BNET Industries
Last Fiscal Year Sales:$1.9B
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Dow Jones Description
HCL Technologies Ltd. (HCL) is one of India's leading global IT Services companies, providing software-led IT solutions, remote infrastructure management services and BPO. Having made a foray into the global IT landscape in 1999 after its IPO, HCL Technologies focuses on Transformational Outsourcing, working with clients in areas that impact and re-define the core of their business. The company leverages an extensive global offshore infrastructure and its global network of offices in 18 countries to deliver solutions across select verticals including Financial Services, Retail & Consumer, Life Sciences & Healthcare, Hi-Tech & Manufacturing, Telecom and Media & Entertainment.
Chairman & CEO, HCL Infosystems
Ajai ChowdhryNumber of Employees 50,000
Peer Companies
NAICS Code Computer Systems Design Services: 541512
Recent Events
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HCL Technologies and Savvion Announce Global Alliance
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UK's Equitable Life Signs HCL for $200m Engagement
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HCL Technologies Signs Deal With Equitable Life for $200 Million**
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Indian Market Seen Weaker
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HCL Announces Strategic Partnership With Software Provider Ubiquiti
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HCL Technologies Launches Window Migration Services
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HCL Technologies Launches Windows 7 Migration Services
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HCL Technologies launches Window 7 Migration Services
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Stocks to watch: Vishal Retail, Binani Cement, SCI, Premier Explosives, Sasken Communications, HCL, Ispat
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HCL reports 25.8 percent year-on-year revenue growth in Q1
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Infosys to acquire in Japan, Germany
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HCL to hire 2k pros to serve new customers
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HCL Tech Inks 5-Year IT Infrastructure Management Contract With Oncor, Energy Future
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HCL partners with New Zealand's Optimation
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Fortis Healthcare signs outsourcing deal with HCL Technologies
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HSBC puts 'Overweight' rating on HCL Technologies
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Stocks to watch: HCL Tech, Lanco Infra, Ranbaxy, Bharti Airtel, NTPC, Suven Life Sciences
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HCL Chief Says Taxes May Harm Tech
News & Analysis
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hcl technologies - All News and Analysis
Boeing, IISc, Wipro and HCL to develop network technology for aerospace use.
M2 PRESSWIRE-30 January 2008-The Boeing Company: Boeing, IISc, Wipro and HCL to develop network technology for aerospace useC1994-2008 M2 COMMUNICATIONS LTD RDATE:29012008 NEW DELHI -- Boeing [NYSE: BA] has entered into an agreement with the Indian Institute of Science...
New Research by Independent Sourcing Advisory Firm Indicates "Asset-Light Model Provides Better Supplier/Buyer Alignment"
Report corroborates HCL ISD's co-sourcing remote infrastructure management RIM model; Predicts robust growth for the RIM Industry SUNNYVALE, Calif. -- The latest report from Everest Research Institute, the research arm of Global Sourcing advisory firm Everest Group, predicts robust growth for the Infrastructure Management Outsourcing IMO market and hails...
HCL Tech Q3 Revenues up 44% and Net Income up 76%
LTM revenues reach US$ 1.27 billion; Employee headcount crosses 40,000 SUNNYVALE, Calif. and NOIDA, India -- HCL Technologies: Highlights for the Quarter (US$) * Revenues at US$ 362.4 mn; up 44.1% YoY and 9.5% sequentially * Last Twelve Months LTM revenues at US$ 1.27 bn ...
Smiths Aerospace
Smiths Aerospace has officially opened a Development Centre in Chennai, India with partner HCL Technologies. The development centre is the result of an agreement between Smiths Aerospace and HCL Technologies that was signed on December 20, 2006. Under the agreement HCL will provide the resources and management at the centre...
The development spectrum flickers.
Byline: Debasish Roy Dec. 15--Indian software development for avionics and other high-end applications are yet to be outsourced to small players like UPTEC. It is the lack of systems and processes and the lack of that substantial component called management words of Peter Drucker,...
HCL Successfully Integrates HCL Wi-Express Solution With Wavesat's Platform to Develop DragonMAX BSMX-35 for WITELCOM AS
HCL Wi-Express has Helped WITELCOM to Develop Embeddable WiMAX Base Station - an Affordable, High-Quality Product Ideal for WiMAX Deployments SUNNYVALE, Calif. -- HCL Technologies Ltd. eIuHCLeIN, IndiaeIUs leading global IT services company today announced that its HCL Wi-Express solution has been successfully integrated with WavesateIUs platform to develop...
