May 30, 2008, Bangalore
Wipro Limited launched Fit for Life, a comprehensive well-being program for its employees today. The objective of the program is to evaluate and improve well-being, both physical and mental, quotient of employees as well as integrate all current well-being initiatives under one umbrella to strengthen it further.
Commenting on the initiative, Girish Paranjpe, Joint CEO and Executive Director, Wipro Limited said,
“Employee well being is of paramount importance to us. Fit for Life is yet another initiative in this direction. Companies need to have such initiatives as they will become hygiene factors in choice of employers in the future.”
Dr.Thimappa Hegde, a senior Consultant Neurosurgeon and Director, Narayana Hrudayalaya Institute of Neurosciences was the guest speaker at the launch of the event. Dr Hedge who has over 30 scientific publications and a book on Neurosciences spoke on his experience in making fitness in daily life simple. The launch event also had Sheela Krishnaswamy a renowned expert in Diet and Nutrition, Kishen Whabi, a Performance Enhancement and Corrective Exercise Specialist from PeakFitness along with Wipro’s Yoga and Aerobics instructor advising Wipro employees on Health.
Some of the initiatives to be rolled out in the coming weeks are onsite health check camps across locations, promotion of healthy habits, anti smoking awareness campaign, stress management camps, meditation and yoga, various awareness campaigns on asthma & allergy, skin care, headache disorder, alcohol and many more.
A study by PwC on well being across 32 companies globally states well being programs adopted by companies make them a more attractive place for people to work and improves employee engagement levels with the organization apart from the primary benefit of increasing well being levels among employees.
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Wipro Limited
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About Wipro Limited
Wipro Limited (NYSE:WIT) provides comprehensive IT solutions and services, including systems integration, information systems outsourcing, IT enabled services, package implementation, software application development and maintenance, and research and development services to corporations globally. Wipro Limited is the first PCMM Level 5 and SEI CMM Level 5 certified IT Services Company globally. In the Indian market, Wipro is a leader in providing IT solutions and services for the corporate segment in India offering system integration, network integration, software solutions and IT services. In the Asia Pacific and Middle East markets, Wipro provides IT solutions and services for global corporations. Wipro also has profitable presence in niche market segments of consumer products and lighting. Wipro’s ADSs are listed on the New York Stock Exchange, and its equity shares are listed in India on the Stock Exchange - Mumbai, and the National Stock Exchange.
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Forward-looking and cautionary statements
Certain statements in this release concerning our future growth prospects and our ability to successfully complete and integrate potential acquisitions 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 our ability to integrate and manage acquired IT professionals, our ability to integrate acquired assets in a cost effective and timely manner, fluctuations in earnings, our ability to manage growth, intense competition in IT services including those factors which may affect 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, , liability for damages on our service contracts, the success of the companies in which Wipro has made strategic investments, withdrawal of fiscal governmental incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, unauthorized use of our intellectual property and general economic conditions affecting our 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. Wipro 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. Wipro does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the company.