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The consortium of investors includes the investment arm of Azim Premji, Claypond Capital – the investment office of Dr Ranjan Pai, as well as funds managed by 360 ONE Asset.
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Premji Invest is stepping up bets in global tech startups, as it looks to capitalise on the generative AI boom. It recently invested in Hippocratic AI and Canva
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Premji urged companies to re-evaluate their Corporate Social Responsibility (CSR) spending, ensuring funds address critical social needs rather than simply functioning as charitable donations.
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Premji also said that India Inc today is far more ethical than the one operating 20 years back.
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Session on Building Trust with Azim Premji, Founder Chairman, Wipro Limited
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Premji Invest owns non-banking finance company TVS Credit and if the Nanital Bank deal goes through, it will be the first banking play for the family office of the Wipro founder
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Investment firms worldwide, including BlackRock Inc. and SoftBank Group Corp, are relying on AI to analyze data streams in real-time to glean market intelligence and are looking to invest further in the sector.
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Azim Premji has been re-appointed as the Non-Executive, Non-Independent Director, while Rishad will be the Executive Chairman till July 2029.
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Premji Invest is stepping up bets in US tech firms, as it looks to capitalise on the generative AI boom. It recently invested in AI firm Hippocratic AI.
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Premji Invest through its affiliate PI Opportunities Fund II offloaded the shares of PB Fintech on the BSE.
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The total number of shares gifted accounts for 0.2 percent of the share capital of the IT services firm
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NR Narayana Murthy recently revealed that Wipro's Azim Premji told him that not hiring him was one of the biggest mistakes he made.
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The approval raises hope for the nation’s wealthy as they wait for clarifications from regulators to make similar moves.
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Azim Premji, who was the third richest person in the country till about two years ago, has seen a massive erosion in his net worth since January 2022.
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About 13 philanthropists featured in the Hurun list are based in Bengaluru.
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Wipro’s Azim Premji donated an additional Rs 1,290 crore in FY23, his total donations stood at Rs 1,774 crore
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The talks, which also involve private equity firm Carlyle, are for a 20-percent stake in the NBFC unit, which is being valued at $612 million
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In a candid interview with Moneycontrol, KreditBee co-founder and CEO Madhusudan Ekambaram said that he intends to take the company public in three years. He also shared the rationale behind raising funds and provided an overview of the company's revenue and profit numbers.
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Tycoons like Mukesh Ambani, Gautam Adani, Ratan Tata, Anand Mahindra and Azim Premji have cemented their names in the global markets. Here's a look at some of their 'throwback' moments before they created history.
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Very early in his tenure, Azim Premji put down what he called the three Wipro Beliefs. Top of the list was integrity, along with respect for people and customer-centricity.
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Rishad Premji stressed that despite the world undergoing a period of uncertainty, he remains optimistic as he believes "that great upheavals carry within them seeds of great possibilities”.
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Subramanian and the Indian Awake for Transparency, the NGO supported by him, ran into a legal wrangle with Premji over alleged illegality in the transfer of assets from three companies to a private trust and a newly-formed company.
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Wipro chairman Rishad Premji has shared a throwback photo taken at the place where the “Wipro story all began”.
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The Supreme Court had earlier pulled up the NGO for instituting a maze of frivolous litigation against Premji.
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Sharad Sharma, co-founder of policy think tank iSPIRT foundation, follows a system inspired by Wipro founder Azim Premji.
