RIP Philo

Monday night's reading
Permalink DrPepper 
June 11th, 2018 4:52pm
Infosys established an image of impeccable rectitude, proving for the first time that an Indian company could succeed while refusing bribery and embracing financial transparency. They rejected nepotism at a time when every big Indian company was a family concern, including Wipro and TCS, Infosys’s two main competitors. TCS, which remains the largest outsourcing company in the world, is just one branch of the sprawling Tata Group, India’s biggest family conglomerate, which built its fortune in part by selling opium in China in the late-19th century and which now sells tea and trucks and steel and salt and electricity, among many other things. Wipro, another dynasty, began as an abbreviation for Western Indian Vegetable Products and specialized in cooking oil before making the unlikely shift to computer hardware. First TCS, then Wipro, then Infosys started selling a similar set of custom software services to companies abroad, and together, in the ’80s and ’90s, the three companies slowly built the field.
Permalink DrPepper 
June 11th, 2018 5:07pm

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