Azim Premji to retire as executive chairman of Wipro; son Rishad to take over
New Delhi, June 6: IT czar Azim Premji will retire as executive chairman of Wipro with effect from July 30, but will continue to serve on the board as non-executive director and founder chairman, the company said in a statement.
His son Rishad Premji, chief strategy officer and a board member, will take over as the executive chairman of the company.
"Azim Premji, one of the pioneers of the Indian technology industry and founder of Wipro Limited, will retire as executive chairman upon the completion of his current term on July 30, 2019, after having led the company for 53 years. However, he will continue to serve on the board as non-executive director and founder chairman," Wipro said in a statement announcing the top deck changes.
The board has also announced that chief executive and executive director Abidali Z Neemuchwala will be re-designated as CEO and managing director.
"These changes will be effective July 31, 2019, subject to shareholder approval," the company added.
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Assam Police at Pawan Khera's residence in national capital, Delhi Police assisting
New Delhi (PTI): An Assam Police team on Tuesday is at the Delhi residence of Congress leader Pawan Khera for questioning in connection with a case linked to allegations made against Assam Chief Minister Himanta Biswa Sarma and his family, official sources said.
The team formally informed Delhi Police upon arrival, following which a local police team joined and is assisting in the proceedings, the source said.
The development comes amid a political tussle after Sarma alleged that the Congress used "false information" sourced from a Pakistani social media group to level charges against his wife regarding multiple passports and overseas assets. He termed the allegations an attempt to influence the Assam elections and a punishable offence.
Khera had recently sought clarifications on Sarma's wife's alleged foreign assets, prompting a complaint and subsequent police action.
