Rishad Premji urges Wipro employees to take father Azim Premji’s work to newer heights

Agencies
June 8, 2019

Bengaluru, Jun 8: Wipro's Chairman-designate Rishad Premji on Friday urged thousands of Wiproites to take the work of IT czar Azim Premji to newer heights.

"As Premji retires on July 30, leaving behind a rich legacy, the only way to thank and express gratitude to him is to take his global software major to newer heights," said Rishad Premji in an e-mail to the employees a day after the company's board appointed him to the top executive post.

Rishad Premji, 41, is the eldest son of 73-year-old billionaire Azim Premji, who built a tiny business in to a successful firm in a span of 53 years as its Chairman and Managing Director since his return from the US in 1966. His return followed the sudden death of his father Muhammed Hashim Premji, who founded Western India Vegetable Products (Wipro) in 1945 to produce cooking or edible oils at Amalner in Maharashtra's Jalgaon district, about 410 km northeast of Mumbai.

Noting that his father demonstrated that a successful business could be built ethically and be driven by social purpose, Rishad Premji called upon the techies to chart new paths and win new frontiers while consolidating the company and upholding its rich values.

"Premji's contribution and achievements go beyond the success of our company. He is among the global pioneers of the IT industry. He has reshaped the world of Indian business, demonstrating that success can be achieved with commitment to integrity," Rishad Premji said.

Though Rishad Premji joined the $8.5-billion IT behemoth in 2007, he rose from the ranks to be its Chief Strategy Officer and a whole-time director since September 2010, under the guidance and mentorship of Azim Premji.

"Premji will be on the company's board as a non-executive director and Founder Chairman. He will also invest his time and energy for the philanthropic causes of the Azim Premji Foundation but will always be available for counsel," said Rishad Premji in the e-mail, accessed by IANS.

Observing that the company's belated success touched Azim Premji's social conscience, inspiring him to dedicate the major part of his personal wealth to philanthropy, Rishad Premji said his father served and touched the lives of the most disadvantaged people in the country.

"Our great strength is our people. I know this as I have been a part of the team for the last 12 years and had a chance to work and engage with many of you. Our commitment and focus on our clients powered by technology prowess is at the heart of our success," he said.

Admitting that he was conscious of carrying the company's legacy as his new responsibility, Rishad Premji said he felt a sense of humility and a surge of energy to take over the top post from July 31.

"Humble in success and resilient in adversity is our character. Commitment to our values, always unyielding on integrity, is at our core. It is my privilege to be part of such a team," he added.

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News Network
June 27,2020

Bengaluru, Jun 27: Karnataka Chief Minister B S Yediyurappa on Saturday emphasised on giving a new dimension to the city by strengthening the infrastructure and improving various other sectors including health and housing.

He was speaking at the groundbreaking ceremony of the 108-feet-tall bronze statue of Kempe Gowda, the founder of Bengaluru, at the Kempegowda International Airport near here. The statue would be built at a cost of Rs 66 crore in one-and-half years.

Yediyurappa said Bengaluru has earned the fame of Garden City and Silicon Valley of India. Noting that the state capital was one of the fastest-growing cities in the world and internationally acclaimed hub of information technology and biotechnology, he said, "We need to give a new dimension to this city and strengthen the infrastructure. We have to focus on health, housing, pollution control, traffic management. Our government has taken various measures to develop the city," the chief minister said.

On Kempe Gowda, Yediyurappa said though the city did not have a perennial river, he built hundreds of lakes and interconnected them. His water management reflects on his foresightedness, he added.

"Kempambudhi, Dharmambudhi, Sampaniram and Halasuru lake are among the major lakes gifted to the people of Bengaluru. He had set up the markets called Chickpet, Akkipet, Balepet, Kumbarpet, are still the major trade hubs," Yediyurappa said.

Former Prime Minister H D Deve Gowda, Union Minister of State for Railways Suresh Angadi, deputy chief ministers Govind Karjol, Dr C N Ashwath Narayan, Laxman Savadi and many other ministers were present on the occasion. The event was organised on the 511th birth anniversary of Kempe Gowda. Kempe Gowda was a chieftain of Vijayanagara dynasty who founded Bengaluru around 550 years ago.

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coastaldigest.com news network
August 1,2020

Mysuru, Aug 1: A young covid-19 warrior and activist has become the latest victim of novel coronavirus in Karnataka’s Mysuru district. 

The deceased is Khaleel ur Rahman (27), who was the office manager at Farooqia College of Pharmacy. 

During Covid-19 lockdown, he was working as a volunteer and was part of Mysuru City Corporation team also which is involved in the covid related work. 

Khaleel was also part of the team formed by IAS officer P Manivannan, who led the crucial Covid-19 relief efforts across Karnataka. He was also an activist of Social Democratic Party of India.

During the lockdown, he was distributing groceries and other necessary things among poor and migrants in Mysuru. 

Recently he fell ill and admitted to a private hospital. He was suffering from breathing difficulties. He breathed his last in the hospital without responding to any treatment.

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coastaldigest.com news network
July 7,2020

Bengaluru, Jul 7: Vasudeva Maiya, former CEO of Sri Guru Raghavendra Co-operative Bank, was found dead in his car in Bengaluru on July 6.

The Subramanyapura police have begun an investigation into Vasudeva Maiya's death.  Source said that he committed suicide. He was a native of Kota in Udupi district.

The car was found parked a little away from Maiya's house at around 6.30 pm on July 6.

The Reserve Bank of India (RBI) had in January imposed restrictions on Sri Guru Raghavendra Co-operative Bank and limited withdrawals to Rs 35,000 by customers.

On June 18, Anti-Corruption Bureau (ACB) raided five offices of Sri Guru Raghavendra Co-operative Bank, in relation to alleged misappropriation of Rs 1,400 crore.

The RBI, Enforcement Directorate, Criminal Investigation Department, and Registrar of Cooperative Societies are looking into the financial irregularities at the lender.

The police also conducted searches at residences of Maiya and the bank's chairman K Ramakrishna in relation to the above mentioned case, sources said.

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