/Tag: HCL

HCL Tech renews IT deal with Anglo American

2018-10-01T13:25:01+00:00October 1st, 2018|Uncategorized|

IT services major HCL Technologies said it has inked a five-year infrastructure services deal with global diversified mining business Anglo American. The multi-year deal will see HCL continue to support Anglo American through the adoption of cloud and reducing the latter's global data centre footprint through continued consolidation of on-premise infrastructure, a statement said. Through the renewed deal, HCL will further improve quality and consistency by standardising and centralising IT infrastructure services across both Anglo American and diamond company De [...]

Indian IT: Glorious Past, challenging present and an uncertain future?

2018-09-27T13:30:55+00:00October 18th, 2016|2016, October 2016, Sector Focus, Year|

The Indian IT sector must reskill its workforce and move up the value chain if it wants to retain its dominant position in the world as well as its double digit growth rates.

On July 15, 2016 a sombre looking Vishal Sikka, the CEO and MD of Infosys Ltd, India’s second largest exporter of IT services announced the company’s first quarterly results. While revenue and profit were below market expectations, what surprised many was the downward revision of annual revenue growth forecast. Markets were swift to mete out punishment. The shares of the company crashed by about 10 per cent in a single trading session, wiping out nearly $3.5 billion in market capitalisation.

Footprints for the future

2018-05-18T13:06:23+00:00April 7th, 2016|2016, EU, March/April 2016, Year|

The European Union and the Republic of India benefit from a longstanding relationship going back to the early 1960s. Since then trade ties between the two have evolved slowly and steadily. From being an acceptor of help and services from the European Union, India has now emerged as an investor in the European countries' development and growth. ‘India Global Business’ traces some milestones in this journey.