Wipro Admits Azim Premji had donated Rs 50,000 crore in 2019

    Tech goliath Wipro has explained that news reports and online networking posts of Founder Azim Premji giving Rs 50,000 crore are deceiving as the magnanimous commitment was made in March 2019. Truly, Premji, the then director of Wipro had reserved 34 percent of his offers worth Rs 52,750 crore to a blessing under the Azim Premji Foundation.

    The gift was made by the donor in mid-March 2019, making him perhaps the greatest humanitarian in India’s history. The 74-year-old prior has given cash for admirable missions wholeheartedly that incorporate Wipro shares and different resources claimed by him.

    Updates on Premji’s gift was accounted for by CNBC-TV.com on March 14, 2019.

    The absolute estimation of Premji’s gift corpus remained at 1.45 lakh crore at that point, which included 67 percent of monetary responsibility for, the Premji Foundation said a year ago.

    In an announcement, Wipro told CNBC-TV18, “The declaration was made in March 2019. No such declaration was made today.”

    New reports were doing the rounds via web-based networking media after one individual tweeted about the gift, notwithstanding, many idea that the magnanimous move was following the coronavirus episode.