Azim Premji charity ‘amazes’ with auction share sale attempt

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Azim Premji charity ‘amazes’ with auction share sale attempt

Children’s charity Azim Premji Trust is selling a stake in IT services company Wipro, using the newly-created one day auction process in India. It will be the first deal to test the format after state-owned Oil and Natural Gas Corp (ONGC) floundered on its own one day sale at the start of the month.

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