Financial Daily from THE HINDU group of publications
Sunday, Feb 06, 2005
Financial Daily from THE HINDU group of publications Sunday, Feb 06, 2005 |
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Management Info-Tech - Software Reports on succession plan out of context, says Premji Our Bureau
New Delhi , Feb. 5 THE Chairman of Wipro, Mr Azim Premji, said reports that he had drawn up a succession plan and had disclosed its contents to the board of directors were out of context. "It was out-of-context reporting... We are talking about a human resource review and planning process. What has that got to do with succession," Mr Premji said on Saturday, on the sidelines of a CII lecture series here. "There is a succession plan for everyone in the company," he said. Earlier, addressing the series, Mr Premji said India had become a part of the `mainstream' and the process was irreversible. "No Government can change the fundamental course of liberalisation," he said adding that even State Governments that have been Leftist are pursuing investments and enterprises.
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