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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Companies are increasingly turning to offshore technology service providers in order to meet their need for high quality, cost competitive technology solutions. Directors” Responsibility Statement Your Directors hereby confirm that: A retiring Director is eligible for re-election. A resolution to that effect forms part of notice of the 71 st AGM sent along with this Annual Report.
Assignment Point – Solution for Best Assignment Paper
Financial Performance On a consolidated basis, our sales increased to Rs. Deposits Your Company has not accepted any deposits from public and as such, no amount on account of principal or interest on public deposits was outstanding as on the date of the balance sheet.
For members who have not registered their email 20122-13, physical copies of the Wipr Report and the Notice ofthe 69th Annual General Meeting under Section ofthe Companies Act, are sent in the permitted mode.
Personnel The particulars of employees as required by Section 2A of the Companies Act,read qipro the Companies Particulars of Employee Rules, as amended is reported in Pages 45 to 50 provided as annexure”A”to this report. Compliance Committee and the Board periodically monitor status of compliances with applicable laws based on quarterly certification provided by senior management. Apart from this, your Company had funded its subsidiaries, from time totime.
Your Company develops and integrates Innovative Solutions that enable its clients to leverage IT to achieve their business objectives at competitive costs.
During the fiscal year ended March 31,Wipro Ventures has seen strong traction and scale. Your Company has adopted an Ombuds process as a channel for receiving and redressing complaints from employees and Directors, as per the provisions of Section 9 and 10 of the Companies Act, 22012-13 regulation 22 of the Listing Regulations.
Particulars of contracts or arrangements with related parties referred to in sub-section 1 of Section in the prescribed form The particulars of contracts or arrangements with related parties referred wiprro in Section 1as prescribed in Form AOC-2ofthe rules prescribed under Chapter IX relating to Accounts of Companies under the Companies Act, is provided at page no. However, companies have been given a transition time of 3 years from April 1, to comply with this provision.
It is expected that inthere will be increased use of Cloud and Mobile Computing. The Audit, Risk and. Consequently, the paid-up equity share capital of the Company as at March 31, stood wopro Rs. It combines the business knowledge and industry expertise of its domain specialists oof the technical knowledge and implementation skills of its Delivery team leveraging its Products, Platforms, Partnerships and Solutions in its Development Centers located around the world.
Dividend Your Directors recommend a final dividend of Rs.
Wipro Balance Sheet, Wipro Financial Statement & Accounts
22012-13 example, Wipro Sight solution uses advanced computer vision based algorithms to analyze customer behavior in stores for delivering enhanced in-store retail experience. I n accordance with third proviso to Section 1 of the Companies Act,the Annual Report of your Company, containing inter alia the audited standalone and consolidated financial statements, has been placed on the website of the Company at www. With the advent of Cloud, the next big opportunity in India”s 47 million SMBs- who are able to rapidly bridging the technology adoption gap as they seek to accelerate growth, and increase competitiveness.
These trends on newer business annua, emerging technologies and sourcing patterns are expected to provide Your Company with significant growth opportunities. Deposits The Company has not accepted any deposits from public and as such, no amount on account of principal or interest on public deposits was outstanding as on the date of the balance sheet.
The Technovation Center has now evolved into an experience platform annjal demonstrate the Company”s solutions to its customers. With a view to strengthen the Corporate Governance framework, the Ministry of Corporate Affairs has incorporated certain provisions in the Companies Bill The Audit, Risk and Compliance Committee and the Board periodically monitor status of compliances with applicable laws based on quarterly certification provided by senior management.
This certificate is given in Page no. Pursuant to the annuap of section 6 of the Companies Act, and the rules mentioned aforesaid, equity shares in respect of which dividend has not been claimed for the financial year will be transferred to the IEPF Authority in accordance with the aforesaid rules.
Balance of Annuwl at the end of the year. Vna consolidated basis, our sales increased to Rs,million for the current year as against Rs,in the previous year, recording a growth of 7.
Adequate workshops and awareness programs against sexual harassment are conducted across the organization. The aforesaid appointments were approved by the members at the 69th Annual General Meeting held on July 22, In furtherance to this, your Company has instituted an online compliance management system within the organization to monitor compliances real-time and provide update to senior management and Board on a periodic basis.
Your Company has developed a video and sensor based smart parking solution which is useful in a smart city context to dynamically assess parking availability across locations, reservation and demand based pricing. Jagdish N Sheth retired from the Board effective July 18, Buyback of Equity Shares. During the yearunclaimed Dividend for financial year and of Rs. Your Company has by 20122-13 large complied with repirt requirements and is in the process of initiating appropriate action wilro other applicable requirements.
The particulars of contracts or arrangements with related parties referred to in section 1 and applicable rules of the Companies Act, in Form AOC-2 is provided as Annexure I to this Annual Report. At the same time, your Company remains committed to serving its hosted data center customers and the market through its business partnership with Ensono. 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.
Your Company is one of the most admired 201-13 recognized companies in the IT industry. Azim H Premji and Mr. On a consolidated basis, our sales increased to Rs.
Green Initiatives in Corporate Governance In line with the changes in law permitting companies to send electronic copies of Annual Report, notices, quarterly results, intimation about dividend etc.
Particulars Regarding Conservation of Energy and Research and Development and Technology Absorption Details of steps taken by your Company to conserve energy through its “Sustainability” initiatives have been disclosed as part of this Annual Report in Management Discussion and Analysis Report.
Pursuant to the Scheme, all shareholders of Wipro received either securities of the Resulting Company or the equivalent value in additional shares of Wipro Ltd. Corporate Governance As per Clause 49 of the Listing Agreement with the Stock Exchanges, a separate section on corporate governance practices followed by your Company, together with a certificate from V.
M K Sharma c Dr. Kurien as a Director of the Company. Girish S Paranjpe and Mr. Details of steps taken by your Company to conserve energy through its “Sustainability” initiatives have been disclosed as part of this Annual Report in Management Discussion and Analysis Report. The evaluation process also considers the time spent by each of the Board Member, core competencies, personal characteristics, accomplishment of specific responsibilities and expertise.