|Mar 28, 2017|
|Mar 28, 2017|
Currency in INR
Information Technology Services
|Full time employees:||103,391|
HCL Technologies Ltd. is a global information technology services company. It provides holistic, multi-service delivery in such industries as financial services, manufacturing, consumer services, public services and healthcare. The company operates through the following segments: Software Services, IT Infrastructure Management Services and Business Process Outsourcing Services. The Software Services segment provides application development & maintenance, enterprise application, next generation SAAS application services and engineering and R&D services to several global customers. The IT Infrastructure Management Services segment engages in managing customer's IT assets effectively. The Business Process Outsourcing Services segment includes the traditional contact centre & help desk services and next generation services around platform BPO & BPAAS delivered through global delivery model. HCL Technologies was founded by Shiv Nadar on November 12, 1991 and is headquartered in Noida, India.
HCL Technologies is a major provider of IT services in India. It is logging rapid earnings growth while trying to catch up with the top three in the domestic sector. It has offices in more than 30 countries and over 100,000 workers on its payroll.
HCL group was established in 1976 in a garage where founder Shiv Nadar, who is now chairman, worked with friends. In 1978, it became the first in India to develop microcomputers. The group dealt mainly in hardware in the 1980s and 1990s but founded HCL Technologies in 1991, latching onto the growth of the nation's IT services industry.
The company's policy is to delegate considerable power to workers, who get active support from managers. It has institutionalized a system that gives lower-ranking employees the opportunity to contribute ideas; the company credits this with fueling growth.
HCL Technologies' leading shareholder is an investment firm, of which Shiv Nadar is an executive. The investment company and the group's holding company together own nearly 60% of HCL Technologies.
The holding company also presides over HCL Infosystems, a listed business that sells hardware.
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- Local currency
- US Dollar
|Income before tax||92,336.90M|
|Dividends per share||22|
|Operating cash flow||44,318.1M|
Currency in INR
|Income before tax||1,410.35M|
|Dividends per share||0.33|
|Operating cash flow||676.91M|
Currency in USD
- President & Chief Executive Officer: C. Vijayakumar
- Executive VP-Sales Transformation & Operations: Arthur Filip
- Chief Financial Officer: Anil Kumar Chanana
- Chief Technologist: Vikram Duvvoori
- President-Research & Development Services: Hanumantha Rao Gade
- Vama Sundari Investments (Delhi) Pvt Ltd.(42.5%)
- NADAR SHIV(16.9%)
- ICICI Prudential Asset Management Co. Ltd.(1.6%)
- Life Insurance Corp. of India(1.3%)
- ICICI Prudential Life Insurance Co. Ltd. (Invt Port)(1.2%)
- The Vanguard Group, Inc.(1.2%)
- Lazard Asset Management LLC(1.1%)
- Artisan Partners LP(1.1%)
- BlackRock Fund Advisors(1.0%)
- Reliance Nippon Life Asset Management Ltd.(1.0%)
- Website: http://www.hcltech.com
- Address: Technology Hub, SEZ, Plot No. 3A, Sector 126, Noida, 201304, India
- Phone: +91.120.6125000
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