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English Micro Project Yash Phadol
English Micro Project Yash Phadol
English Micro Project Yash Phadol
Topic Name -
AZIM PREMJI AN INDIAN ENTREPRENEUR
Submitted in First Semester by the group of students
Sr Roll No. Full Name of the Student Enrollment Seat No.
No. (Sem-I) (CAPITAL LETTERS ONLY) No. (Sem-I)
1 50 PHADOL YASH SUNIL 2111670181 321841
Roll Name of Student Marks out of 06 Marks out of 04 Total marks out of
No. for performance in for performance in 10
group activity oral/ presentation
50 PHADOL YASH SUNIL
INTRODUCTION
When Azim Premji took over as its chairman, Wipro dealt in hydrogenated
cooking fats and later diversified to bakery fats, ethnic ingredient based toiletries,
hair care soaps, baby toiletries, lighting products, and hydraulic cylinders.
Thereafter Premji made a focused shift from soaps to software.In the 80s Wipro
diversified into IT.
PERSONAL LIFE
Azim Premji was born into a Gujarati Khoja Nizari Ismaili Shia Muslim
family and has a BSEE degree (eq. to BE degree in Electrical Eng) fromStanford
University, USA. He is married to Yasmeen. The couple have two children, Rishad
and Tariq. Rishad is currently the Chief Strategy Officer of IT Business, Wipro.
Premji has been recognised by Business Week as one of the Greatest
Entrepreneursfor being responsible for Wipro emerging as one of the world’s
fastest growing companies.
In 2000, he was conferred an honorary doctorate by the Manipal Academy of
Higher Education.
In 2005 the government of India honoured him with the title of Padma Bhushan for
his outstanding work in trade and commerce.
In 2006, Azim Premji was awarded Lakshya Business Visionary by National
Institute of Industrial Engineering, Mumbai.
He was awarded Hon. (D.Litt.), an honorary degree, from the Aligarh Muslim
University on 18 June 2008 on the occasion of 58th Convocation Ceremony of the
University.
In 2009, he was awarded an honorary doctorate from Wesleyan University in
Middletown, Connecticut for his outstanding philanthropic work.
In 2011, he has been awarded Padma Vibhushan, the second highest civilian award
by the Government of India.
PHILANTHROPY
Days after tech tycoon Azim Premjiofficially announced he’d signed the Giving
Pledge, the Indian billionaire made his biggest philanthropic donation ever: Premji,
ranked as India’s third richest person with a fortune of over $13 billion, announced
Friday that he is donating $2.2 billion, or a 12% stake, in his IT outsourcerWipro,
to a trust to fund his education-focused Azim PremjiFoundation.
The donation of 295.5 million shares brings down Premji’s stake in Wiprofrom
70% to 58% and increases the charitable trust’s holding in the company to close to
20%. The billionaire’s latest act of charity comes on top of an initial $125 million
worth of shares in Wipro that he had earmarked to start the Foundation in 2001,
followed by his gifting shares worth $2 billion to the trust three years ago which
had made him Asia’s most generous philanthropist.
With this new endowment, Premji, often referred to as India’s Bill Gatesearlier for
his tech wealth and now for his charity, joins the ranks of the world’s top five
givers. Having donated $4.4 billion thus far, he’s given away more than Carlos
Slim Helu, the world’s richest person, who’s gifted $4 billion to his foundation. “
This is a magnanimous, magnificent gesture. But I’m not surprised because Azim
is a philanthropist at heart, “ said biotech pioneerKiranMazumdar-Shaw, Premji’s
close friend.
Lately, Premji has emerged as one of the most outspoken and active among India’s
wealthy on the issue of giving back. Last year in June, he co-hosted a philanthropy
meet with Bill Gates in Bangalore which was attended by several of the country’s
richest businesspeople. Recently, Premji caused a stir when he said that he
supported a government proposal to tax the super-rich. In comparison to some of
his fellow billionaires in India who splash out on palace-like homes and expensive
toys, Premji’s lifestyle is modest; last year it is believed he traded his modest
Toyota car for a Mercedes Benz but a second-hand one.
Premji’s hometown of Bangalore, known as India’s tech capital, can now be
regarded as the country’s philanthropy capital as well. Other large-hearted
residents of this city who have earned billion dollar fortunes such as the founders
of Infosys N.R. Narayana Murthy, Nandan Nilekani and S.Goplakrishnan, are all
notable givers. Premji’s friend Mazumdar-Shaw who donates half the dividends
she gets annually from her firm Biocon has disclosed to Forbes that she’s pledged
to give away 75% of her wealth: “Azim has set a trend for others to emulate.”
The vision of the Azim Premji Foundation is deeply rooted in the Indian
Constitution which establishes the idea of the Indian republic. As the Preamble to
the Constitution states, all Indians are constitutionally guaranteed the following
rights:
JUSTICE, social, economic and political.
LIBERTY of thought, expression, belief, faith and worship.
EQUALITY of status and of opportunity.
FRATERNITY assuring the dignity of the individual and the unity and integrity of
the Nation.
