Indian software giant, Wipro said on Thursday that it was developing a low-cost computer that would run on low power and would have inbuilt source of two hours of standby power supply.
Union IT and Communications Minister Arun Shourie on Monday met IT industry leaders including Wipro Chairman Azim Premji in Bangalore and discussed the steps that need to be taken to propel the industry ahead.
Vivek Paul, the former high profile vice-chairman of IT major Wipro has admitted to differences with chairman Azim Premji, but said that was not the reason why he quit the company.
Software major Wipro Ltd has decided to take up its second project, a technology centre, in West Bengal with a total investment of Rs 75 crore earmarked for the state.
Wipro Ltd, India's third-largest software exporter, said on Friday its back office services firm, Spectramind, was on track to meet its revenue target of $12.5 million for the quarter ending December.
Wipro announced a 100 per cent interim dividend (Rs 5 per equity share of face value Rs 5) for the year ending March 31, 2007.
Wipro Ltd on Wednesday clarified that company Chairman Azim Premji had stated in Mumbai that the IT major would consider accessing the capital markets only if the need for funding large acquisitions arose.\n\n\n\n
Here's a look at how the new corporate governance norms will affect India Inc boardrooms.
Wipro chairman Azim Premji has projected IT software and IT-enabled services exports to touch $19-20 billion this fiscal.
Asserting that information technology cannot be a 'silver bullet' for solving problems, Wipro Chairman Azim Premji on Friday said it should be ensured that customer issues are clearly understood before the solution is proposed.
Despite Covid downturn, CEO salaries went up by an average of 19% in FY21.
Mukehs Ambani, KLakshmi Mittal, Azim Premji features in top ten rich Indians list.
Unfazed by the US outcry on outsourcing and the implications of the recent cut in number of US visas, Wipro Chairman Azim Premji aims to turn his company into one of the top 10 IT service companies in the world.
Wipro's scrip jumped 2.97 per cent to Rs 468.50 on the NSE.
Voicing concern over potential job losses in the United Kingdon, Azim Premji chief of IT major Wipro said a number of large British corporations, including HSBC, Royal and SunAlliance
Rishad joined the company in June 2007.
IT major Wipro Limited on Friday announced a 56 per cent rise in profit at Rs 427 for the third quarter ended December 31, 2004.
Reliance Industries chairman Mukesh Ambani continues to top India's richest list, according to the Hurun India Rich List 2014.
Business leaders met Manmohan Singh to discuss the problems facing the country.
The survey showed that women workers fared worse than men when it came to employment recovery (53 per cent versus 57 per cent) and urban areas have been much worse hit despite a quicker bounce back.
Wipro, has set up a venture capital (VC) fund that will look at investing in early-to-middle stage technology start-ups globally.
Traders' body CAIT on Wednesday wrote to Reliance Industries chief Mukesh Ambani and 50 other captains of India Inc, including Ratan Tata, Azim Premji, Gautam Adani, Ajay Piramal, Anand Mahindra and Sunil Bharti Mittal seeking their support in its campaign to boycott Chinese goods. The Confederation of All India Traders (CAIT) also urged Kumar Mangalam Birla, Vikram Kirloskar, Rahul Bajaj, Shiv Nadar, Pallonji Mistry, Uday Kotak, Nusli Wadia, Shashi Ruia, Madhukar Parekh, Harsh Mariwala, Satish Reddy and Pankaj Patel, among other prominent industrialists, to join its 'Bhartiya Samaan-Humaara Abhimaan' campaign.
R C Bhargava, Kiran Mazumdar-Shaw & Dinesh K Sarraf are other members of the business delegation
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
The initiative deepens N/Core's multi-year partnership with tech giant Cisco, which has participated in the fund along with Ford Foundation and IRB Infrastructure.
Flipkart's co-founders Sachin and Binni Bansal made their debut at 86th position with a net worth of $1.3 billion each.
'To get success in business one should know how to create and attract talent and how to retain it.'
Is it just the glamour?
Almost 63 per cent of the increased allocation of around Rs 1.01 trillion has been spent in the first five months of 2020-21.
India's billionaires are pledging a decent amount of their wealth for the welfare of society.