can potentially drive down the embattled firm's agreed upon valuation of $1 billion for the sale, if not jeopardize the deal completely.

India's richest 1% control over half of nation's wealth

A Credit Suisse study showed that India's richest 1% currently exercise ownership over 53% of the country's overall wealth.

Wipro's massive drive to drive automation

Indian software company Wipro is looking to bolster automation across the company's varied segments, enabling greater productivity.