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Azim Premji, who donated <span class='webrupee'>₹</span>7,904 crore in donations last year ( <span class='webrupee'>₹</span>22 crore a day), also highlighted that the Covid-19 crisis was a "wake up call"(REUTERS)

CSR should not be legally mandated, philanthropy comes from within: Azim Premji

PTI | , New Delhi
PUBLISHED ON FEB 20, 2021 05:01 PM IST
"I do not think we should have a legal mandate for companies to do CSR. Philanthropy or charity or contribution to society must come from within, and it cannot be mandated from outside. But that's my personal view."
The black and white picture shows Dr Premji, who was the company's chairman from 1966-1983, with her son Azim and his wife, Yasmeen in Amalner.(Twitter/@RishadPremji)
The black and white picture shows Dr Premji, who was the company's chairman from 1966-1983, with her son Azim and his wife, Yasmeen in Amalner.(Twitter/@RishadPremji)

Rishad Premji shares vintage pic of grandmother, says her values shaped Wipro

By Sanya Budhiraja
PUBLISHED ON JAN 14, 2021 08:40 PM IST
The chairman of Wipro shared this black and white image on his official Twitter account.
While the US is Wipro’s biggest market now, new chief Thierry Delaporte sees opportunity in Europe and Asia.(HT Photo)
While the US is Wipro’s biggest market now, new chief Thierry Delaporte sees opportunity in Europe and Asia.(HT Photo)

New CEO drives Wipro stock up 70% without stepping into office

By Bloomberg | Posted by Deepali Sharma
PUBLISHED ON DEC 07, 2020 11:13 AM IST
The company’s stock has rallied about 70% since his appointment, most among India’s four largest outsourcing firms during that period.
Azim Premji Endowment Fund owns 13.6 per cent of the promoter’s shareholding in Wipro(REUTERS)
Azim Premji Endowment Fund owns 13.6 per cent of the promoter’s shareholding in Wipro(REUTERS)

Wipro’s Azim Premji emerges as most generous Indian in FY20

Mumbai | By Press Trust of India
PUBLISHED ON NOV 11, 2020 05:01 PM IST
Richest Indian Mukesh Ambani of Reliance Industries retained the third spot among the list of givers by donating Rs 458 crore as against Rs 402 crore a year ago, a report said.
We signed up with Living my Promise, which is more a sharing of a genuine intent to give than an actual act of giving immediately to charity or other social causes(Getty Images/iStockphoto)
We signed up with Living my Promise, which is more a sharing of a genuine intent to give than an actual act of giving immediately to charity or other social causes(Getty Images/iStockphoto)

No act of giving is too small

By V Raghunathan
UPDATED ON NOV 15, 2019 08:16 PM IST
While we often associate giving with Bill Gates, Warren Buffet, Azim Premji or Shiv Nadar, and such others, there is no reason why giving should not become a a part of the value systems of ordinary professionals, who have created some wealth, howsoever modest, beyond their lifetime requirements
Wipro had announced last month that its board has approved the appointment of Rishad Premji, the elder of the two sons of Azim Premji, as executive chairman of the company with effect from July 31. (Photo: Hemant Mishra/Mint)
Wipro had announced last month that its board has approved the appointment of Rishad Premji, the elder of the two sons of Azim Premji, as executive chairman of the company with effect from July 31. (Photo: Hemant Mishra/Mint)

Gen next at the helm in Wipro, Rishad takes over from dad Azim Premji

New Delhi | By HT Correspondent
UPDATED ON JUL 31, 2019 12:46 PM IST
Wipro had announced last month that its board has approved the appointment of Rishad Premji, the elder of the two sons of Azim Premji, as executive chairman of the company with effect from July 31. Besides being the CEO, Abidali Z Neemuchwala will also become Wipro’s managing director from tomorrow.
Billionaire Azim Premji has helped create India’s latest tech unicorn: a fast-rising software startup
Billionaire Azim Premji has helped create India’s latest tech unicorn: a fast-rising software startup

Billionaire Azim Premji helps create India’s newest tech unicorn

Bloomberg | By Saritha Rai
UPDATED ON JUL 17, 2019 02:38 PM IST
Icertis, which competes with SAP SE and Oracle Corp. to help businesses manage contracts in the cloud, has raised $115 million, propelling it to unicorn status as investors flock to enterprise software makers.
IT czar Azim Premji will retire as executive chairman of Wipro with effect from July 30.(HT File Photo/Aniruddha Chowdhury)
IT czar Azim Premji will retire as executive chairman of Wipro with effect from July 30.(HT File Photo/Aniruddha Chowdhury)

