HCL Introduction HCL (Hindustan Computers Limited) is a leading global Technology and IT enterprise whose range of services spans Product Engineering and Technology Development, Application Services, BPO Services, Infrastructure Services, IT Hardware, Systems Integration, and Distribution of Technology and Telecom products in India. The HCL Enterprise comprises two companies listed in India: HCL Technologies and HCL Infosystems. HCL Technologies is the IT and BPO services arm focused on global markets, while HCL Infosystems deals in the IT, Communication, Office Automation Products & System Integration arm focused on the Indian market.
Founder and history Shiv Nadar is the founder of HCL. He founded HCL in 1976 in a Delhi "barsaati". In 1978, HCL developed the first indigenous micro-computer at the same time as Apple and 3 years before IBM's PC. In 1980, HCL introduced bit sliced, 16-bit processor based micro-computer. In 1983, HCL Indigenously developed architecture, at the same time as global IT peers. In 1986, HCL became the largest IT Company in India. In 1988, HCL introduced fine grained multi-processor Unix3 years ahead of "Sun" and "HP". In 1991, HCL entered into a joint venture Hewlett Packard and HCL-Hewlett Packard Ltd. was formed. The joint developed multi-processor UNIX for HP and heralded HCL's entry into contract R&D. In 1997, HCL Infosystems was formed. In the same year HCL ventured into software services. In 1999, HCL Technologies Ltd issued an IPO and became a public listed company. In 2001, HCL BPO was incorporated and HCL Infosystems became the largest hardware company. In 2002, software businesses of HCL Infosystems and HCL Technologies were merged. In 2005, HCL set up first Power PC architecture design centre outside of IBM. In the same year HCL Infosystems launched sub Rs.10, 000 PC. In 2006, HCL Infosystems became the first company in India to launch the New Generation of High Performance Server Platforms Powered by Intel Dual - Core Xeon 5000 Processor. Today, HCL has a turnover of over US$4billion.
Headquarters and Branches
Annual turnover HCL Infosystems has reported a turnover of Rs 409.7 crore compared to Rs 235.5 crore in the corresponding quarter of the previous year. Profit before tax stood at Rs 13.6 crore as against Rs 14.1 crore in the same period last year. Net profit after tax increased in the current quarter by 26% over the previous quarter ending June ’07.
Overall number of employees
Today, HCL has 45,000 employees of diverse nationalities, operating across 17 countries including 360 service centers in India. HCL has global partnerships with several leading Fortune 1000 firms, including several IT and Technology majors.
Organization structure Shiv Nadar is the founder as well as the chairman of HCL.
Leadership Team VINEET NAYAR CEO, HCL Technologies
RANJIT NARASIMHAN President & CEO - BPO Services, HCL Technologies Ltd
ANIL CHANANA Executive Vice President - Finance, HCL Technologies
ANANT GUPTA President - Infrastructure Services Division, HCL Technologies
Board of Directors SHIV NADAR
VINEET NAYAR
Founder - HCL Chairman & Chief Strategy Officer HCL Technologies
CEO, HCL Technologies
ROBIN ABRAMS Director
AJAI CHOWDHRY Founder - HCL Chairman and CEO HCL Infosystems
TSR SUBRAMANIAN Director
SUBROTO BHATTACHARYA Director
AMAL GANGULI Director
PROBIR CHANDRA SEN Director
Listing in stock exchange The Stock Exchange, Mumbai, National Stock Exchange of India Ltd.
Current share price (as on 28 Aug) % increase: 306.20 Day’s increase: -5.75 Current value: -1.84% Volume 382,246 Prev Close 311.95 Day's H/L (Rs) 314.90 - 304.00 52wk H/L (Rs) 315.40 - 89.10 Mkt Cap (Rs Cr) 20,392.92
Strategies Emphasis on a strong management team Emphasis on front run emerging technologies Non-linear growth model Emphasis on quality revenue mix Employee Development and Contribution Emphasis on earnings led growth
Involvement in Other Activities Aerospace and Defense Financial Services
Retail & Corporate Banking,
Capital Markets, Insurance
Healthcare Telecom Automotive Hi-tech, Semiconductor, Storage, Consumer Electronics Media & Entertainment Travel, Transportation & Logistics
Government Life Sciences Pharmaceutical, Medical
Devices Retail & Consumer Energy and Utilities