World Bank bans Indian companies Wipro and Megasoft
January 13th, 2009 by The Online Reporter
No doubt, India is one of those countries where IT sector boosted very rapidly, but it seems that now the downfall period has been started and World Bank blacklisted two more Indian companies and declared to have no more deals with them for next 4 years.
The names of these two companies are Wipro Technologies the third biggest indian software house, and a subsidiary of technology outfit Megasoft India. The allegation against these companies is improper payments. Wipro is accused of Read the rest of this entry »
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