Premji owns 78 percent of Bangalore-based Wipro, India's third-largest software exporter. His technology company employs more than 100,000 people and has annual revenue of more than $7.7 billion. He also owns a private equity fund, PremjiInvest—which manages his $1 billion personal portfolio—and stakes in JM Financial and Himatsingka Seide.
Azim Premji News
-
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
-
Wipro Ltd., India’s third-largest software-services exporter, reported profit that beat analysts’ estimates as businesses sought savings through outsourcing.
-
Shares of Wipro Ltd., India’s third- largest software exporter, are poised for their biggest daily gain in almost two months after the company agreed to separate its consumer care and lighting businesses.
-
Indian stocks climbed for the second day, led by consumer discretionary shares, as Titan Industries Ltd.’s earnings beat estimates and Maruti Suzuki India Ltd.’s sales surged last month.
-
Wipro Ltd. is seeking to make more than $1 billion in acquisitions over the next 18 months, adding intellectual property and software to help boost profit, Chairman Azim Premji said.
-
Azim Premji, chairman of Wipro Ltd., India’s third-largest software-services provider, has invested $15 million in billionaire Vinod Khosla’s clean-tech fund for his first overseas investment, the Economic Times reported, citing people it didn’t identify.
-
Indian billionaires Mukesh Ambani, Azim Premji and Adi Godrej made their fortunes in refining, software and toilet soaps. These days the moguls see big money in bullets, bombs and ballistics.
-
Indian companies may delay share sales valued at about 400 billion rupees ($7.6 billion) after a government official said the regulator plans to extend a deadline for owners to trim their holdings amid a market slump.
-
Azim Premji , chairman of Wipro Ltd. , plans to transfer shares valued at 90.7 billion rupees ($2 billion) to a trust and use the dividends to fund philanthropic work in India.
-
Following is a table ranking India’s 40 richest individuals from Forbes Asia . Their aggregate wealth increased to $243 billion, from last year’s $229 billion.
|
|
Most Popular on Bloomberg
|
|