First, it was the Satyam shocker. Now comes the news that the World Bank has barred India's third-largest software services exporter Wipro Technologies for four years.

Even though the quantum of business to Wipro from the World Bank is minuscule, the fact that it has been banned by a globally-renowned institution is considered another significant blow to the Indian IT industry.

In a discussion with Business Standard, Wipro Technologies' Joint CEO Girish Paranjape shares his views. Read on. . .

Text: Bibhu Ranjan Mishra, Business Standard

Image: Girish Paranjape, Jt CEO, Wipro Technologies (inset). | Photograph, courtesy: Wipro

Also read: Wipro did nothing wrong: Premji to employees
World Bank report: Fraud and corruption

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