Indian IT giants are reorienting their business models around artificial intelligence, shedding traditional digital transformation narratives in favour of AI-native strategies focused on high-margin applications and integration — not foundational AI research.A review of FY25 annual reports of Tata Consultancy Services (TCS), Infosys, Wipro and Tech Mahindra reveals a clear pattern: India’s top tech firms are positioning themselves as leading …
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Infosys CEO Salil Parekh’s pay jumps 21.6% to Rs 80.62 crore in FY25 – Times of India
Salil Parekh (File photo from Infosys website) Infosys CEO and managing director Salil Parekh received a total pay of Rs 80.62 crore in FY25, marking a 21.6 per cent increase from Rs 66.25 crore in the previous year, according to the company’s annual report.The report details that Parekh’s remuneration comprised a base salary of Rs 7.45 crore, retiral benefits worth …
Read More »Wipro’s Rishad Premji’s pay doubled to $1.6 million, but CEO Srinivas Pallia’s package might surprise you – Times of India
Wipro Executive Chairman Rishad Premji’s remuneration more than doubled to $1.6 million (about Rs 13.7 crore) but was still less than company CEO Srinivas Pallia’s earnings of $6.2 million (about Rs 53.64 crore) in the fiscal year ended March 31, 2025, according to the company’s latest annual report.Premji, in the fiscal year 2023-24, did not take any commission since the …
Read More »Inside Azim Premji’s ₹350 crore luxurious farmhouse-style home in Bengaluru – The Times of India
Indian businessman and philanthropist Azim Premji, the former chairman of Wipro Limited, is known for his remarkable business acumen and unwavering commitment to philanthropy. True to his understated yet refined persona, Premji’s residence in Bengaluru is a stunning reflection of traditional elegance blended with contemporary luxury. Situated in the Whitefield area, this grand farmhouse-style property mirrors his values of simplicity, …
Read More »Wipro reports 24.4% increase in Q3 profit, announces Rs 6 dividend and new capital allocation policy – The Times of India
NEW DELHI: Wipro‘s consolidated net profit for the December quarter stood at Rs 3,354 crore, up by 24.4 per cent from the corresponding quarter of the previous year. The IT major’s operational revenue increased modestly by 0.5 per cent growth, reaching Rs 22,319 crore.The company projected the revenue from the IT services in the range of $2,602 million and $2,655 …
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