A strange mystery came to light when the list of Tata Sons shareholders was revealed a few years ago. A mystery man named Virendra Singh Chauhan owned one solitary share in thetata group's parent company Tata Sons.
Azim Premji, one of the wealthiest business tycoons in India, known for his philanthropic causes, turns 78 on July 24. What better time to celebrate and
Updated Apr 11, 2021 | 13:40 IST
Had Azim Premji s father not refused the offer to join Pakistan s first cabinet after partition, one of India s, world s most philanthropic businessmen would actually have been a Pakistani Throwback: When this Indian billionaire s father declined the offer to become Pak s first Finance Minister
New Delhi: India is home to some of the most successful businessmen in the world. RIL Chairman Mukesh Ambani, Industrialist Ratan Tata, Mahindra Group chairman Anand Mahindra, HCL founder Shiv Nadar, Indian IT Czar Azim Premji, Adani Group chairman Gautam Adani are some of the most successfull business tycoons who have contributed to India s progress in sectors ranging from oil to telecom to auto and IT.
January 19, 2021
Azim Premji, promoter firms sell over 22 cr shares, shed 1% ownership in Wipro
Wipro promoter Azim Premji and promoter companies tendered 22,89,04,785 shares worth ₹9,156 crore during share buyback process held between December 29, 2020 and January 11, 2021, said Wipro Ltd in a regulatory filing on Tuesday.
Azim Premji Trust tendered 19.87 crore shares, Hasham Traders tendered 1 crore shares and Azim Premji Philanthropic Initiatives tendered 51.82 lakh shares. Azim Hasham Premji, Partner, representing Zash Traders and Azim Hasham Premji, Partner, representing Prazim Traders tendered 75 lakh shares each, as per the filing.
Post the buyback, the promoters now hold 73.04 per cent stake in the company, almost 1 per cent down from the earlier 74 per cent, while the remaining 26.96 per cent stake is being held by foreign investors, financial institutions and others.