Azim Premji, who transformed the cooking oil company his father started in 1945 into a $25 billion (Rs 1.8 lakh crore) IT powerhouse, will retire as executive chairman on July 30. Premji will be succeeded by his elder son, Rishad Premji, a Harvard Business School and London School of Economics graduate, who joined the firm in 2007.from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2KCrBXb
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