Rishad Premji News
Murthy’s remarks have reignited conversations about the expectations of employees versus organisational demands in the tech world.
On January 23, Azim Premji transferred over 51 lakh shares each to his sons, Rishad Premji, who is the chairman of Wipro, and Tariq Premji, serving as Wipro Enterprises non-executive director.
The journey of Wipro traces back to a time before India's independence when it embarked on its initial path as a traditional vegetable oil manufacturer.
What captivated the online audience was the uncanny resemblance between Rishad Premji and his esteemed grandfather. Observant netizens were quick to point out the striking similarities in their facial features and physique.
According to Rishad Premji, Wipro has taken a call to shift to trust rather than control when it comes to accountability and productivity on working from home.
The deal size was not disclosed by the company. The Wipro group arm has signed a definitive agreement with Nirapara, a company statement said.
Several users on Twitter liked the post shared by Rishad and said that they could resonate with his views.
Capco, a Wipro company, will supplement its presence in the country's financial services sector through its business in Mumbai to jointly offer end-to-end transformation services for this sector.
Addressing the Nasscom Product Conclave here, Premji, who had earlier created a storm over termination of hundreds of staffers against the backdrop of moonlighting, said that the "decision took just 10 minutes".
Wipro chairman reveals they decided to fire 20 top staff members in 10 minutes.
Tough calls have to be made at tough times, he said.
Rishad Premji also called upon the startups to make tough decisions.
Wipro fires 300 employees over moonlighting charges, informed Wipro chairman.
Premji said company had found 300 employees working with rival competitors.
Moonlighting means having a project or job secretly along with full time job.
Moonlighting is plain and simple cheating in tech industry, Rishad Premji
Swiggy has recently unveiled its moonlight policy on 3 August.
Swiggy moonlight policy allows workers to take a side job or work after working hours.
Wipro's annual report mention about the business continuity plans which helped the employees to work remotely.
"After 18 long months, our leaders are coming back to the office starting tomorrow (Monday) twice a week." Premji tweeted
Premji also put out a short video of 59 seconds showing how well the campus is ready to welcome its employees.
Wipro has named Chief Executive Officer Abidali Z Neemuchwala as its new MD.
His son, Rishad Premji, who is set to take over the reins of the Bengaluru-based software services company soon, took home a compensation of USD 987,652 (about Rs 6.8 crore) in 2018-19, Wipro said in a regulatory filing on Tuesday.
Wipro added that Rishad Premji, Chief Strategy Officer and Member of the Board, will take over as the Executive Chairman of the company.
Tariq will join in his father and brother Rishad Premji on the board of the unlisted Wipro Enterprises as a non-executive director.
IT major Wipro Ltd Tuesday elevated its Chairman Azim Premji's son Rishad to the company Board in an apparent succession planning on a day it posted 2.1 percent increase in March quarter profits.
Rishad for long has been talked about as the natural choice for taking over the company's operations and the move will bring him closer to the top spot at the country's third largest IT services firm.
Rishad has for long been speculated to be a natural choice for taking over the company's operations.
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