World Bank blacklists Indian IT giant Wipro for term violation

12Jan09

Another dampener to the Indian IT sector after Satyam Scam. The World Bank on Sunday has taken against a total of five entities in India and blacklisted IT firms which includes Satyam Computer Services, Wipro Technologies and Megasoft. The action was initiated against these entities and individual as they were found to have “violated the fraud and corruption provisions of the Procurement Guidelines or the Consultant Guidelines,” [Image Credits] >>>READ ON->