<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/aca2a49a-c4c9-45a9-86da-032dcffc54c2/9322D8E4-EFF4-4F95-AE0D-11AEC13435D6/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://epaper.timesofindia.com/Default/Layout/Includes/pastissues2/ArtWin.asp?From=Archive&Source=Page&Skin=pastissues2&BaseHref=TOIKM%2F2009%2F01%2F13&ViewMode=HTML&GZ=T&PageLabel=1&EntityId=Ar00102&AppName=2" href="http://epaper.timesofindia.com/Default/Layout/Includes/pastissues2/ArtWin.asp?From=Archive&Source=Page&Skin=pastissues2&BaseHref=TOIKM%2F2009%2F01%2F13&ViewMode=HTML&GZ=T&PageLabel=1&EntityId=Ar00102&AppName=2" style="font-size: 11px;">epaper.timesofindia.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://epaper.timesofindia.com/Default/Layout/Includes/pastissues2/ArtWin.asp?From=Archive&Source=Page&Skin=pastissues2&BaseHref=TOIKM%2F2009%2F01%2F13&ViewMode=HTML&GZ=T&PageLabel=1&EntityId=Ar00102&AppName=2"><SPAN>Bangalore: The grim environment in the IT industry turned grimmer on Monday with Wipro Technologies disclosing that in June 2007, the World Bank had banned it from bidding for its contracts till 2011 because the company had offered shares to the bank’s employees during its US IPO in 2000 which the bank termed ‘‘improper benefits’’. <BR />    The disclosure, which pushed Wipro stocks down nearly 10% on the Bombay Stock Exchange, came after the World Bank decided to publish names of all companies that it had barred from contracts. Last month, </SPAN></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/9322D8E4-EFF4-4F95-AE0D-11AEC13435D6/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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