Is HCL Technologies and HCL Comnet the same?
The proposal to merge HCL Comnet, HCL Eagle, HCL Technologies Solutions and Concept2silicon Systems into HCL Technologies was approved by the latter’s board on Thursday. All these companies are direct or step-down wholly-owned subsidiaries of HCL Tech.
What happened to HCL Technologies?
Shares of the company fell in early trade after the company reported a net profit of Rs 3,442 crore in the third quarter. While the net profit was up 5.4 per cent quarter on quarter (QoQ), it was down 13 per cent on a year-on-year (YoY) basis.
What is the rank of HCL in world?
In addition to being ranked number 30 on the list, HCL is recognized as the only multinational company that is headquartered in India to be featured in the top 50.
What is HCL Technologies Iomc?
The Information Technology Service Management system supporting the provision of IT Infrastructure services, Data Center operations services, Disaster recovery operations services, ICT Telecommunications services; Offshore IT management center services to Cummins, Old Mutual, Micron, Serco and Monitoring and Management …
Why HCL share is dropping?
Stock score of HCL Technologies Ltd moved down by 2 in a week on a 10-point scale. This brokerage said it said while suggesting that aggressive deal perusal is exacerbating the impact of supply-side pressures on near term margin trajectory, which it said could weigh on the stock’s near term performance.
What is the rank of HCL in India?
HCL Tech is the third-largest Indian IT services company by revenue, after TCS and Infosys. The company has a strong globally diversified presence and provides comprehensive IT services to an established customer base.
Is HCl ComNet to be merged with itself?
NSE 1.95 % said its board has approved the scheme for merger of four of its subsidiaries, including HCL Comnet, with itself. The scheme was approved by the board of directors of the subsidiaries in their respective meetings Friday, HCL Tech said in a regulatory filing.
Who is the new CEO of HCL Technologies?
HCL Technologies President and CEO C Vijayakumar will also be the managing director for five years. Shiv Nadar’s daughter Roshni Malhotra-Nadar took over as chairperson of HCL Technologies last July. “The scheme was approved by the requisite majority of equity shareholders of the transferee company,” the filing said.
What is HCl ComNet-HCl Eagle-eagle-concept2silicon merger?
The proposal to merge HCL Comnet, HCL Eagle, HCL Technologies Solutions and Concept2silicon Systems into HCL Technologies was approved by the latter’s board on Thursday. All these companies are direct or step-down wholly-owned subsidiaries of HCL Tech.
Is Roshni Malhotra-Nadar the new chairperson of HCL Technologies?
Shiv Nadar’s daughter Roshni Malhotra-Nadar took over as chairperson of HCL Technologies last July. “The scheme was approved by the requisite majority of equity shareholders of the transferee company,” the filing said. All these companies are direct or step-down wholly-owned subsidiaries of HCL Tech.