Bangalore, India - March 07, 2012: Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) on the occasion of International Women's Day has joined forces with Catalyst, a leading non-profit membership organization that expands opportunities for women and business, as a founding member in India.
Sunita Cherian, Vice President-Human Resources & Head of Gender Diversity, Wipro said, "Women constitute 30% of the total talent at Wipro, today. Our focus is to support them to grow into leadership roles. We believe that good demographic diversity at every level of the organization would help Wipro be a creative, flexible and productive organization and reflect the diversity of a global environment. Our Catalyst membership reaffirms our commitment towards creating an inclusive environment within the organization. We currently run structured programs which focus on providing women the exposure, flexibility and empowerment across the various life-stages that they go through; creating more opportunity for women managers at senior levels and fostering a culture in which all employees are encouraged to achieve their full potential. The research and advice provided by Catalyst will further accelerate these initiatives and serve as a great platform for the Women of Wipro to excel in their careers."
She added, "As a part of Wipro's 'International Women's Day' celebrations, we have also launched three new employee initiatives on the theme of 'Empowering Girls'. We hope that the program, which will be run internally for employees, will help participants relate better with the challenges faced by women in society and raise awareness levels within the organization."
Wipro has extensive programs that promote the growth of women in the organization such as 'Women in Leadership', 'Mentoring for Success' and the 'Women of Wipro' (WoW) Speaker Series. Wipro has a Sustainability Council Formed with the objective of creating a dynamic and powerful 'socio-business network' which fosters a sensitive and equal-opportunity environment that allows every individual to realize their fullest potential. The Catalyst membership will provide Wipro with a number of benefits like tools, access to thought leadership and research information, exchange of ideas with a peer group and other resources so as to assist in building, measuring, and sustaining successful diversity and inclusion initiatives.
About Wipro Technologies
Wipro Technologies, the global IT business of Wipro Limited (NYSE:WIT) is a leading Information Technology, Consulting and Outsourcing company, that delivers solutions to enable its clients do business better. Wipro Technologies delivers winning business outcomes through its deep industry experience and a 360 degree view of "Business through Technology" - helping clients create successful and adaptive businesses. A company recognized globally for its comprehensive portfolio of services, a practitioner's approach to delivering innovation and an organization wide commitment to sustainability, Wipro Technologies has 131,000 employees and clients across 54 countries. For more information, please visit www.wipro.com
Founded in 1962, Catalyst is the leading nonprofit membership organization expanding opportunities for women and business. With offices in the United States, Canada, Europe, and
India, and more than 500 preeminent corporations as members, Catalyst is the trusted resource for research, information, and advice about women at work. Catalyst annually honors exemplary organizational initiatives that promote women's advancement with the Catalyst Award.
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Forward-looking and Cautionary Statements
Certain statements in this release concerning our future growth prospects are forward-looking statements, which involve a number of risks, and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in our earnings, revenue and profits, our ability to generate and manage growth, intense competition in IT services, our ability to maintain our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, the success of the companies in which we make strategic investments, withdrawal of fiscal governmental incentives, political instability, war, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property, and general economic conditions affecting our business and industry. Additional risks that could affect our future operating results are more fully described in our filings with the United States Securities and Exchange Commission. These filings are available at www.sec.gov. We may, from time to time, make additional written and oral forward-looking statements, including statements contained in the company's filings with the Securities and Exchange Commission and our reports to shareholders. We do not undertake to update any forward-looking statement that may be made from time to time by us or on our behalf.