Word: wipro
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Dates: during 2000-2009
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...India's outsourcing giant WiPro (WIP) recently posted mediocre financial results, especially based on Wall St expectations. Its stock traded for $14 a little over a year ago. Recently it was as low as $5. Wall St. expects that the situation at the firm is going to get worse. The other large outsourcing operation in India, Infosys (INFY), is also doing poorly...
...large part of the training is overcoming cultural differences. "The handshake, if you are a woman, is tricky," says Geetika Verma, an instructor at Dale Carnegie Training who has previously worked at Wipro. "We tell our female students, if a man doesn't reach out to shake your hand, take the first step and shake his hand. Show confidence." Other tips include learning to address everyone by their first name, and handling networking lunches and dinners. Another significant part is developing self-confidence. "Youngsters raised in lower-middle-class families and in smaller towns, when they manage to enter good...
Infosys is one of the Big Three IT companies (along with Wipro and Tata Consultancy Services), but success is changing it. The company has doubled its workforce in the past 18 months, to about 80,000. This year alone, it will hire more than 30,000 additional employees...
...tycoons are beginning to practice Western-style philanthro-capitalism, investing money to alleviate pervasive social problems with the same rigor they apply to their businesses?and with the same insistence on measurable results. For example, the Azim Premji Foundation, funded by the billionaire head of Bangalore-based software company Wipro, is helping to reform India's education sector by implementing on-the-ground assessments of the effectiveness of teaching programs at thousands of schools in the country's Karnataka state. It's no coincidence that many of India's most innovative philanthropists come from the Bangalore tech sector, home...
...month, versus 22% of Hindus, and 30% of Muslims are illiterate, versus 19% of Hindus. Muslims make up 13% of the population, yet only 3% of government employees are Muslim. Of course, there are plenty of economic success stories among Muslims. Azim Premji, founder of the outsourcing giant Wipro Technologies, is India's richest resident. But many Muslims are alienated by the consumerism of the new India and feel excluded from the boom. According to the government's surveys, only 27% of Muslims have a salaried job compared to 43% of Hindus...