French minister slams Wipro over office closure plan | business | Hindustan Times
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French minister slams Wipro over office closure plan

French Industry Minister Christian Estrosi criticised directors of IT major Wipro Ltd for considering a closure of an office in France after the Indian company took a tax credit from the government.

business Updated: Sep 18, 2009 21:24 IST
Bloomberg

French Industry Minister Christian Estrosi criticised directors of IT major Wipro Ltd for considering a closure of an office in France after the Indian company took a tax credit from the government.

In an e-mailed statement, Estrosi slammed the software company’s plan to close an office in Sophia Antipolis, in southern France, after taking a 5 million-euro ($7.35 million) research tax credit from the government.

It is “unacceptable for these measures to be twisted”, he said, adding that he has asked the company to prove within 15 days that “they are not bosses without scruples.”

Wipro’s Austria-based NewLogic Technologies GmbH subsidiary operates the development centre in Sophia Antipolis, which specialises in wireless communications systems, according to NewLogic’s Web site. The facility has about 60 employees.

The Hindu newspaper group’s Business Line reported on September 4 that Wipro had started consultations with local employees on a possible closure.

An e-mail message to Wipro’s country head in France and phone calls to two spokespeople in London were not immediately returned.

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