Word: wipro
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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...
...Bangalore going bust? Not necessarily. But the competition has forced India's outsourcing giants to look for workers beyond its borders. Infosys, Wipro and TCS have all built outsourcing campuses in China and are actively recruiting Chinese employees to serve North Asian markets. Infosys has gone one step further by hiring 300 Americans who recently graduated from top universities. They will undergo six months of training in India and then be redeployed around the world. Wipro is considering opening a campus in Vietnam and plans to hire 1,000 bilingual speakers at a new center in Romania to service European...
...what's the word to describe someone whose job is outsourced to Romania via India? Wipro's Lilian Jessie Paul likes globombed. Sudip Banerjee, president of enterprise solutions at Wipro, prefers flattened, with a nod to Thomas Friedman, author of the globalization bible The World Is Flat. Says Banerjee: "The jobs will go to those who can do them best, in the most cost-effective manner. Geography is irrelevant." That's something Indians are starting to learn...