WIPRO TECHNOLOGIES

Their focus was on acquisitions in FY07. Ready for the big game?

From a modest peanut oil business to one of India’s largest Technology Service Companies, Wipro has come a long way. Headed by one of India’s greatest entrepreneurs – Azim Premji, Wipro is India’s third largest software firm. Over the past four fiscal years, Wipro has nearly tripled income and registered itself in the prestigious $3 billion club and its employee base has also tripled to around 65,000. The company hires a staggering three persons every working hour! In what is described as its ‘String of Pearls’ strategy, Wipro has embarked on an acquisition spree in different regions to gain access to new markets. Some of the major acquisitions include Austria’s NewLogic, USA’s MPower, Quantech Group and the latest being Enabler in Portugal.

Interestingly, the company does not disclose its 400 strong client-list, which includes publicly known clients like Nokia, GE, ABN Amro, among others. Azim Premji sums it up saying, “Our investments and focus on enhancing value to our customers and stake holders have paid off. We see new challenges and exciting opportunities ahead. We believe that we have the right ingredients in place to keep winning.” Need one say more?

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Source:- IIPM Editorial, 2008
An IIPM and Management Guru Prof.Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank

The Sunday Indian

The mar(s)tian hotelier

Rachna NARANG... the gourmet queen now has ‘designs’ on the global hospitality sector

Born with a silver spoon in her mouth to the famous hotelier Narang family, Rachna Narang never thought that she would step into the business world. But coaxed by her brother Sanjay, she did and is today sitting perched as Director of International division in MARS Group. A Cornell University Graduate in liberal arts, her 16 years experience in conceptualising, designing and operating chains restaurants, has enabled successes like Croissants et al (a bakery outlet chain) to rest snugly under her belt.

Says Shitij Deopujari, Manager, Intercontinental Hotels: “Rachna Narang has excelled in the hospitality industry.” Today the brother sister duo are proud owners of the Mars Group, with a virtual smorgasbord of restaurants, boutique hotels, leisure clubs and airline catering brands.

Within the group, Rachna heads the in-house design team, responsible for the look of each outlet. From designing crockery to writing out details in the menu card, she does it all. Mars plans to invest over Rs.1 billion & has a target of a turnover of Rs.1.5 billion this financial year. Flying high with accomplishments, here’s one lady who will never say that only the ‘Men are from Mars’. She’s virtually sitting in Mars and holding the sceptre over the gastronomic cravings of millions...

For Complete IIPM Article, Click here
Source: IIPM Editorial, 2008
An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

IIPM Arindam Chaudhuri 4Ps Business & Marketing Business & Economy Kkoooljobs Planman Media Planman Consulting Planman Marcom Planman Technologies Planman Financial Planman Motion Pictures GIDF The Daily Indian IIPM Think Tank

The Sunday Indian