Bangalore, India - April 19, 2011:
Wipro Technologies, the global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE:WIT), announced that it has been ranked 2nd in the list of Top 25 U.S. diversity councils, by The Association of Diversity Councils, a practice group of diversity and inclusion consulting and training firm PRISM International, Inc. The rankings were announced recently and the 1st rank in this list went to the US Navy.
"This recognition by The Association of Diversity Councils is another feather in our Diversity cap. Diversity is embedded in Wipro's DNA, globally, and we imbibe the cultures of the geographies we operate in. This sense of inclusiveness nurtures a culture of greater creativity and innovation", said Pratik Kumar, Executive Vice President, Human Resources, Wipro Limited, who is also the Chairperson of the Diversity Council at Wipro.
With an employee base of about 120,000, which includes people from 74 nationalities, spread across 54 countries, Wipro Technologies is committed to leveraging diversity through effective leadership, engagement and accountability which not only improves the company’s performance but also enhances innovation. As its long term vision on Diversity and Inclusion, Wipro strives to attract and retain the best talent from a globally diverse talent pool which in turn helps to better serve customers and provides a strong competitive edge in the global market place.
Wipro’s initiatives in diversity are spread across the Employee's Life Cycle, the Support System within the organization and Governance, touching various aspects under each area that help in enhancing the life of the employee inside Wipro and outside. Wipro’s diversity initiative is built on four pillars - Gender, Nationality, People with Disabilities and Underprivileged. Under all these pillars Wipro is involved in various initiatives across its global locations that support, encourage and promote the progress of all these groups and provide them with equal employment opportunities.
Wipro's Diversity council is a 14-member 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.
"Wipro Technologies has been recognized and honored as one of the Top 25 diversity councils in the nation for 2011," said Janice E. Bowman, Practice Leader of the Association of Diversity Councils, the sponsor of the awards. "Nikki Vasser Glee, Senior Manager, Talent Engagement and Development and members of the Council at Wipro have performed outstanding work and deserve to be nationally recognized and awarded."
Linda H .Stokes, President and CEO PRISM International, Inc, the parent organization of the Association of Diversity Councils, added, "In their second year, Wipro Technologies improved from 6th to 2nd place. Their focus on creating a dynamic and powerful socio-business network led to the first diversity related Twitter based interactive conference that was open to all employees and persons outside the organization."
In its third year, the prestigious Diversity Council Honors Award™ honors the outstanding contributions and achievements of diversity council groups that lead organizational diversity processes and demonstrate results in their Workforce, Workplace and Marketplace. To qualify for the Diversity Council Honors Award™, participating council groups must have been in operation for at least two years and have demonstrated contributions and achievements in four categories: Demonstrated Council Results; Demonstrated Management Commitment; Measurement and Accountability; Communication and Education. An independent jury panel evaluated the applications.
In May this year, the 2011 Diversity Council Honors Award Survey of Findings Report will be issued and made available to all councils who applied. This report will include results and analysis of each of the 4 specific focus areas compiled from the applications of the Top 25 councils.
For more information on the Diversity Council awards and the 2011 ranking, please visit http://www.diversitycouncil.com/inspire/2011-honors-award-recipients.html
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 120,000 employees and clients across 54 countries.
For more information, please visit www.wipro.com
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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.