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  • Wipro Preceded Satyam on World Bank's IT Blacklist

    By Patrick Thibodeau | 21 January, 2009 02:15

    In 2000, IT services firm Wipro Technologies gave senior IT staffers at The World Bank Group a chance to buy stock in parent company Wipro Ltd. under a family-and-friends program, as part of an IPO in the U.S. Bank employees bought about 1,750 shares, paying a total of $72,000.

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