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'India's Bill Gates' to retire from IT group Wipro

Azim Premji, who started out selling cooking oil, will focus on philanthropy

Wipro Chairman Azim Premji, who built the company up into India's fourth-largest software exporter, announced his retirement on June 6. He is pictured here at the World Economic Forum.   © Reuters

MUMBAI -- The man who created one of India's leading information technology services groups, Wipro, out of a vegetable oil business said on June 6 he will retire in July.

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