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Wipro actively looking at overseas acquisition

Outsourcing major Wipro is actively looking at overseas acquisitions, a top company official said in Kolkata on Wednesday.

business Updated: Aug 05, 2009 19:25 IST

Outsourcing major Wipro is actively looking at overseas acquisitions, a top company official said in Kolkata on Wednesday.

"As far as acquisition is concerned, we are already active in that area and we will continue to remain active. Our focus will remain on most emerging economies - it could be Asia Pacific, Middle East or Australia," said Wipro executive director and chief financial officer Suresh Senapaty.

"It should at least be a $30-million company," Senapaty told reporters on the sidelines of a seminar organised by the Confederation of Indian Industry (CII).

Regarding the company's plans on recruitment this year, he said hiring had to match demand generation. "As and when demand comes in, we can see hiring."

Talking on the plans of the company in pursuing Rs.2,500-crore outsourcing contract from Indian Railways, Senapaty said: "Government is focus area for us."

Incidentally, Tata Consultancy Services is also eyeing the contract.

The railway ministry plans to procure a human resources management system and other modules for integrating and automating its payroll, accounting and pension functions.
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Kasab wants someone to tie him a rakhi --- india don't miss --- nits

Mumbai, Aug 5 (IANS) Mohammed Ajmal Amir Kasab - accused in the 26/11 Mumbai terror attacks - expressed a desire for somebody to tie him a 'rakhi' on the occasion of the Indian festival of Raksha Bandhan Wednesday, his lawyer said.

"He expressed his desire after he saw several people in court sporting colourful 'rakhis' during the day's proceedings," his government-appointed lawyer S.G. Abbas Kazmi told mediapersons.

Taken aback by the request, Kazmi informed him that if any woman considered Kasab as her brother, she could tie a rakhi on his wrist.

Later, Kazmi also explained to Kasab the meaning and importance of Raksha Bandhan, which symbolises the love and protective bond between brothers and sisters.

Kasab is being tried at a special court here for the 26/11 Mumbai terror attacks, in which at least 170 people were killed. He is the lone survivor among the 10 Pakistan-based terrorists involved in the strike.