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| Reading Raju's mind | 20-NOV-09 |
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| On January 7, Ramalinga Raju confessed to his monumental fraud. He had, Raju said in a letter to the stock exchanges, cooked Satyam’s books for seven long years — revenue, profit, bank balance et al. Raju was soon arrested and put in the Chanchalguda prison. The Union government swung into action. A board was appointed to manage the affairs of the company. In a matter of months, Satyam was sold to Tech Mahindra. |
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| Wipro's Infocrossing inks deal with Cliffs | 19-NOV-09 |
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| Infocrossing, a company acquired by IT firm Wipro, has entered into a multi-year agreement to provide infrastructure services to Cliffs Natural Resources Inc, an international mining and natural resources company. |
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| Wipro Receives First Ever Teradata Partner Impact Award | 18-NOV-09 |
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| Teradata Corporation (NYSE: TDC), the world’s largest company solely focused on data warehousing and enterprise analytics, awarded Wipro the Teradata Partner Impact Award in the “APAC Emerging Markets SI Partner” category at its 24th annual Teradata Partners User Group Conference & Expo, held recently at the Gaylord National Resort and Conference Center in Washington, DC . The award expresses appreciation for the outstanding level of commitment in their dedicated Teradata Centre of Excellence (CoE) at Wipro campus in Bangalore and generation of joint customer wins. |
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| Markets slip into the red | 18-NOV-09 |
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| The Sensex is now trading at 17,002, weaker by 48 points and the Nifty is at 5,053, lower by 9 points. |
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| Wipro: Strengthening Yardley | 17-NOV-09 |
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| With the acquisition of the Asia, Asia-Pacific and North Africa businesses of Yardley from the UK-based Lornamead Group, Wipro Consumer Care and Lighting (WCCL), Wipro’s FMCG arm, is ready to fast-track its business which contributes around 8 per cent to the overall revenue. It forked out $45.5 million (around Rs 210 crore) for the assets, which is a little over twice their annual revenue. |
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| Wipro to recruit experienced hands | 11-NOV-09 |
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| With an increase in business, India’s third-largest IT services company Wipro is holding recruitment drives to hire experienced IT professionals (termed lateral hiring) across the country. |
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| Wipro eyes buys in BPO space | 11-NOV-09 |
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| India’s third-largest IT services company Wipro Technologies is eyeing acquisitions in the business process outsourcing (BPO) space as it expects the sector to drive the growth for the IT industry. |
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| State aims to revive IT sector with event | 11-NOV-09 |
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| The twelfth edition of Asia’s premier ICT event, Bangalore IT.Biz 2009 is all set to begin here tomorrow. Union Minister of State for Information Technology and Communications Gurudas Kamat would inaugurate the three-day event, which will be presided over by Chief Minister B S Yeddyurappa. |
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