Word: wipro
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Dates: during 2000-2009
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...spenders. Brands like Reebok and Nokia are making deeper inroads than ever before. Modern malls and fast-food restaurants are proliferating among the crumbling British colonial buildings and ancient monuments that dot India's cities. "These guys are a huge consumer audience," says Raman Roy, managing director of Wipro Spectramind, one of India's largest call-center operators. "There is a fundamental economic change happening...
...force. Add the fast-growing Indian companies, especially in the service sector, and the result is that good jobs become available to anyone with a college degree. Bharti Tele-Ventures, India's largest mobile-phone service provider, has hired 1,600 customer-service staff over the past two years. Wipro Spectramind had only 200 employees at the end of 2000; now it employs...
...Satheesh, 32, an employee of Wipro, one of India's leading outsourcing companies, is among her country's new elite. She manages 38 people who work for Hewlett-Packard's enterprise-servers group doing maintenance, fixing defects and enhancing the networking software developed by HP for its clients. Her unit includes more than 300 people who work for HP, about 90 of whom were added last November when HP went through a round of cost-cutting...
...American companies have grown more familiar with their Indian outsourcing partners, they have steadily increased the complexity of work they are willing to hand over. Rajeshwari Rangarajan, 28, leads a team of seven Wipro workers enhancing the intranet site on which Lehman Brothers employees manage personal benefits like their 401(k) accounts. "I see myself growing with every project that I do here," Rangarajan says. "I really don't have any doubts about the growth of my career...
...Grindlay's Bank. At the time, Morgan's operations in India were relatively small. She engineered a joint venture with investment bank JM Financials, making the resulting firm one of the largest in that industry in India. She also aggressively pursued opportunities in technology, nabbing the accounts of Wipro and Infosys, among others, and brokered a joint venture between AT&T and two conglomerates, owned by the Birla and Tata families, to create a telecom company offering cellular service throughout India...