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Stock impact report

Indian Billionaire Azim Premji Says He'll Retire From Wipro [Forbes]

Infosys Limited American Depositary Shares (INFY) 
Last infosys limited american depositary shares earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: infosys.com/investors
Company Research Source: Forbes
Indian Billionaire Azim Premji Says He'll Retire From Wipro Wipro’s executive chairman and managing director Azim Premji, who’s known as much for his business acumen as his large-hearted philanthropy, will step down on July 30. The tech billionaire, who turns 74 next month, will retain a board seat and the title of founder chairman. His son Rishad Premji, 42, Wipro’s chief strategy officer, will be executive chairman, and CEO Abid Neemachwala will also hold the managing director’s post, according to a Bombay Stock Exchange filing. In a company statement, Premji said that he plans to “ devote more time to focus on our philanthropic activities. I have great confidence and trust in Rishad's leadership to steer Wipro in its next phase of growth as we move forward Azim Premji (AP Photo/Aijaz Rahi) ASSOCIATED PRESS A Harvard Business School grad, Rishad, the older of Premji’s two sons, worked at GE Capital and Bain & Company before joining Wipro a dozen years ago. Apart from heading strateg Show less Read more
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