Taxing the rich: populist or productive?
Mar 1, 2013
Congress wants Rahul Gandhi as PM, says Kamal Nath
Jan 23, 2013
Wednesday December 4, 2013
After HCL Infosystems, another IT major Wipro has decided to shut down its manufacturing of computers and servers due to changing market scenario and consumer preferences.
Monday December 2, 2013
Wipro Ltd, India's No. 3 IT services provider, has agreed to purchase US-based mortgage services provider Opus Capital Markets Consultants LLC for $75 million to boost its offerings for financial services clients.
Sunday December 1, 2013
As JM Financial awaits the Reserve Banks view on its bank licence plea, the market is abuzz with talks of billionaire Azim Premji buying an additional 5 per cent stake in the company, which has also roped in former Citibank chief Vikram Pandit as a k...
India | Press Trust of India | Wednesday November 13, 2013
When it comes to philanthropy, Indians don't share the table with the likes of Bill Gates but still there are a few who do really donate and the latest list is topped by Azim Premji of Wipro.
Thursday November 14, 2013
Close on the heels of releasing its second edition of Hurun India Rich List, China-based magazine Hurun Report launched the inaugural Hurun India Philanthropy List 2013, with IT tycoon Azim Hashim Premji, the chairman of Wipro Ltd, emerging as the mo...
India | Press Trust of India | Tuesday October 29, 2013
With a networth of $21 billion, Mukesh Ambani has retained his title as India's wealthiest for sixth year in a row, while the country's 100 richest persons saw their collective wealth soar by a modest 3 per cent in a year.
Tuesday October 29, 2013
NRI steel tycoon Lakshmi Mittal ($16 billion) also continues to hold the second position, while Sun Pharma's Dilip Shanghvi has jumped to third place with about 50 per cent surge in his wealth to $13.9 billion, pushing IT czar Azim Premji to fourth p...
Thursday October 24, 2013
Energy tycoon and Reliance Industries chairman Mukesh Ambani is India's richest man with personal assets of $18.9 billion, according to a report by Hurun India.
Tuesday October 15, 2013
Eminent Indian IT czar and philanthropist Azim Premji has received the Asian Business Leaders Award in the UK.
Thursday September 26, 2013
Referring to the issue related to Corporate Social Responsibility (CSR), which has been made mandatory by the new laws that govern companies, IT czar Azim Premji said philanthropy cannot be forced and it has to be spontaneous.
Sunday August 25, 2013
IT services major Wipro has asked Prime Minister Manmohan Singh to seek Obama administration's intervention to remove provisions in a proposed US immigration bill that are discriminatory towards Indian IT firms.
Saturday August 3, 2013
Rohini Nilekani has raised Rs 163.5 crore by selling 5.77 lakh shares in Infosys, Indias second biggest outsourcer, for philanthropic work. The shares were sold between July 16 and 19, according to a statement on the Bombay Stock Exchange.
Friday July 26, 2013
IT major Wipro has said it expects that the final version of the proposed US Immigration Reform law will not have "harmful" provisions that have been passed by the Senate.
Friday July 26, 2013
Wipro, India's third-largest software services exporter, sounded upbeat about demand for its outsourcing services, after posting an 11 per cent rise in quarterly net profit helped by an increase in large contracts.
Wednesday June 5, 2013
Wipro has bagged a five-year deal from Dubai-based Majid Al Futtaim Ventures LLC, the IT major said in a statement on Tuesday.
Monday June 3, 2013
In a BSE filing, Wipro said, "the approval received from SEBI vide its letter dated May 8, 2013, Azim Premji Trust, a member of the Promoter Group, on May 3, 2013 has transferred 61,000,000 equity shares of the company to Pioneer Independent Trust."
Thursday May 30, 2013
The annual list of 'Heroes of Philanthropy', compiled by Forbes Asia magazine, features a total of 48 persons from the Asia-Pacific region, including countries like China, Singapore, Hong Kong and Indonesia.
Monday April 22, 2013
Wipro, whose customers include Citigroup and Apple, projected first-quarter revenue for its IT services business to be in a range of $1.58 billion to $1.61 billion, a decline of 0.6 per cent to a rise of 1.6 per cent over the previous quarter.
Monday April 22, 2013
The country's four top IT firms -- TCS, Infosys, Wipro and HCL Technologies -- have seen their combined cash chest swell to a whopping $8 billion (Rs 43,200 crore), even as the overall business trends remain sluggish for the entire sector.
Friday April 19, 2013
Wipro today expressed concern over the likely procedural impact of the proposed immigration reform bill in the United States, which accounts for more than 50 per cent of its IT services revenues.