INSIDE 2 4 8 10 12 14 16 22 24 41 55 85 Certain statements in this annual report concerning our future growth prospects are. forward-looking statements, including statements contained in the company’s filings with the Securities and Exchange Commission and our reports. Wipro Annual Report 13 – Ebook download as PDF File .pdf), Text File .txt) or read book online. Annual report wipro.
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Premji Chairman Bangalore, June 21, The Technovation Center has now evolved into an experience platform to demonstrate the Company”s solutions to its customers.
Your Company has obtained a certification from V. In the Consolidated Accounts, these are considered as hedges of net investment in non- integral foreign operations and are recognized directly in shareholder”s fund.
This certificate is given in page 93 of this Annual Report. In the Consolidated Accounts, these are considered as hedges of net investment in overseas operations and dipro recognized directly in shareholders funds. For and on behalf of the Board of Directors.
More Information on Wipro Ltd. This Framework provides five integrated components of internal controls, namely.
InWipro Ventures has seen strong traction and scale. Accordingly, no such item has been considered in notice of the 72 nd AGM. Your Company has also built a Big Data Ready Enterprise, which is an open sourced big data product aimed at addressing the complete lifecycle of managing data across the enterprise data lake that makes it possible to ingest, organize, enrich, process, analyze, govern and extract data at a fast pace, thereby significantly accelerating the big data implementation in a cost effective manner.
On April 25,the Board recommended a proposal for issue of Bonus Equity Shares in the proportion of 1: On a standalone basis, our sales declined to Rs. Personnel The particulars of employees as required by Section 2A of the Companies Act,read with the Companies Particulars of Employee Rules, as amended is reported in Page no 47 to 51 provided as Annexure ”A” to this report. In Aprilyour Company acquired Info server S. This strategic move will lead to more effective management and resources utilization and help accelerate growth, through Wipro GE Healthcares large distribution network.
Pursuant to provisions of section and Articles of Association of the Company, Mr.
However, as part of Business Responsibility Report in Pages 84 towe had given details of steps taken in reprot area of Energy Conservation and other Sustainability Intiatives.
Compliance Management Framework Vour Company has a robust and effective framework for monitoring compliances with applicable laws. Fixed Deposits Your company has not accepted any fixed deposits.
Compliance Committee and the Board periodically monitor status of compliances with applicable laws based repory quarterly certification provided by senior management. Such third party cookies may track your use on Goodreturns sites for better rendering. Investments in direct subsidiaries During the year under review, your Company had invested an aggregate amount of USD Mn as equity in its direct subsidiaries i.
Directors Report of Wipro Ltd.
The Cost Audit report for the year ended March 31, was due on September 30, and was fled by the cost Auditor on August 25, During the yearunclaimed Dividend of Rs. Your Company uses quality processes wipr global talent pool to deliver “time to development” advantages, cost savings and productivity improvements. Apart from this, your Company had funded its subsidiaries, from time to iwpro, as per the fund requirements, through loans, guarantees and other means.
B C Prabhakar and Mr.
Assignment Point – Solution for Best Assignment Paper
The Guidelines broadly outline governance based on Ethics, Transparency and Accountability, Goods and Services that contribute to sustainability, promote well being of employees, dipro the interest of disadvantaged, vulnerable and marginalised groups of stake holders, promotion of human rights, protect and restore environment, supporting inclusive growth and equitable development and provide value to our customers.
Ashok S Ganguly c Mr. As a part of its philosophy of adhering to highest ethical standards, transparency and accountability, your Company has historically adopted the practice of undertaking related party transactions only in the ordinary and normal course of business and at arm”s length.
Subsidiary Companies The Ministry of Corporate Affairs, Government of India, has granted a general exemption under section 8 of the 2102-13 Act, from the requirement to attach detailed financial statements of each subsidiary. During the fiscal year ended March 31,Wipro Ventures has seen strong traction and scale.
Financial Performance Key aspects of your Companys consolidated financial performance for Wipro and its group companies and standalone financial resultrfor Wipro Limited for the year are tabulated below: V he Board met five annjal during the financial year on April, June 3,Julyqnnual, Octoberand January The information on Conservation of Energy as required under Section 1 feport ofthe Companies Act, read with Rule 2 of the Companies Disclosure of Particulars in the Report of Board of Directors Rules, on Conservation of Energy is not applicable to the business segments which we operate.
Consequently, the paid up equity share capital of the Company stood at Rs.
Wipro Balance Sheet, Wipro Financial Statement & Accounts
Also, during the year ended March 31,your Company has increased its ownership in Drive stream Inc. Mar 31, On behalf of the Board of Directors the “Board”it gives me great pleasure to present the 70th Board”s Report of your Company, along with the Balance Sheet, Profit and Loss account and Cash Flow statements, for the financial year ended March 31, In the consolidated Accounts, these are considered as hedges of net investment in non-integral foreign operations and are recognized directly in shareholders funds.
The requisite notices together with necessary deposits have been received from a member pursuant to Section of the Companies Act, proposing the election of Mr. Foreign Exchange Earnings and Outgoings During the year, your company has earned foreign exchange of Rsmillion and the outgoings in foreign exchange were Rs 99, million, including outgoings on materials imported and dividend. During the year, your Company won several awards and accolades, out of which key anbual are given below: While US continues to be the largest geographic market for India, accounting for 62 repoet, the highlight for the year was revival in demand from Europe, which wipgo at 14 percent in FY These products include Computing, Platforms and Storage, Networking Solutions, Enterprise Information Security, and software products, including databases and operating systems.
Annul Dividend Pursuant to the approval of Board of Directors on January 21,your company had distributed amnual interim dividend of Rs. The Board has received improved ratings on its overall effectiveness, including higher rating on Board communication, relationships and Board Committees.
The Wiipro, Risk and Compliance Committee periodically reviews the functioning of this mechanism. In accordance with Section 3 of the Companies Act,a statement containing salient features of the financial statements of the subsidiary companies in Form AOC-1 is provided at pages of this Annual Report. We are accordingly arranging to send the soft copies of these documents to the e-mail IDs of shareholders available with us or our depositories.