Azim Premji's Wipro Group to spend 1125 crore itself in battle with Corona

No donation in PM Cares, Azim Premji's Wipro Group to spend 1125 crore itself in battle with Corona

Azim Hashim Premji (born 24 July 1945) is an Indian business tycoon, investor, engineer, and philanthropist, who is the chairman of Wipro Limited. He is informally known as the Czar of the Indian IT Industry. He was responsible for guiding Wipro through four decades of diversification and growth to finally emerge as one of the global leaders in the software industry.

Azim Premji's Wipro Group has announced to spend Rs 1125 crore in dealing with Corona, but the group has not asked to donate this amount to PM Cares Fund. The group will spend this amount through its foundation. It will be implemented by a team of 1600 employees of Azim Premji Foundation.

On the plea of ​​PM Modi to donate for the war from Corona, the corporate world has come out openly and many thousands of crores of rupees have been raised in the PM Cares Fund. Meanwhile, Azim Premji's Wipro group has announced to spend Rs 1125 crore in dealing with Corona, but the group has not asked to donate this amount to the PM Cares Fund. The group will spend this amount through its foundation.

What did the company say 

The Wipro Group issued a statement on Wednesday, stating, "Wipro Limited, Wipro Enterprises and Azim premji Foundation will together spend Rs 1125 crore in view of the unprecedented health and humanitarian crisis arising out of Kovid — 19. This money will be used to increase humanitarian aid, health facilities in the affected areas. It will be implemented by a team of 1600 employees of Azim Premji Foundation.

According to the company, out of this Rs 1125 crore, 100 crore rupees, Wipro Limited, 25 crore rupees will be given by Wipro Enterprises and 1000 crore rupees by Azim Premji Foundation.

A new donation fund has been created in the name of PM

Significantly, on Saturday, PM Modi announced the formation of PM Cares Fund to help fight the corona virus and called on the countrymen to donate more and more to combat the corona.

Contested race

After this, there was competition from corporate to film stars to donate to this fund. The Tata group announced a total donation of Rs 1500 crore. Reliance Industries has announced to give 500 crore rupees in it. Apart from this, Adani Group, Vedanta Group, Paytm, Jindal Group, etc. have announced to donate hundreds of crores of rupees in it, if you talk about big corporate groups.

False reports of Azim Premji giving large sums of money to this fund were going viral on social media, but now the company has issued a statement that it will make it clear that it will work on its level to compete with Corona and spend a large amount of money.