Azim Premji to retire as executive chairman of Wipro; son Rishad to take over

New Delhi | By HT Correspondent
UPDATED ON JUN 06, 2019 05:08 PM IST
The board has also announced that chief executive and executive director Abidali Z Neemuchwala will be re-designated as CEO and managing director.
Azim Premji, chairman of Wipro. His decision to give away more of his wealth has once again brought the focus on Philanthrocapitalism(Aniruddha Chowdhury)
Azim Premji, chairman of Wipro. His decision to give away more of his wealth has once again brought the focus on Philanthrocapitalism(Aniruddha Chowdhury)

India needs more Azim Premjis

Hindustan Times | By HT Correspondent
PUBLISHED ON MAR 18, 2019 07:47 AM IST
Philanthrocapitalism is a good idea in India — there are far too many problems for the State to address, not just in terms of resources, but also attention and expertise.
The shares held by entities controlled by Premji have been irrevocably renounced and earmarked to the Azim Premji Foundation.(REUTERS)
The shares held by entities controlled by Premji have been irrevocably renounced and earmarked to the Azim Premji Foundation.(REUTERS)

Azim Premji makes most generous donation in Indian history, guess how much is it

Bloomberg | By Saritha Rai
UPDATED ON MAR 14, 2019 11:09 AM IST
His foundation works directly in education and supports over 150 other non-profits serving under-privileged and marginalized Indians through multi-year financial grants.
an Azim Premji attends the Saudi-India Forum in New Delhi, India, February 20, 2018. REUTERS/Anushree Fadnavis(Reuters File Photo)
an Azim Premji attends the Saudi-India Forum in New Delhi, India, February 20, 2018. REUTERS/Anushree Fadnavis(Reuters File Photo)

Azim Premji commits Wipro shares worth Rs 52,750 crore for philanthropy

New Delhi | By Press Trust of India
UPDATED ON MAR 13, 2019 07:45 PM IST
“He has done this (contribution) by additionally earmarking all economic benefits for philanthropic purposes, in approximately 34 per cent of the shares in Wipro Limited (current market value Rs 52,750 crore), held by certain entities controlled by him,” according to the statement by the Azim Premji Foundation.
Mukesh Ambani is also the year’s biggest gainer, adding $9.3 billion to his wealth.(Mint File Photo)
Mukesh Ambani is also the year’s biggest gainer, adding $9.3 billion to his wealth.(Mint File Photo)

Mukesh Ambani emerges richest Indian for 11th consecutive year: Forbes

New Delhi | By Press Trust of India
UPDATED ON OCT 05, 2018 09:02 AM IST
“Despite a rout in the rupee that practically wiped out the Indian stock market’s 14 per cent rise from a year ago, business tycoons on the 2018 Forbes India Rich List saw a modest gain in their combined wealth to $492 billion,” a Forbes India statement said.
Industrialist and Reliance Industries Ltd chairman Mukesh Ambani’s wealth is estimated at Rs 3,71,000 crore.(File Photo)
Industrialist and Reliance Industries Ltd chairman Mukesh Ambani’s wealth is estimated at Rs 3,71,000 crore.(File Photo)

Mukesh Ambani tops Barclays Rich List for Indians seventh time in a row

Mumbai | By Indo Asian News Service
PUBLISHED ON SEP 25, 2018 08:26 PM IST
Figuring next on the chart are SP Hinduja and family of Hinduja Group, with an estimated wealth of Rs 1,59,000 crore, and Arcelor Mittal’s LN Mittal and family at Rs 1,14,500 crore.
Tariq Premji is Azim Premji’s youngest son.(Photo: Facebook.com/tariq.premji)
Tariq Premji is Azim Premji’s youngest son.(Photo: Facebook.com/tariq.premji)

Azim Premji’s youngest son Tariq Premji joins Wipro Enterprises board

Press Trust of India | By Press Trust of India
UPDATED ON JUN 08, 2018 05:09 PM IST
Tariq will join in his father and brother Rishad Premji on the board of the unlisted Wipro Enterprises as a non-executive director.
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