TechLahore
FULL MEMBER
- Joined
- Nov 15, 2009
- Messages
- 1,741
- Reaction score
- 0
Wah Azeem sahib! Excellent work!
A little about Azeem Premji:
Azim Premji (Gujarati: અઝીમ પ્રેમજી
(born July 24, 1945), is an Indian business baron and philanthropist often known as Indian Bill Gates.[5] He is the Chairman of Wipro, one of the largest software companies in India. According to Forbes, he is currently the second richest Indian with a personal wealth of US$17 billion in 2010.[6] Azim Premji was rated the richest person in the country from 1999 to 2005 as per Forbes[7]. In 2000, he was voted among the 20 most powerful men in the world by Asiaweek. He was also among the 50 richest people in the world from 2001 to 2003 according to Forbes. In April 2004, he was rated among the 100 most influential people in the world by Time magazine. His assets include 74% of Wipro, the remaining 26% belonging to the cofounder of Wipro. Premji is now the chairman of Wipro.
Premji was born in Bombay (now Mumbai), India, to a Gujarati Khoja Shia Isna-ashari Muslim family. His father M. H. Premji owned the Western India Vegetable Product Company (which later became Wipro Ltd.) which made hydrogenated vegetable oils and fats.
The news:
Indian software exec pulls a Bill Gates
by Ina Fried
Wipro Chairman Azim Premji (right) chats with Stanford University's Rafiq Dossani at the 2006 Future in Review conference.
(Credit: Tom Krazit/CNET)
The storyline sounds familiar: software executive makes billions building his company, realizes that with wealth comes responsibility, and pledges the bulk of his fortune to charity.
But this time it's not Bill Gates. It's Azim Premji, the billionaire chairman of India's Wipro.
Premji, like Gates, has a big focus on education, using his foundation to improve teaching standards and fund schools that are trying new methods, according to a report on Forbes.com. Premji said he is trying to break with tradition in Asia, which holds that wealth is passed from generation to generation.
"Even if I was to give my children a small part of my wealth, it would be more than they can digest in many lifetimes," Premji told Forbes.
During his recent college tour, Bill Gates said he had been talking with many of the wealthy in India and China about the benefits of giving back.
"I'm hopeful," Gates said, as part of his talk at the University of California at Berkeley. "In fact, I've been having meetings with some of the people who have done very well in India and the people who have done very well in China."
Click on the image above to see CNET's complete coverage of Bill Gates' College Tour.
Gates noted that there is a fairly good philanthropic tradition in the U.S., but even here only about 20 percent of the biggest estates' money goes to charity.
"That 20 percent should be more like 50 or 60 percent," Gates said. But it's even less elsewhere.
"In India or China today it's very, very small and yet, because there's no tradition--it could go one direction or another," Gates said. "It's clear the best place to capture a fortune for philanthropy is in the generation it was first earned...If you don't get it right at the beginning, if you get this sort of dynastic thinking under way, then it is very difficult."
During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft. E-mail Ina.
A little about Azeem Premji:
Azim Premji (Gujarati: અઝીમ પ્રેમજી
(born July 24, 1945), is an Indian business baron and philanthropist often known as Indian Bill Gates.[5] He is the Chairman of Wipro, one of the largest software companies in India. According to Forbes, he is currently the second richest Indian with a personal wealth of US$17 billion in 2010.[6] Azim Premji was rated the richest person in the country from 1999 to 2005 as per Forbes[7]. In 2000, he was voted among the 20 most powerful men in the world by Asiaweek. He was also among the 50 richest people in the world from 2001 to 2003 according to Forbes. In April 2004, he was rated among the 100 most influential people in the world by Time magazine. His assets include 74% of Wipro, the remaining 26% belonging to the cofounder of Wipro. Premji is now the chairman of Wipro.Premji was born in Bombay (now Mumbai), India, to a Gujarati Khoja Shia Isna-ashari Muslim family. His father M. H. Premji owned the Western India Vegetable Product Company (which later became Wipro Ltd.) which made hydrogenated vegetable oils and fats.
The news:
Indian software exec pulls a Bill Gates
by Ina Fried
Wipro Chairman Azim Premji (right) chats with Stanford University's Rafiq Dossani at the 2006 Future in Review conference.
(Credit: Tom Krazit/CNET)
The storyline sounds familiar: software executive makes billions building his company, realizes that with wealth comes responsibility, and pledges the bulk of his fortune to charity.
But this time it's not Bill Gates. It's Azim Premji, the billionaire chairman of India's Wipro.
Premji, like Gates, has a big focus on education, using his foundation to improve teaching standards and fund schools that are trying new methods, according to a report on Forbes.com. Premji said he is trying to break with tradition in Asia, which holds that wealth is passed from generation to generation.
"Even if I was to give my children a small part of my wealth, it would be more than they can digest in many lifetimes," Premji told Forbes.
During his recent college tour, Bill Gates said he had been talking with many of the wealthy in India and China about the benefits of giving back.
"I'm hopeful," Gates said, as part of his talk at the University of California at Berkeley. "In fact, I've been having meetings with some of the people who have done very well in India and the people who have done very well in China."
Click on the image above to see CNET's complete coverage of Bill Gates' College Tour.
Gates noted that there is a fairly good philanthropic tradition in the U.S., but even here only about 20 percent of the biggest estates' money goes to charity.
"That 20 percent should be more like 50 or 60 percent," Gates said. But it's even less elsewhere.
"In India or China today it's very, very small and yet, because there's no tradition--it could go one direction or another," Gates said. "It's clear the best place to capture a fortune for philanthropy is in the generation it was first earned...If you don't get it right at the beginning, if you get this sort of dynastic thinking under way, then it is very difficult."
During her years at CNET News, Ina Fried has changed beats several times, changed genders once, and covered both of the Pirates of Silicon Valley. These days, most of her attention is focused on Microsoft. E-mail Ina.
So ,recession time is the time to squeeze the last blood from the Employee by Employers and 16 hour continuous shift are so common there,I heard?
