Read the case given below and answer the questions given at the end.

CASE STUDY – I

Dotcom days

March 2000, Dotcom days. CEOs are chucking their jobs in hordes to become entrepreneurs. So much so that such CEO-toentrepreneur stories are hardly news' anymore. Yet... a handful of journalists huddle together in a small room at the Oberoi in Delhi for an early morning press conference. The story is the same: A company's CEO quits his cushy job to start his own outfit; venture capitalists back him; some prominent names on the Board; high hopes; tall projections..

QUESTIONS
1. Why has the crash of dotcoms and the economic slowdown in the US hit India's software firms badly ?
2. How can Wipro help in leveraging Daksh and EXL?
3. Can Wipro fulfil the BPO requirements for Spectramind, which can feature as a natural choice of a vendor?