Business News
The Airport CircusThere's only one way to straighten out the mess in airport privatisation, and that is to call in fresh bids all over again.KumarkaushalamExactly a day after this magazine goes to press, the empowered Group of Ministers EGOM, headed by Union Defence Minister Pranab Mukherjee, will meet in Delhi...
HCL seals $335m outsourcing deal with UK co.
Jan. 20--NEW DELHI -- The outsourcing pie is getting bigger for Indian software majors. HCL Technologies is learnt to have bagged India's largest IT outsourcing deal so far. At $335m (Rs 1,500 crore) spread over five years, it betters the previous record of $260m set by...
AEGON Netherlands partners with HCL in offshore deal.
M2 PRESSWIRE-21 November 2005-HCL Technologies: AEGON Netherlands partners with HCL in offshore dealC1994-2005 M2 COMMUNICATIONS LTD RDATE:23112005 London UK, November, Indian IT services provider HCL Technologies today signed an offshore IT frame agreementwith leading insurance group AEGON Netherlands. The contract is...
Gilat Provides Hub and SkyEdge IP VSATs to HCL Comnet in India
PETAH TIKVA, Israel -- Gilat Satellite Networks Ltd. (Nasdaq:GILTF) announced today it has supplied a SkyEdgeTM satellite hub station and over 1,500 VSATs to its long-time customer, HCL Comnet Systems & Services Ltd., a subsidiary of HCL Enterprise India. The SkyEdge hub station is already operational and the deployment of...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Ranjit Narasimhan | President & CEO, BPO Services |
| Vineet Nayar | Chief Executive Officer |
| J. V. Ramamurthy | Chief Operating Officer, HCL Infosystems |
| Anil Chanana | Executive Vice President, Finance |
| Shami Khorana | Corporate Vice President |
| Kirsten Paragona | Director, External Communications |
| R. Vaidyanathan | Head, Enterprise Application Services |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Ajai Chowdhry | Chairman & CEO, HCL Infosystems |
| Shiv Nadar | Chairman & Chief Strategy Officer |
| Amal Ganguli | Board of Directors |
| Probir Chandra Sen | Board of Directors |
| Robin A. Abrams | Board of Directors |
| Subroto Bhattacharya | Board of Directors |
| T S R Subramanian | Board of Directors |
| Vineet Nayyar | Board of Directors |
One of the founder members of HCL, Mr. Chowdhry has steered HCL Infosystems towards quantum growth. Today HCL Infosystems is recognized amongst the foremost IT companies in the country. Mr. Chowdhry is also responsible for the significant international growth of HCL Infosystems and brings with him substantial experience of the South East Asian markets including Malaysia, Thailand, Hong Kong, Indonesia, People's Republic of China and Singapore. Mr. Chowdhry was also part of the IT Task Force set up by the Prime Minister of India, to give shape to India's IT strategy.
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Chairman & CEO, HCL Infosystems | Current |
| HCL Technologies Ltd. | Founding Partner | Current |
| HCL Technologies Ltd. | President, HCL Infosystems | Former |
| University of Michigan Business School | Bachelor's Degree, Electronics and Communication Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | President & CEO, BPO Services | Current |
| HCL Technologies Ltd. | Executive Vice President, Business Process Outsourcing Division | Current |
| Indian Institute of Technology | BTEE | Former |
| Indian Institute of Management | MBA | Former |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Chief Executive Officer | Current |
| HCL Technologies Ltd. | CEO, Infrastructure Business | Former |
| HCL Technologies Ltd. | Head, Sales and Strategic Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Chief Operating Officer, HCL Infosystems | Current |
| HCL Technologies Ltd. | President & CEO, Infinet | Former |
| HCL Technologies Ltd. | President & CEO, HCL Office Automation | Former |
| HCL Technologies Ltd. | Manager, Regional Customer Engineering Support | Former |
| Institute of Technology, Inc. | Master's Degree, Applied Electronics | Former |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Chairman & Chief Strategy Officer | Current |
| HCL America, Inc. | Founder | Current |
| HCL Technologies Ltd. | Founder | Current |
| Diamondhead Ventures | Industry Advisory | Current |
| Phfi | Member | Current |
| University of Madras | Honorary Doctorate, Science | Former |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Executive Vice President, Finance | Current |
| HCL America, Inc. | Head, Strategic Initiatives Group | Former |
| Organization | Position | Status |
|---|---|---|
| HCL America, Inc. | President | Current |
| HCL Technologies Ltd. | Corporate Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Director, External Communications | Current |
