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Azim Premji
Azim Hashim Premji (born 24 July 1945) is an Indian business tycoon, investor, and philanthropist, widely recognized as the chairman of Wipro Limited, one of India’s largest IT services companies. He
...Read more- Azim Premji turns down Karnataka CM’s road access proposal via Wipro campus
Premji, instead, offered to fund a comprehensive study to ease traffic congestion on Outer Ring Road
- Karnataka CM writes to Azim Premji seeking Wipro campus access to ease ORR traffic
In his letter dated September 19, Siddaramaiah suggested allowing limited vehicular access through the Wipro campus to ease ORR traffic, citing expert estimates of up to a 30% reduction in congestion during peak hours.
- Akasa Air brings growth capital from Azim Premji, Ranjan Pai, 360 ONE Asset; Jhunjhunwala family deploys fresh funds
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.
- Premji Invest may pump in $50 million in Paris-based AI coding startup Poolside
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
- Azim Premji urges businesses to integrate ESG, calls for impactful CSR at CII Annual Business Summit
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.
- New generation entrepreneurs conscious about philanthropy, says Wipro’s Azim Premji
Premji also said that India Inc today is far more ethical than the one operating 20 years back.
- Premji Invest looking to acquire majority stake in BoB's Nainital Bank
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
- Tech tycoon’s family office bets on AI to prop $10 billion fund
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.
- Azim Premji and son Rishad re-appointed on the board of Wipro for five years
Azim Premji has been re-appointed as the Non-Executive, Non-Independent Director, while Rishad will be the Executive Chairman till July 2029.
- Premji Invest eyes $50-$70 million investment in Canva
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.
- Premji Invest divests 1% stake in PB Fintech for Rs 457 crore
Premji Invest through its affiliate PI Opportunities Fund II offloaded the shares of PB Fintech on the BSE.
- Wipro founder Azim Premji gifts shares worth Rs 500 crore to sons Rishad, Tariq
The total number of shares gifted accounts for 0.2 percent of the share capital of the IT services firm
- NR Narayana Murthy: 'Azim Premji told me that one of the biggest mistakes he made was not to hire me'
NR Narayana Murthy recently revealed that Wipro's Azim Premji told him that not hiring him was one of the biggest mistakes he made.
- GIFT City gives first nod to Premji’s family office to invest abroad
The approval raises hope for the nation’s wealthy as they wait for clarifications from regulators to make similar moves.
- India's richest woman outgrows software tycoon Azim Premji in net worth
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.
- Bengaluru is home to the third largest number of philanthropists on Hurun’s 2023 list
About 13 philanthropists featured in the Hurun list are based in Bengaluru.
- Hurun Philanthropy List: HCLTech's Shiv Nadar is India's most generous, four Infosys co-founders emerge as biggest philanthropists
Wipro’s Azim Premji donated an additional Rs 1,290 crore in FY23, his total donations stood at Rs 1,774 crore
- Azim Premji's investment arm favourites to secure $150-million stake in TVS Credit: report
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
- PE firms increasing focus on revenue and profitability in funding evaluations: KreditBee’s Madhusudan Ekambaram
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.
- Wipro's DNA doesn’t allow for moonlighting
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.