Azim Premji Current Affairs - 2019
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Azim Premji Chairman of Wipro Ltd will be felicitated with the Ernst & Young Lifetime Achievement Award. Ernst & Young, famously known as EY is a multinational professional services firm and is one of the “Big Four” accounting firms.
Motivational Journey of Azim Premji
Azim Premji was born on July 24, 1945, to an affluent Gujarati entrepreneur. He inherited Wipro, a vegetable oil company at the age of 21 after the sudden demise of his father.
Azim Premji was pursuing Electrical Engineering from Stanford University, USA when he took over the reins of his family business in 1966. He was written off to carry the herculean task and was publicly advised to sell his shareholding and give it into more mature hands. This further strengthened his resolve to make Wipro a success story.
Under his able leadership, Wipro diversified from hydrogenated cooking fats to bakery fats, ethnic ingredient based toiletries, hair care soaps, baby toiletries, lighting products and hydraulic cylinders.
The expulsion of IBM from the Indian market led to a vacuum and Wipro ventured into software services taking advantage. The rest is history. He led Wipro from a hydrogenated cooking fats company to a pioneer in providing integrated business, technology and process solutions on a global delivery platform. Wipro Technologies is the largest independent R&D service provider in the world and is ranked among the top 100 technology companies globally.
In 2005 Premji was conferred the Padma Bhushan and Padma Vibhushan in 2011. Premji has also pledged to donate USD 2 billion for improving school education in India, the first of its kind by any Indian billionaire.
Chairman of IT major Wipro and philanthropist Azim Premji was bestowed with highest French civilian distinction Chevalier de la Legion d’Honneur (Knight of the Legion of Honour). He was awarded for his outstanding contribution to developing information technology industry in India, his economic outreach in France and his contribution to society as philanthropist through the Azim Premji Foundation and Azim Premji University
Legion d’Honneur (Legion of Honour)
It is the highest civilian award given by the French government to person for his outstanding service to France, regardless of the nationality of the recipients. It was instituted in 1802 by Napoleon Bonaparte. The order (merit for both military and civil merits) is divided into five degrees of increasing distinction: Chevalier (Knight), Officier (Officer), Commandeur (Commander), Grand officier (Grand Officer), and Grand-croix (Grand Cross). President of France is the Grand Master of the Order of the Legion of Honour. Some of the past Indian recipients of this prestigious award include renowned scientist and Bharat Ratna awardee C N R Rao, superstar Shah Rukh Khan, Amitabh Bachchan Amartya Sen, Ravi Shankar, Zubin Mehta, Lata Mangeshkar, JRD Tata and Ratan Tata among others.
Tags: awards • Azim Premji • Business • Civilian Honour • Economy of India • Gujarati people • India-France • Indian people • J. R. D. Tata • Kutchi people • Legion d'Honneur • Legion of Honour • Military awards and decorations of France • Ratan Tata • Wipro