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The company was incorporated on 29 December 1945 in Amalner by MH Hasham Premji as Western India Vegetable Products Limited, a manufacturer of cooking oils. [5][6][7] In 1966, after Hasham Premji's death, his son Azim Premji dropped out of Stanford University and took over as chairperson at age 21.
Feb 28, 2022 · On October 19, as the company’s chairman Azim Premji rang the opening and closing bells at the NYSE, Wipro became the first Indian IT company and just the third from across sectors to list on the 183-year-old US exchange.
- Sundeep Khanna
Apr 3, 2024 · Mohamed Premji, Founder Of Wipro. Founded on December 29, 1945, in Amalner, India, by Indian citizen Mohamed Premji, the company initially operated as the Palm Refinery Oil Company. It began as a manufacturer of vegetable oils and later shifted into consumer goods, lighting, and hydraulic cylinders. - Advertisement -.
Aug 24, 2024 · Wipro Limited, a pioneer in the IT services industry, has grown from its humble beginnings as a vegetable oil company into a global leader in technology, consulting, and business process services. Founded in 1945, Wipro has successfully navigated the rapidly evolving technology landscape, establishing itself as a key.
Jun 24, 2023 · Additionally, Wipro faced a class-action lawsuit in the United States. The lawsuit was filed by five former employees, alleging violations of federal securities laws. The case claimed that Wipro made false and misleading statements, leading to artificially inflated stock prices.
In August 1979, Wipro recruited its first members of the Infotech division. Two months later, Wipro applied for a license to develop, manufacture and market minicomputers.
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Jul 20, 2021 · Wipro FullStride Cloud Services will work with clients to better align business and IT with the cloud imperative, create significant business value and increase competitive differentiation.
