The cumulative market value of the companies belonging to the groups led by the five wealthiest of the country Ambani siblings Mukesh and Anil, real estate magnate Kushal Pal Singh, software czar Azim Premji and telecom tycoon Sunil Mittal -- today fell to about Rs 8.5 trillion.
Minister of State for Information Tariq Azim told private Geo television channel that the condition was ripe for emergency and the government is seriously considering the measure, which however has not been imposed so far.
Eastern Promises, David Cronenberg's latest film, depending on which way you look at it, is either a horrifyingly cool exposition of the uncaring value system in a modern day mafia family or a devastating thriller with internalised ramifications for all us 'ordinary' people.
The modern heroes find themselves in the illustrious company of Bill Gates, Steve Jobs, Henry Ford, Benjamin Franklin, John D Rockefeller, Thomas Edison and Michael Dell.
HealthCare Global, an oncology care hospital chain, has received a funding of $20 million from PremjiInvest, a private equity fund sponsored by Azim Premji. With this funding, PremjiInvest has bought a "significant minority stake" in HCG. This is the third round of funding the hospital has received after it initially received Rs 50 crore from IDFC Private Equity and the second funding of Rs 10 crore from Evolvence.
The India information technology industry, including exports and domestic market and semiconductor industry, is gaining traction despite challenges, said Azim H Premji, chairman, Wipro, at the third Freescale Technology Forum in Bangalore on Monday.
Fast bowler Shoaib Akhtar on Friday filed an appeal against the five-year ban slapped on him by the Pakistan Cricket Board.
Forbes said Prime Minister Narendra Modi's "economic experiments" barely affected India's billionaires while none gained more than oil-and-gas tycoon Mukesh Ambani, who cemented his decade-long hold on the top slot by adding a staggering USD 15.3 billion (67 per cent) to his last year's wealth to become one of Asia's top five richest.
Wipro chief Azim Premji and veteran actor A K Hangal are among the 10 senior citizens who will receive the Harmony Silver Award this year for their contribution to society.
PGDIE, NITIE, Mumbai, invites students and working professionals for Lakshya, a corporate and B-school students' event.
Out of the world's 10 wealthiest CEOs, four positions have been grabbed by Indians -- Lakshmi Mittal is ranked at the second place followed by Mukesh Ambani (6th place), Anil Ambani (7th) and Wipro chief Azim Premji (9th). The list has been topped by Warren Buffet, the chief executive of Berkshire Hathaway with a fortune of $52 billion.
The stock market rout has caused the country's five richest, led by Reliance Industries Chairman Mukesh Ambani, to lose more than $10 billion in just about a fortnight.
Industry asked the government to be 'brave and bold' and said that it will rise to the occasion.
Police found that Zakir was a fake militant who along with his accomplished adopted names of some militants currently in PoK.
A very low rate of savings among mericans is a key reason for the weakening of US dollar, which in turn is hitting the bottomlines of Indian IT firms, feels Azim Premji, the billionaire chief of country's third-largest software exporter Wipro.
Wipro Ltd, the country's third biggest software services firm, on Thursday said it was looking for acquisitions in Germany and Canada to take advantage of the growing markets there.
Pratibha kicked off her campaign in Bihar soon after her arrival in Patna on Tuesday. "She received a warm response from the legislators and MPs," Congress leader Azim Bari told rediff.com in Patna.
Leading industrialists met with Prime Minister Manmohan Singh (not in picture) in New Delhi on Thursday to discuss the general state of the Indian economy and other industry-related matters.
'The stimulus message was tagged on to what was meant to be an exhortation to self-reliance, glossing over the near impossibility of merging the immediate requirement of relief for a huge population and a questionable strategy for the future trajectory of a large economy aspiring to superstardom,' points out Shreekant Sambrani.
On Friday (April 18), Premji in a clear signal of giving more powers to the management, elevated Girish Paranjape and Suresh Vaswani as joint CEOs of Wipro Technologies, which reported a topline of $4.3 billion. Read excerpts of an interview with Girish Paranjape and Suresh Vaswani, joint CEOs of Wipro.
It had reorganised its India business by carving out public sector undertaking and government businesses. Besides the company had also split its India and West Asia businesses.
IT stocks have dropped about 3 per cent in the days since the Donald Trump administration took first steps toward visa reform and all of India's highest-profile technology tycoons have seen their net worth eroded. Saritha Rai reports.
While the Investor of the Year award went to Tata Sons, the Business Partnership of the Year went to DLF Laing O Rourke, the Innovation of the year was HRS Process Systems and Benoy was the New Market Entrant of the Year.
Wipro is planning to integrate all its quality achievements under the 'Wipro Way' -- a system that was envisaged by founder chairman Azim Premji about nine months back. This will help the company take all its quality initiatives to the next level.
Jeff Bezos of Amazon tops the list for the second consecutive year with networth of $147 billion.
Nasdaq-listed Wipro Ltd on Wednesday said its chairman Azim Premji has been named among the 'greatest entrepreneurs' of all time by BusinessWeek.
These institutes, while expensive, are a viable alternative to studying abroad.
It is said Rishad had been on the lookout for an opportunity and was quite keen on joining Wipro. Like everyone else, he too had to send in his resume and as luck would have it, he managed to find a placement.
Wipro Chairman and CEO Azim H Premji received the highest annual remuneration in the company for the fiscal 2006-07. Premji who also holds 79.58 per cent stake in the company, got an annual remuneration of $721,522.
Premji is ranked 13th on Forbes' first ever list of '100 Richest People In Tech', followed by Nadar on the 14th spot.
Software major Infosys on Thursday committed Rs 1,250 crore (Rs 12.5 billion) to expand operations in Chennai.
The net worth of the five richest - Mukesh and Anil Ambani, KP Singh, Sunil Mittal and Azim Premji - on Monday plunged by Rs 11,015 crore (Rs 110.15 billion), taking their total loss to about Rs 67,200 crore (close to $17 billion) since October 17, when the meltdown began on the bourses.
M E Meeran, a former wholesale dealer in provisions, is conquering the world with his Eastern brand of spices and curry powders.
He entered India through Bangladesh from where he went to Kolkata and Mumbai before reaching Lucknow to get his passport and other documents.
Wipro chairman Azim Premji said that, going forward, a series of liberalisations of the economy will be announced by the Indian government, but the pace may not as fast as would be expected by many in the United States.