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Premji gifts Wipro shares worth Rs 500 crore to sons financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The slump in remuneration of CEOs across major Indian IT companies is due to multiple reasons. For example, in the case of Wipro Chairman Rishad Premji’s remuneration, the cuts were due to Wipro underperforming in FY23. ....
Wipro's AI focus: Next decade will be age of AI, says Chairman Rishad Premji financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Wipro working on Generative AI for 2 years financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Rishad Premji, chairman of IT services major Wipro, saw his compensation for FY23 decline by almost 50 per cent year-on-year, due to a fall in the firm s profit.
According to the Form 20-F, filed with the US Securities and Exchange Commission by Wipro, Premji s compensation for FY23 was $951,353, down 50 per cent from $1,819,022 in FY22.
Rishad A Premji is entitled to a commission at the rate of 0.35 per cent on incremental consolidated net profits of Wipro Limited over the previous fiscal year. However, in light of the fact that the incremental consolidated net profits for fiscal year 2023 was negative, the Company determined that no commission was payable for fiscal year 2023 to Mr Rishad A. Premji, said the company in the filing. ....