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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The Board met five times during the financial year on April, June 2,July, Octoberand January Companies are increasingly turning to offshore technology service providers in order to meet their need for high quality, cost competitive technology solutions. There are no qualifications, reservations or adverse remarks made by Secretarial Auditor in his report. The innovation incubation center, Technovation Center continues to play a key role in helping customers design and conceptualise “change the business” portfolio by leveraging future of technologies, industry processes and consumer behavior.

Their dedication and competence has ensured that the Company continues to be a significant and leading player in the IT Services industry. Mar 31, I am happy to present on behalf of the Board of Directors, the 64th Directors Report for the year ended March 31,along with the Balance Sheet and Profit and Loss Account for the year. The ERM Framework covers various categories of risks including, inter alia, information security and cyber security risks, effectiveness of the controls that have been implemented to prevent such risks and continuous improvement of the systems and processes to mitigate such risks.

Your Company focuses on opportunities where it can further develop its domain expertise, specific skill sets and its Global Delivery Model to maximize service and product enhancements and higher margins. The information of Conservation of Energy as required under Section 3 m of the Companies Act, read with Companies Accounts Rules, is not applicable to the business segments which your Company operates.

The requisite notice together with necessary deposit has been received from a member pursuant to Section of the Companies Act,proposing the election of Mr Vyomesh Joshi, as a Director.

A Re-appointment Articles of Association of the Company provide that at least two- third of our Directors shall be subject to retirement by rotation. The Company has received necessary declarations from the Independent Directors stating that they meet the prescribed criteria for independence.

Directors Report of Wipro Ltd.

The Scheme became effective on March 31, with an appointed date of April 01, with the sanction relort the Honorable High Court of Karnataka and filing of the certified copy of the same with the Registrar of Companies.

Ensono has a right to repurchase up to an aggregate of 5. N Vaghul b Mr. Under this policy, your Company encourages its employees to report any reporting of fraudulent financial or other information to the stakeholders, and any conduct that results in repodt of the Company”s code of business conduct, to the management on an anonymous basis, if employees so desire.


Pressures on cost-competitiveness, an uncertain economic environment and immigration restrictions are causing clients to develop newer business models.

Therefore, no separate section on Business Responsibility Report is published. The Audit, Risk and Compliance Committee and the Board periodically monitors status of compliances with applicable laws based on quarterly certification provided by senior management.

Jagdish N Sheth and Mr. Conservation of Energy While the Company has taken several steps to conserve energy through its “Sustainability” initiatives as disclosed separately as part of this Annual Report, the information on Conservation of Energy as required under Section 1 e of the Companies Act, read with Rule 2 Para A 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.

Suresh Vaswani resigned as Board members of the company with efect from closure of business hours on January 31, Management Discussion and Analysis Report. Your Directors place on record their sincere appreciation of the valuable contribution made by the aforesaid Directors and Company Secretary to 2102-13 Company.

During the yearWipro Deport Spain S. The scheme of amalgamation will, inter alia, enable optimization of legal entity structure through rationalization of number of subsidiaries, integration of business operations dipro to operational synergies, provide your Company seamless access to the repport of the subsidiaries and also result in reduction of the multiplicity of legal and regulatory compliances.

Assignment Point – Solution for Best Assignment Paper

William Arthur Anjual g Mr. Wipro Sight, a comprehensive in-store analytics solution for the Retail and Consumer Good industry combines the power of human sight with the speed of computer vision, and enables processing and analysis of surveillance data to empower retailers with a near real-time situational awareness, enabling them to respond speedily to waiting customers, long queues, unanticipated stock-outs and similar situations.

Vna standalone basis, our sales increased to Rs,million for the current year as against Rs,million in the previous year, recording a growth of 2.

Together, your Company discovers ideas and connects the dots 2012-1 build a better and a bold new future. 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, and regulation 22 of the Listing Regulations.

Management”s Discussion and Analysis Report The Management”s Discussion and Analysis Report on Company”s performance – industry trends and other material changes with respect to the Company and its subsidiaries, wherever applicable, are presented from pages 22 to 40 of this Annual Report. If you continue without changing your settings, we’ll assume that you are happy to receive all cookies on Goodreturns website.

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 Pages 45 to 50 provided as annexure”A”to this report. Your Company has developed a smart healthcare solution called Wipro AssureCareTM which helps track medication, vital parameters and is used in elderly Care, home monitoring and clinical trials. Accordingly, your Company spent Rs.


Directors Report of Wipro Ltd. Company

All the subsidiaries of the Company are unlisted and none of them are material unlisted subsidiaries as per Clause 49 of the Listing Agreement. In terms of regulation 34 of the Listing Regulations, the Management Discussion and Analysis report on your Company”s performance, industry trends and other material 0212-13 with respect to your Company and its subsidiaries, wherever applicable, are presented from pages 24 to 64 of this Annual Report.

The Board of your Company has laid down internal financial controls to be followed by repoft Company and that such internal financial controls are adequate and operating effectively. Also, during the year ended March 31,your Company has increased its ownership in Drive stream Inc. Subsidiary Companies The Ministry of Corporate Afairs, Government of India, wopro granted a general exemption under section 8 of the Companies Act, from the requirement to attach detailed fnancial statements of each subsidiary.

Annual Report of Wipro Limited – Assignment Point

The acquisition is subject to customary closing conditions and regulatory approvals. Premji Bangalore, June 25, Chairman.

Kurien as a Director of the Company. Conservation of Energy The Company has taken several steps to conserve energy through its”Sustainability” initiatives as disclosed separately as part of this Annual Report.

Ireena Vittal was appointed as an Independent Director to hold office up to September 30, Related Party Transactions 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. Pursuant to provisions of section 12 of the Companies Act,the Statutory Auditors have not reported any incident of fraud to the Audit, Risk and Compliance Committee during the year under review.

Girish S Paranjpe and Mr. Please see the financial statements sections for further information.

B Re-appointment Articles of Association of the Company provide that at least two- third of our Directors shall be subject to retirement by rotation. Pursuant to the provisions of the Companies Act, and the Listing Regulations, the Board is required to monitor and review the Board evaluation framework. Your Company is investing in developing solutions and services around multiple advanced technology areas commercial wearables, smart robotics, autonomous vehicles, augmented reality, virtual reality, etc.

Appropriations to general reserve for the financial year ended March 31, as per standalone and consolidated financial statements are as under:.