The World Bank on Monday made public the names of all debarred companies which cannot receive direct contracts from the Bank.

The list includes three major Indian IT firms, Satyam, Wipro and Megasoft.

Wipro, 3rd largest Indian software export firm, banned for a period of four years from 2007 to 2011.

Wipro shares plunged 10 percent and Megasoft down 8 percent after the announcement.