Wipro Technologies too on the World Bank BAN list

Wipro Technologies too on the World Bank BAN list
Satyam was not the only company to feature on the World Bank ban list.
Wipro Technologies is another major Indian IT company to feature on the list.
Wipro was added on the ban list in 2007.
The reasons are same. Wipro officials are said to be guilty [...]

Wipro Technologies to buy IT arm of Citigroup in India

Wipro Technologies to buy IT arm of Citigroup in India
Wipro Technologies has announced that they are acquiring the IT arm of Citigroup in India for around $127 million.
The company said that this deal would bring the company massive contracts in the coming years.
Wipro is acquiring Citi Technology Services in an all-cash transaction.
The deal [...]

Wipro getting into Retail segment in India?

Wipro getting into Retail segment in India?
Wipro promoter Azim Premji has acquired a 10 per cent stake in Indian retailing giant Subhiksha.
The deal is worth around Rs. 230 crores.
He picked up this stake through his personal investment entity Zash Investments.
This stake was acquired from ICICI Ventures.
Premji also hold minor stakes in other retailing companies including [...]

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