Wipro said on Thursday that Azim Premji's son Rishad, chief strategy officer and member of the board, will take over as the executive chairman. Azim Premji, however, will continue to serve on the board as non-executive director and founder chairman.
The CII delegation includes many eminent names.
Tier-II and tier-III towns have a reason to rejoice.
Abidali Neemuchwala, who had joined Wipro in 2015 as group president and chief operating officer, was also given 200,000 in stock options in the financial year ended March 2016.
Digital, cloud, engineering services, and cybersecurity will drive Wipro's growth. 'Based on approval from the board, we have decided to step up our investments significantly in these four big bets,' Premji said in his last address as executive chairman.
Nearly 45 per cent of this value is likely to be delivered by 3 sectors - consumer goods and retail, agriculture and banking and insurance, the Nasscom report said.
Home minister heads several groups of ministers, including the one to decide the revival package for Bharat Sanchar Nigam and Mahanagar Telephone Nigam. His ministry also takes decisive calls on national security in relation to telecom operations as well as equipment and technology used in the industry.
Isha and Akash, 23, were appointed to the boards of Reliance Jio Infocomm Ltd and Reliance Retail Ventures Ltd, the company said.
This will be Infosys' first investment from its innovation fund dedicated to start-ups and emerging technologies.
Company identifies areas like cognitive technologies, artificial intelligence, man-machine interface, robotics
The 30-share Sensex ended up 214 points at 27,890 and the 50-share Nifty closed up 52 points at 8,430.
The company is unlikely to continue with the CEO-COO model
In peace and at war, firms remain tethered to promoter families in a uniquely Indian way.
Infosys, Wipro may follow suit as investors eye a piece of the large cash kitty as growth slows.
If I focus on today, I will have to give up the future, says T K Kurien.
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