WIPRO Full Form| What is WIPRO:Most Successful Company In India?

 WIPRO Full Form

WIPRO Full Form-What is WIPRO?The Most Successful Company In India:  WIPRO is an Indian multinational corporation that provides information technology, consulting and business process services.

WIPRO Full Form

Western India Products


Wipro Limited, founded in 1970, has played an integral role in the growth of India's IT industry and has been ranked as the country's most successful company in the field of Information Technology by Fortune India 500 . Wipro was founded by Azim Premji who started off with two employees – Navin Nischal and Azim Premji – in a two-bedroom apartment in Bengaluru, India. Wipro subsequently began to perform at the second-tier and during its initial years, it focused primarily on manufacturing ICI (acronym for Indian Chemicals and Fertilizers). In 1982, the company decided to expand into the IT industry and established its first development centre in Pune. As a pioneering IT company in India, Wipro started off in manufacturing and testing.

Wipro is the second largest information technology services company in India with revenue exceeding $2 billion per year. Its clients include giants such as Unilever, IBM, Pepsi, and Samsung. It has more than 141,000 employees and a presence in 58 countries. Beyond the tech industry, Wipro provides services to the banking and financial sector, retail and manufacturing industries, government entities, energy and utilities, pharmaceuticals, and telecommunications. It has developed technology solutions in domains as diverse as chemicals and production, consumer products, fast moving consumer goods, insurance, pharma, life sciences, media, entertainment and communications.

Below down are some key points:
1. Global success in the outsourcing business Source: ZDNet

2. Recognized market position in IT Source: The Economic Times

3. Highly automated operation Source: Indian Express

4. Using legacy IT technologies Source: Investor Presentation

5. Learning from mistakes Source: Investor Presentation

6. Strong growth in IT outsourcing business Source: Investor Presentation

7. Strong cash flow Source: Investor Presentation

8. Large global presence Source: Investor Presentation

9. Ability to innovate Source: Investor Presentation

10. The Wipro Badge Source: Investor Presentation

Yes, India is the emerging market which holds incredible growth opportunities. So, it's all about the best opportunities, right? But is it that easy? Not for every business and certainly not for every country. For instance, one of the challenges is to find the right partners, especially in the IT industry. With the rising of Indian economy and the desire to have access to world class IT services, Indian companies are seeking out and strengthening their partnerships with foreign companies and investing in foreign companies to get access to the latest technologies. Thus, in order to ensure that the Indian companies can manage their business in a competitive environment, they need a strong IT partner, and that partner should be a global giant.

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BKU Full Form| What is BKU-Kisan Union?

BKU Full Form

BKU Full Form-What is a BKU? BKU is a farmer’s representative organisation in India. It was founded by Chaudhary Charan Singh from the Punjab Khetibari Union which became its Punjab branch.

BKU Full Form

Bharatiya Kisan Union

FAQs About BKU

The primary function of the BKU is the payment of dues of farmers. It is mandated under the Punjab Agricultural Procurement Rules for farmers to pay an amount of Rs 10 per quintal to the BKU, which in turn is required to deposit the money to the bank. In case the procurement price is less than the market rate, the BKU can demand an extra amount as a subsidy, usually for 15 to 25 per cent above the amount of the market price. This is called the differential subsidy. The BKU works in the procurement department of the state government and ensures the sale of procured commodities through the mandi system. It also assesses the state of procurement and sale of crops. What are the charges levied by the union? The BKU members are assigned to work in the procurement department in the district.

BKU has helped farmers by buying produce directly from farmers, reaching out to government for subsidised produce and signing cooperative contracts that guarantee a minimum income to farmers. Its labour wing provides contract labour for various projects for free. BKU is also fighting illegal mining in different parts of India. What kind of issues does the union deal with? The BKU plays an important role in negotiating minimum support prices (MSPs) for agricultural produce, provision of loan waiver for farmers, electricity connections to farmers, and employment of more than 5 lakh people. Besides, BKU also brings down vegetable prices during festivals, announces blockades when farmers demand action against builders or traders if they fail to pay "looter" or "fraud" money to them.

There is an urgent need for farmers to have a say in the policy making of the country. A BJP government came to power after more than 50 years and for it to be able to deliver a good harvest, farmers need a powerful voice in the government. Farmers are also aware of the adverse effects of the proposed bill in the Delhi assembly. Unless farmers have a stronger voice in the government, there will be little they can do to oppose such ill-planned policies. Also Read | PNB scam: With Nirav Modi out of country, bank fraud accused Mehul Choksi shifted to India A recent union survey conducted by the union shows a decline in the financial health of farmers in the past few years.