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DEC. 17, 2006
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Placements Aplenty
It's raining opportunities this year at the summer placements of management colleges. Global investment banks, consulting firms, etc., all are lining up to hire the best brains. Intern stipends too varied, depending on the location and jobs offered. For interns based in India, stipends for the two-month stint ranged from Rs 90,000 to Rs 4.5 lakh. International stipends ranged from $12,000 to $22,000. A look at the job mart.


New Games Biz
What are young, urban Indians playing? Computer and internet games are finding growing numbers of takers. With Xbox and other gaming consoles entering many Indian homes, the rules of entertainment are surely changing. There are a variety of game titles now available-including racing, sports, action and adventure. A guide for gaming enthusiasts.
More Net Specials

Business Today,  December 3, 2006

 
 
Wipro For Dummies

Wipro as a proxy for Indian IT is not a bad idea. It's the execution that disappoints.

BANGALORE TIGER
By Steve Hamm
Tata McGraw-Hill
Pp: 329
Price: Rs 299

Although the success of the Indian IT industry has been well chronicled, there is little by way of in-depth case studies on individual companies. For instance, while everybody knows how seven friends came together to launch Infosys, few outsiders know of the exact dynamics between them or how the seed capital of Rs 10,000 was actually raised (there are many conflicting versions available). So Bangalore Tiger, even with its rather lengthy and pompous subtitle of 'How Indian Tech Upstart Wipro is Rewriting the Rules of Global Competition', is a welcome addition. Written by Steve Hamm, a Senior Writer with American magazine BusinessWeek, the book is, however, one disappointing read. But why did Hamm decide to use Wipro as a proxy for the Indian it industry? After all, TCS is larger and Infosys more profitable. In his defense, the author says that Infosys did not cooperate and TCS has interests in McGraw-Hill, the book's publisher. So Wipro it had to be.

No problem. Wipro is without doubt an interesting company and has a compelling story to share, as this reviewer can attest, having covered the company for nearly a decade. The soaps-to-software giant and, even more so, its media-shy Chairman Azim Hasham Premji make rich material for a good book. Hamm, however, fails to provide even a single new insight into either the workings of the company or what drives Premji. Besides stating well-known facts such as how a young Premji had to abruptly return home from Stanford after his father's untimely demise, Hamm does not provide any original anecdotes. Although written like a reporter's story, the book has several blind spots, making it look like a project commissioned by the company's pr department. There are no comparisons of Wipro's strengths (and weaknesses) with those of its competitors. While Hamm goes on and on about Premji's aversion to company politics (largely true), he does not ask why is it that anyone seen as a #2 to Premji doesn't last long enough.

Some ex-Wiproites such as Sridhar Mitta, Subroto Bagchi, Vivek Paul and Ashok Soota make cameo appearances in the book, but there has been no effort to get insights of people like P.S. Pai, Arun Thiagarajan, D.A. Prasanna (all former Vice Chairmen) or from the Wipro alumni. Even some of Wipro's mis-steps, like its failure in finance business through Wipro Finance, barely find a mention. Similarly, the successes the company has had in areas like outsourced R&D and chip design haven't been drawn out well enough. For somebody looking to get a general idea of Wipro, Bangalore Tiger is a passable, but difficult, read. For those who have been following Wipro and the Indian tech sector, it is a big disappointment.


THE PERFECT THING
By Steven Levy
Simon & Schuster
Pp: 284
Price: Rs 905

No other product has met with such resounding success as has Apple's iPod. By the end of 2006, Apple had sold nearly 68 million units of some version or other of its sleek, small and sexy little MP3 player. Its runaway success ever since it was launched in 2001 took even Apple by surprise-no one expected iPod sales (and sales of songs off iTunes, the iPod's complementary online store) to account for nearly 60 per cent of Apple's revenues.

Steven Levy, a senior editor at Newsweek and its chief technology correspondent, a longtime Apple tracker, is a self-confessed iPod-head and The Perfect Thing is a definitive book on the white (also black and now red!) gadget that has changed forever the way people listen to and store music. Levy traces the heady journey of how the iPod became an instant hit soon after its low-key launch just weeks after the 9/11 attacks. His book, formatted in iPod's trademark 'shuffle' style (you can read the 11 chapters in any sequence), takes you not only behind the scenes at Apple but also gives you a peek at the cultural phenomenon its wonder gizmo has become. "The iPod," writes Levy, is a pebble with tsunami-sized cultural ripples." A gush but one that's backed by reason.

 

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