wipro

By Vipin Agnihotri

In my opinion, Indian capital markets are increasingly taking their cues from global markets. Generally speaking, no sector is completely insulated from the impact of a US and global slowdown, but there are obviously few sectors that are more protected as compared to others.

I found this clip from Bloomberg on the emerging India which highlights why India is going to be resilient in the face of a US slow down. Wipro's chariman chimes in and gives his opinion that Wipro's business will not be effected.

By Vipin Agnihotri

It has come into the notice of The India Street that Wipro, the Bangalore headquartered soaps to software company is working overtime to globalize its business and become yet another Indian MNC. Now that Azim Premji has laid a seemingly solid foundation for his $4 billion business, the 62 year old has the responsibility of ensuring that Wipro can metamorphose into a competitive global company.