Our vision of education has been drawn from the National Policy of Education
which flows from the values articulated in the Constitution. The aims of education
stated in National Policy of Education have been the cornerstone of our approach
to education reforms and are worth examining here:
ABOUT WIPRO
1988-1992
In 1988, Wipro diversified its product line into heavy duty industrial cylinders and
mobile hydraulic cylinders. A joint venture company with General Electric of
U.S.A., in the name of Wipro GE Medical Systems Pvt. Ltd. was set up in 1989 for
the manufacture, sales and service of diagnostic and imaging products. Later, in
1991, tipping systems and Eaton hydraulic products were launched. The Wipro
Fluid Power division, in 1992, developed expertise to offer standard hydraulic
cylinders for construction equipment and truck tipping systems. The market saw
the launch of the "Santoor" talcum powder and "Wipro Baby Soft" range of baby
toiletries in 1990.
1994-2000
In 1994, Wipro set up an overseas design center, Odyssey 21, for undertaking
projects and product developments in advanced technologies for overseas clients.
Wipro InfoTech and Wipro Systems were amalgamated with Wipro in April that
year. Five of Wipro's manufacturing and development facilities secured the ISO
9001 certification during 1994-95. In 1999, Wipro acquired Wipro Acer. Wipro
SuperGenius personal computers (PCs) became the only Indian PC range to obtain
the US-based National Software Testing Laboratory's (NSTL) Certification for
Year 2000 (Y2K) compliance. Wipro Limited joined hands with a global telecom
major KPN (Royal Dutch telecom) to form a joint venture company “Wipro Net
Limited” to provide internet services in India. The year 2000 was the year Wipro
launched solutions for convergent networks targeted at Internet and telecom
solution providers in the names of Wipro OSS Smart and Wipro WAP Smart.
2001 onwards
In February 2002, Wipro became the first software technology and Services
Company in India to be certified for ISO 14001 certification. Wipro also achieved
ISO 9000 certification to become the first software company to get SEI CMM
Level 5 in 2002. Wipro Consumer Care and Lighting Group entered the market of
Compact Fluorescent Lamps, with the launch of a range of CFL, under the brand
name of Wipro Smartlite. As the company grew, a study revealed that Wipro was
the fastest wealth creator for 5 years (1997–2002). The same year witnessed the
launch of Wipro’s own laptops with Intel's Centrino mobile processor. Wipro also
entered into an exclusive agreement with the owners of Chandrika for marketing of
their soap in select states in India. It set up a wholly owned subsidiary company
viz. Wipro Consumer Care Limited to manufacture consumer care and lighting
products.In 2004, Wipro joined the billion dollar club.It also partnered with Intel
for i-shiksha.The year 2006 saw Wipro acquire cMango Inc., a US based
Technology Infrastructure Consulting firmEnabler, and a Europe based retail
solutions provider. In 2007, Wipro inked a large deal with Lockheed Martin. It also
entered into a definitive agreement to acquire Oki Techno Centre Singapore Pte
Ltd (OTCS)and signed an R&D partnership contract with Nokia Siemens
Networks in Germany. The year 2008 saw Wipro’s foray into the clean energy
business with Wipro Eco Energy. In April 2011, Wipro signed an agreement with
Science Applications International Corporation (SAIC) for the acquisition of their
global oil and gas information technology practice of the commercial business
services business unit. The year 2012 saw Wipro make its 17th acquisition in IT
business when it acquired Australian analytics product firm Promax Applications
Group (PAG) for $35 million.
WIPRO BUSINESS UNITS
Wipro IT
Wipro Technologies, the global IT business of Wipro Limited is a leading
Information Technology, consulting and outsourcing company with a
comprehensive portfolio of services and an organization wide commitment to
sustainability and innovation. The IT Products segment sells a range of Wipro
personal desktop computers, Wipro servers and Wipro notebooks. It is also a value
added reseller of desktops, servers, notebooks, storage products, networking
solutions and packaged software for international brands.
Wipro entered into the technology business in 1981 and has over 130,000
employees and clients across 54 countries today. IT revenues stood at $ 5.9 billion
for the year ended March 31, 2012 with a repeat business ratio of over 95%.
The business model at Wipro Technologies Ltd is an industry aligned customer
facing model which gives greater understanding of customers’ businesses to build
industry specific solutions.
Wipro Consumer Care & Lighting
Wipro Consumer Care and Lighting (WCCLG), a business unit of Wipro Limited
operates in the FMCG segment offering a wide range of consumable commodities.
Established in 1945, the first product to be introduced by WCCLG was vegetable
oil, later popularized under the brand name 'Sunflower Vanaspati'. It offers
personal care products, such as Wipro Baby Soft and Wipro Safewash, toilet soaps
like Santoor and Chandrika and international brands like Yardley. Its portfolio of
lighting solutions includes products like Smartlite CFL, LED, emergency lights
and more.
Through its customer-centric products and acquisitions, Wipro Consumer Care and
Lighting has become a fast growing company in the FMCG segment.
Wipro Infrastructure Engineering
Conclusion :
In the future , the core aim of the foundation which is to use education as a
force multiplier to create a more just society will just get magnified . “ He
has been most successful IT company . However , his greatest legacy he has
passed on to the corporate world is Philanthropy. This micro project is
very helpful for me to enhance my language skills .
References:
1) www.wikipedia.org/
2) www.azimpremjifoundation.org
3) www.azimpremjiuniversity.edu.in/