AZIM PREMJI
RICHEST PEOPLE OF INDIA – AZIM PREMJI
Azim Hashim Premji(born 24 July 1945) is an Indian business tycoon and the chairman of Wipro Limited, a group company that holds Wipro Technologies, one of India’s largest software development companies. Wipro Technologies, one of its group companies, is one of India’s largest software companies and is ranked among the top 100 technology companies globally. In April 2004, he was rated among the 100 most influential people in the world by Time magazine.
His $6 billion (revenues) outsourcing giant Wipro, country’s third-largest software exporter, posted a one-fifth rise in net profit in latest quarter, amid improving outlook for India’s export-driven tech sector. Expanded footprint in Europe with acquisition of Citibank’s data center. May have to offload part of his 79% stake in Wipro if government makes 25% public holding in listed companies mandatory.
The Azim Premji Foundation says it “Aims at making a tangible impact on identified social issues by working in active partnership with the Government and other related sectors of society”. The Foundation was set up with financial resources contributed by Azim Premji.