Unflinching commitment to Values continues to remain at the core of Wipro. Premji strongly believes that ordinary people are capable of extraordinary things when organized into highly charged teams, and takes a keen personal interest in developing leaders and teams. Combining its deep expertise in technology with an equally clear understanding of client industries, Wipro attempts to deliver business value to its clients consistently.
This consistency is driven by its pioneering efforts in service quality and predictability, through methodologies like Six Sigma, PCMM and Lean.
The underlying tenets that drive this overall culture are that of speed, simplicity and excellence. Premji firmly believes that business organizations have a social responsibility not only to employ ethical, fair and ecologically sensitive business practices but also to actively engage with fundamental societal issues.
Mission 10X works to improve quality of engineering college education. In , Premji established and personally endowed the Azim Premji Foundation, a not-for-profit organization, with a vision of enhancing quality and equity in the public-school education system in India, to build a better society.
The Azim Premji Foundation works in 7 states of India which have over , schools. In , the Foundation established the Azim Premji University, which is focused on teaching and research programs in Education and other areas of Human Development. Azim Premji Philanthropic Initiatives supports not-for-profits, through financial grants, which work in areas complementing education, such as nutrition, local governance, and well-being of vulnerable groups.
Over the years, Azim Premji has received numerous honors and accolades, which he considers as recognitions for Team Wipro. He was conferred in January with Padma Vibhushan, the second highest civilian award in India. In December , Economic Times bestowed Mr.
Premji with Life Time Achievement Award. Vineet Agrawal was appointed the head of Wipro Consumer Care in He also leads the B2B business of office modular furniture and both domestic and commercial lighting. The Committee comprises of Dr. Your Company has adopted an Ombuds process as a channel for receiving and redressing complaints from employees and Directors, as per the provisions of Section 9 and 10 of the Companies Act, and regulation 22 of the Listing Regulations. Pursuant to the provisions of section of the Companies Act,an audit firm can act as auditors of a listed company for a maximum tenure of two terms of 5 consecutive years.
The research and development expenses for the years ended March 31,and were Rs. Material changes and commitments affecting the financial position of the Company There have been no material changes and commitments, affecting the financial position of the Company which occurred during between the end of the financial year to which the financial statements relate and the date of this report.
For example, Wipro Sight solution uses advanced computer vision based algorithms to analyze customer behavior in stores for delivering enhanced in-store retail experience.
Ot Bangalore, June 25, Chairman. The Company has received necessary declarations from the Independent Directors stating that they meet the prescribed annuap for independence.
Board Evaluation Pursuant to the provisions of the Companies Act, and the Listing Regulations, the Board dipro required to monitor and review the Board evaluation framework. Top Technicals.
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Add to my list. With Wipro. Annual Report Wipro Limited 1. For more information, please visit wipro. Treat each person with respect We treat every human being with respect. Be global and responsible We will be global in our thinking and our actions. Unyielding integrity in everything we do Integrity is our core and is the basis of everything.
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The report complies with financial and statutory data requirements of the Companies Act, including the Rules made thereunder , Accounting Standards, the Securities and Exchange Board of India Listing Obligations and Disclosure Requirements Regulations, and the Secretarial Standards. The topics covered in the report were identified through materiality determination exercise and stakeholder engagement process.
The report incorporates financial and non- financial information - governance, environmental and social - in a manner that can help stakeholders understand how a company creates and sustains value over the long term.
Where we can accelerate digital transformation, while transforming the ways we create meaningful impact. At Wipro, we're helping leaders around the world harness the power of cognitive computing, robotics, cybersecurity, the cloud, and emerging technologies to transform their companies and communities into engines of growth. Innovation has always been a focus for Wipro, and made that focus urgent, more critical.
We moved quickly to help our customers, employees, and communities adapt to the pandemic. The result is a bold new Wipro, driven by a powerful strategy that balances ambitious business goals with a renewed commitment to empowering people.
We are setting a high bar, committing ourselves to driving meaningful change and sustained growth in everything we do going forward. During one of the most difficult years in recent history, we embarked on a radical transformation of the Wipro organization.
We shifted to the new operating model, and have been receiving great feedback from internal teams, clients, investors, and analysts. We are also moving away from traditional delivery models, encouraging delivery leaders to adopt more flexible, powerful methods of working. We appointed new leaders in many roles and significantly simplified the structure at the top.
This is an impressive group of people, with fresh perspectives and a lot of experience to share with our teams and our clients.
We are confident that their expertise will help us advance our strategy and provide the support and leadership that is essential for long-term growth. Over the years, our mergers and acquisitions have created a vibrant community of diverse talent around the world. Acquiring CAPCO significantly strengthens our position in the global financial services market, and Ampion will help us expand our footprint in Australia, accelerating our growth in the Asia-Pacific region.
In April , we fully integrated seven of our previously acquired companies and subsets of those individual brands. We now have almost everyone united under one Wipro brand - one identity, one mindset, one shared ambition. This move allows all of us to go to market as One Wipro. Talent is essential to our new growth strategy. We are investing heavily in our teams and nurturing top talent. We have updated our competency development programs to keep our project, delivery, and program managers equipped with the latest skills.
We are leveraging TopGear and Topcoder to enable us and our clients to tap a global talent pool of Wipro employees, as well as a highly skilled external crowd, to execute even the most challenging projects.
With remote work on the rise, crowdsourcing has potential to become a key delivery model. Wipro is a front- runner in the crowdsourcing space, and we intend to use our advantage to push more innovative solutions in with this delivery model.
Respect and inclusivity are fundamental to Wipro, but last year was a reminder that we can all do more. Our new approach to talent management focuses on increasing diversity throughout our organization and providing greater support across the board. This renewed focus on acquiring, developing, and maintaining talent will increase performance across our global teams, translating to greater innovation, efficiency, and quality.
In April , we fully integrated seven of our previously acquired companies. We now have almost everyone united. Technology adoption increased significantly in As businesses responded to the pandemic, many began exploring new technologies or doubling down on earlier investments, accelerating digital transformations worldwide and driving demand.
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