| HCL America, Inc. | Director, External Communications | Current |
| CGI Group Inc. | Director, Corporate Communications U.S. | Former |
| Cognizant Technology Solutions Corporation | Director, Corporate Media Relations | Former |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Head, Enterprise Application Services | Current |
| HCL Technologies Ltd. | Executive Vice President, Human Resources | Former |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Board of Directors | Current |
| Indian Airlines Limited | Chairman & Managing Director | Former |
| King's College | Degree, Social Anthropology | Former |
| Air India Limited | Chairman | Former |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Board of Directors | Current |
| Zilog Inc. | Board of Directors | Current |
| Lrg Capital Group, LLC | Director | Current |
| Openwave Systems Inc. | Board of Directors | Current |
| Eletronicsbuzz.Com | Director | Current |
| Verifone | CEO | Former |
| Bluekite | Chief Executive Officer | Former |
| Firefly Mobile, Inc. | CEO | Former |
| Zilog Inc. | Interim CEO | Former |
| Data Listing Service LLC | President | Former |
| Firefly Mobile, Inc. | President | Former |
| Bluekite | President | Former |
| Verifone | President | Former |
| Com Corporation | Senior Vice President | Former |
| 3Com Corporation | Senior Vice President | Former |
| Unisys Corporation | vice president | Former |
| Verifone | Vice President | Former |
| Apple Inc. | Vice President | Former |
| Unisys Corporation | program general manager | Former |
| Firefly Mobile, Inc. | Director | Former |
| University of Nebraska | J.D. | Former |
| University of Nebraska | B.A. | Former |
Subroto Bhattacharya, is a Chartered Accountant with over 30 years experience. He possesses rich experience in the field of Finance and Management Consultancy, having worked as a part of the core team in several reputed organizations. Subroto was invited to the NIIT board as an external Director in 1998.
| Organization | Position | Status |
|---|---|---|
| NIIT Technologies Limited | Board of Directors | Current |
| HCL Technologies Ltd. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| HCL Technologies Ltd. | Board of Directors | Current |
Mr. Vineet Nayyar is the Managing Director and Chief Executive Officer of Tech Mahindra. An accomplished leader, Vineet has led several organizations across industries creating high performing teams and successful businesses. He has a rich and varied experience having worked with the Government, international multilateral agencies and the corporate sector both public and private in a career that spans over 40 years. Vineet holds a Master's degree in Development Economics from Williams College, Massachusetts and started his career with the Indian Administrative Service. While in the Government, he held series of senior positions, including that of a District Magistrate, Secretary Agriculture & Rural development for the Government of Haryana and Director, Department Of Economic Affairs, Government of India. Mr. Nayyar worked with the World Bank for over 10 years in a series of senior assignments, including successively being the Chief for the Energy, Infrastructure and the Finance Divisions for East Asia and Pacific. In the Corporate sector, Mr. Nayyar was the founding Chairman & Managing Director of the state owned Gas Authority of India. And in the Private Sector, he served as the Manging Director of HCL Corporation and as the Vice Chairman of HCL Technologies. He was also the founder & CEO of HCL Perot Systems. In addition to his current responsibilities as Vice-Chairman of Tech Mahindra, he serves as a Director on the Boards of Indian Oil Corporation, Great Eastern Shipping, Business Standard ,Kotak Life Insurance, Business Standard Ltd, The Mahindra United World College of India, The Mahindra Holidays and Resorts India Ltd and the Tech Mahindra Foundation.
| Organization | Position | Status |
|---|---|---|
| Tech Mahindra | CEO | Current |
| Infrastructure Inc. | Chief | Current |
| Axes Technologies Inc. | Vice Chairman, CEO & Managing Director | Current |
| Business Standard Ltd. | Board of Directors | Current |
| Indian Oil Corporation Limited | Board of Directors | Current |
| The Great Eastern Shipping Company Limited | Board of Directors | Current |
| Canvasm | Board of Directors | Current |
| Tech Mahindra | Vice Chairman | Current |
| HCL Technologies Ltd. | Board of Directors | Current |
| Tech Mahindra | Managing Director | Former |
| The World Bank | Former | |
| Bharat Heavy Electricals Limited | Board of Directors | Former |
| Williams College | Master's Degree In Development Economics | Former |
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