Indian IT services provider Wipro Technologies has successfully convinced Australia-based Origin Energy about the conditions under which the World Bank banned the company. The bank charged Wipro with offering improper benefits to the bank employees. Wipro’s spokesperson stated that the company provided all the details required by Origin over the four-year ban imposed recently by the World Bank.
In October 2008, Origin Energy had selected Wipro as a preferred IT partner for an ongoing project to transform the former’s retail business operations. As per the 10-year contract, Wipro is expected to supply consolidated billing for gas and electricity to Origin's 3 million customers, based on the SAP software platform. The complex project was set to kick off in May, with implementation in two years. Under the contract, some Origin IT staff would be employed by Wipro.Wipro's other Australian customers include ANZ Bank, Telstra, Axa, Cadbury's, and Hutchison.
The World Bank slapped a four-year ban on Wipro in June 2007 for providing improper benefits to bank staff. The bank made the disclosure few days ago. Suresh Senapaty, Wipro's global chief financial officer, said the shares offered to World Bank senior executives were in line with financial regulations and the company had nothing to hide.
In October 2008, Origin Energy had selected Wipro as a preferred IT partner for an ongoing project to transform the former’s retail business operations. As per the 10-year contract, Wipro is expected to supply consolidated billing for gas and electricity to Origin's 3 million customers, based on the SAP software platform. The complex project was set to kick off in May, with implementation in two years. Under the contract, some Origin IT staff would be employed by Wipro.Wipro's other Australian customers include ANZ Bank, Telstra, Axa, Cadbury's, and Hutchison.
The World Bank slapped a four-year ban on Wipro in June 2007 for providing improper benefits to bank staff. The bank made the disclosure few days ago. Suresh Senapaty, Wipro's global chief financial officer, said the shares offered to World Bank senior executives were in line with financial regulations and the company had nothing to hide.
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