2008-2009

News items HCL buys banking software company Source Hindustan Times May 06, 2008 Mumbai, http://www.hindus tantimes.com/New sFeed/SectorsInfote ch/HCL-buysbanking-softwarecompany/Article1309343.aspx BUSINESS TODAY Jun 15, 2008 Description Recently, HCL Infosystems acquired Jaipurbased Natural Technologies (NTPL), a niche banking software product company, for Rs. 8.39 crore. HCL is aiming to increase its foothold in the domestic banking and financial services segment Keywords Acquired Jaipur-based Natural Technologie s (NTPL

India's fastest growing companies

Companies with revenues in excess of Rs 2,000 crore that grew the fastest in 2007. 1. HCL Infosystems http://businesstoda As the IT and communications market (read y.intoday.in/story/in software services, outsourcing and the mobile dias-fastestboom) has exploded in India, so has HCLs own growinggrowth. From Rs 2,705 crore in 2002-03, it now companies/1/2267. logs Rs 12,599 crore in revenue (annualised, html 07-08) while net profit has soared from Rs 93 crore to Rs 313 crore (annualised) in that time. That translates into a compounded annual growth rate (CAGR) of 45 per cent. Interestingly, its the cellular boom that has been driving HCLs growth more than the growth in computers and servers BUSINESS STANDARD Sept 02, 2008 Mumbai

Fastest growth in 2007

HCL Infosystems net drops 4.12% for the year ended June,2008

HCL Infosystems, domestic IT major, has posted Decline of a decline of 4.12 per cent in its net profit at Rs 4.12 per 304.75 crore for the year ending 30 June, 2008 cent in 2008 compared with Rs 317.85 crore posted in the http://www.busines previous year ending 30 June, 2007. sDuring the year, the net sales of the company, standard.com/india/ however, increased to Rs 12411.4 crore against news/hclRs 11671.86 crore last year, up 6.55 per cent
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HCL begins export to Africa, Gulf

FINANCIAL EXPRESS Sept 11, 2008

IT major HCL Infosystems on Thursday said it Exporting has started exporting hardware products to hardware different nations, including Gulf countries, and products to

http://www.financi alexpress.com/new s/hcl-beginsexports-to-africagulf/360191/

has bagged an IT infrastructure project in Africa. different The company has also bagged a project to link nations 53 countries in Africa, he said. The project is done through a grant of Rs 100 crore given by the Indian government

HCL Infosystems to expand its services business

Domestic IT products and infrastructure major HCL Infosystems, plans to expand its systems integration (SI) business. Defence, security and education are the three new verticals that are http://www.busines expected to boost the companys SI revenue in the coming few years. HCL Infosystems is also sstandard.com/india/ beefing up its exports portfolio. BUSINESS STANDARD Sept 11, 2008 Mumbai
news/hclinfosystems-toexpand-its-servicesbusiness/46407/on

Expand its systems integration (SI) business.

SI means getting all the subsystem components together--hardware, software and packed software. With the Indian market now opening up to the services offering, companies are looking for vendors who can provide both the hardware and software mix.

FINANCIAL HCL to distribute Sandisk products in EXPESS Nov 20,2008 India Bangalore,
http://www.financia lexpress.com/news/ hcl-info-todistribute-sandiskproducts-inindia/388251/

Data-storage accessories supplier SanDisk on Thursday said it has entered into a partnership with homegrown HCL Infosystems to distribute its products in the Indian market.

Partnership with Sandisk

HCL Infosystems: Idea factory

HCL Infosyswhich makes laptops, devises networking solutions for a variety of industries such as telecom and power and distributes iPods Jan 25, 2009 and camerashas leap-frogged a staggering 10 http://businesstoda places from last years Best Companies list, from y.intoday.in/story/h 13 to 3. cl-infosystems-idea- What HCL does havewhich explains the factory/1/3608.html jumpthat most other companies would die for is an intensely entrepreneurial work culture, along with robust training and development that attracts high-quality talent who end up staying with the company for decades. HCLs statistics are astounding: The company has the highest average career tenure in the industry. BUSINESS TODAY

HCL Infosystems Q2 net down 32% y-o-y

BUSINESS STANDARD Jan 27, 2009 New Delhi

http://www.busines sstandard.com/india/ news/hclinfosystems-q2-netdown-32-y-oy/53716/on

ICT systems integrator HCL Infosystems registered a fall of 32 per cent in its year on year profit after tax (PAT) for the second quarter ended 31 December 2008. PAT stood at Rs 55.25 crore for the quarter while in the year ago period, it was at Rs 81.41 crore. Revenues were also down 4.9 per cent at Rs 3,140.06 crore, from Rs 3,305.08 crore in the year ago period.

Nokia forms joint venture with HCL

THE HINDU Jan 29, 2009 NEW DELHI

Nokia Corporation on Wednesday said that it had formed a joint venture with HCL Infosystems to sell mobile value-added services (VAS) and entertainment content directly to http://www.thehind consumers in India as part of its services strategy u.com/todaysin the country.
paper/tpbusiness/nokiaforms-joint-venturewithhcl/article385064.ec e