HomeNewsBusinessCoronavirus pandemic | Wipro, Azim Premji Foundation commit Rs 1,125cr
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Coronavirus pandemic | Wipro, Azim Premji Foundation commit Rs 1,125cr

Out of this, Rs 1,000 crore will come from Azim Premji Foundation and the rest from Wipro and Wipro Enterprises.

April 01, 2020 / 15:27 IST
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Business tycoon Azim Premji
Business tycoon Azim Premji

Software major Wipro, Wipro Enterprises and Azim Premji Foundation have together committed Rs 1,125 crore towards the coronavirus outbreak.

"These resources will help enable the dedicated medical and service fraternity in the frontline of the battle against the pandemic and in mitigating its wide-ranging human impact, particularly on the most disadvantaged of our society," as per a company statement.

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Of the Rs 1,125 crore, Wipro's commitment is Rs 100 crore, Wipro Enterprises Ltd's is Rs 25 crore, and that of the Azim Premji Foundation is Rs 1,000 crore, it added.

The amount is in addition to the annual corporate social responsibility (CSR) activities, and above the usual expenditure of Azim Premji Foundation, the statement said.

COVID-19 Vaccine
Frequently Asked Questions

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How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

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