After Satyam: Is Wipro Next?

January 12, 2009 at 8:44 pm

The fall of Satyam was supposed to have created a big opportunity for Wipro. The Indian outsourcing powerhouse, a member of India’s Big Three (along with Infosys and TCS), might be well-positioned to scoop up customers defecting from scandal-plagued Satyam. Wipro still might do that. But today the news is not good. Wipro’s stock plunged, down over 9% after the company revealed it, like its beleaguered rival Satyam, was on a World Bank blacklist, barred from doing any business with it for several years (B. Einhorn on January 12 BusinessWeek, January 12, 2008). Read full article

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Entry filed under: Asia, India.

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Travel with the Northern Kentucky Chamber in 2012

Peru - August 12-20, 2012
To learn more about the program, please email Kyle Horseman or call 859.426.3653.

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