The World Bank said on Sunday it plans to publish the names of all companies it bars from receiving Bank contracts, and named three Indian firms.

According to reports, this change has been made in the interest of fairness and transparency.

There are currently three companies that (have) been debarred along with their affiliates under the Bank group's corporate procurement program, the Bank said in a statement.

It said it had barred IT company Satyam Computer Services for eight years in September 2008 and Wipro Technologies for four years since June 2007 for improper benefits to bank staff.

It said it also barred India's Megasoft Consultants for four years in December 2007 for participating in a joint venture with Bank staff while conducting business with the Bank.

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