Financial Daily from THE HINDU group of publications
Saturday, Jul 23, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Info-Tech - People


Premji turns a charmer, casts a spell

Our Bureau


Mr Azim Premji, Wipro Chairman, at a press conference in Bangalore on Friday. - - G R N Somashekar

Bangalore , July 22

THE usual quarterly earnings announcement by Wipro was a day of many firsts for the 59-year-old Wipro Chairman, Mr Azim Premji.

The first in many years he was addressing the event without the Vice-Chairman, Mr Vivek Paul, by his side.

The first in a long time the usually stern-looking tycoon was seen wreathed in smiles, joking and relaxed at such an event. "We want good press," said Mr Premji, acknowledging his changed attitude and the impact of the coverage and speculation he and the company had come in for since Mr Paul announced his exit.

It was also the first in a long time Mr Premji tried to charm the seemingly unfavourable media.

The first time he did not frown upon the photographers jostling for a better position as they shot pictures of India's richest man, who manages to make news whether he smiles or frowns.

Mr Premji said he was still on the best of terms with Mr Paul - even going so far as to suggest that Mr Paul might bring in business for Wipro or enable it to make acquisitions of technology firms.

Wipro would not fill the position Mr Paul had vacated and had five CEOs instead of one, Mr Premji said, adding that the company's current structure was not a temporary one but was for the long term. "The top management comprises people who grew with Wipro."

He even subjected some of his top management to some ribbing, saying the deep-voiced COO, Mr A.L. Rao, had the "voice of Marlon Brando" and that Mr Sudip Banerjee, President, Enterprise Solutions, "looked like a movie star".

A very surprising first for Premji was his dig at rival Infosys when he said the latter was `still struggling" to establish a structure around verticals - as Wipro had.

More in store. Mr Premji would say (tongue firmly in cheek) that he and the Wipro top management would have got no attention at all had Mr Vivek Paul been present at the earnings announcement.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
SSI to allot shares, warrants to promoters


Wipro BPO trims team — Revenues to remain muted for next two quarters
Continental in talks with Wipro to outsource IT needs
TRAI for mobile number portability
Tata Tele's Truepaid services in Kerala
Wipro Q1 net rises 20 pc at Rs 428 cr, revenues up 28 pc — `Global IT business continued to sustain momentum'
Polaris Software posts 46-pc drop in net profit
Tata Elxsi net at Rs 6.59 cr
Role fitment sees 150 out in Polaris
`e-commerce growing at over 50 pc'
Cos to boycott Bangalore IT.in
Premji expects 12 pc wage bill rise over 2 years
Premji turns a charmer, casts a spell


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line