The appointed date of the aforesaid shall be January 1, 2013, the filing said. The deal was terminated as the buyer failed to pay the amount agreed, HCL Infosystems said in a stock exchange disclosure. Jobs News: IT firm HCL Infosystems said its subsidiary HCL Infosystems MEA has bagged a project to provide ICT products to Dubai-based GEMS Education. 106 Crore in Q1 FY21, HCL Infosystems registers Rs. With our unmatched track-record of enabling a leading global device brand to capture 70%+ market share we aim to be the most preferred partner of choice for brands. HCL Infosystems is a System Integration and Distribution company. Huawei Technologies org chart. Information technology firm HCL Infosystems Ltd said it has received board approval to sell its Dubai-based subsidiary to financial firm Axis Investment Inc. for 4.12 million Emirati dirhams ($1.12 million or Rs 7.3 crore). Senior Consultant. HCL Infosystems MEA FZCO, Dubai. Revenues for 2007 were US$4.9 billion. HCL Infosystems org chart. HCL INFOSYSTEMS LIMITED Our Company was incorporated as ‘HCL Limited’under the Indian Companies Act, 1956 vide a certificate of registration dated April 17, 1986 issued by the Registrar of Companies, Delhi and Haryana and received its certificate of commencement of business on July 29, 1986. This restructuring would also enable our Services business, carved out in HCL Services Ltd, the flexibility to invest in capability building and rapid expansion across markets. HCL Infosystems Subsidiaries (1) Company Name Industry Location Founded; 000 00000000000 00: Systems and Information Management: Dubai, United Arab Emirates: 0000: To view HCL Infosystems’s complete subsidiaries history, request access » Products. Founded in 1976, HCL is one of India’s original IT garage start-ups. Bimal Das Joint President Enterprise Distribution HCL Infosystems. HCL Group has formed its first three subsidiaries: HCL Technologies; HCL Infosystems; HCL Healthcare; Although the company has tried to stay focused on hardware, via HCL Technologies, software and services are the main focus. It claims a presence in 170 locations and 300 service centres. HCL is a $5 billion leading global Technology and IT Enterprise that comprises two companies listed in India - HCL Technologies & HCL Infosystems. 1,815 Crore revenue in FY20, HCL Infosystems Reports Revenue of Rs. HCL Infosystems Ltd was incorporated in the year 1986 as HCL Ltd. Information technology services company HCL Infosystems Ltd has sold its Singapore subsidiary by the title HCL Insys Pte. In November 1991, a company called HCL Overseas Limited was incorporated as a provider of technology development services. Know More. Distribution business revenue in the June 2020 quarter was about Rs 70 crore, while that from system integration and solutions business stood at about Rs 36 crore Revenues for 2007 were US$4.9 billion. Calcutta, Jan. 15: HCL Infosystems will spin off its hardware, learning and services businesses into separate units to create a leaner structure and improve operational efficiency. Our large growth focus businesses such as Services and Distribution will now be able to receive undivided focus and attention”. This restructuring process was initiated with a clear objective of enabling each business to meet its individual requirements and build an organization customized to that business. HCL Software org chart. HCL Infosystems, Noida. HCL Infosystems has transferred its solutions, services and learning business to wholly-owned subsidiaries --- HCL Infotech, HCL Services, and HCL Learning. A listed subsidiary of HCL, HCL Info Systems has a long-standing history of being involved ever since the inception of the IT industry in the country. © 2020 HCL Infosystems Limited × WordPress Video Lightbox Plugin For more information, please visit www.hcl.com, Information Technology Infrastructure Services. With its Platinum status, HCL Infosystems and its subsidiaries - HCL Services and HCL Insys Pte will receive the high level of engagement, commitment and resources available to OPN partners. 4. NEW DELHI: IT firm HCL Infosystems on Thursday reported narrowing of its loss to Rs 36.86 crore for the quarter ended June 30, 2020. Consolidated revenue from operations decreased to Rs 105.69 crore in the quarter under review from Rs 576.96 crore in the year-ago … Feb 17, 2015, 14:07 PM IST HCL announces global partnership with nextgen database MongoDB . Founded in 1976, HCL is one of India’s original IT garage start-ups. HCL Infosystems will sell HCL Insys Pte. A pioneer of modern computing, HCL is a global transformational enterprise today. 4,340 Crore in FY19, HCL Infosystems Reports Revenue of Rs 1,117 Crore in Q3 FY 2019, HCL Infosystems Reports Revenue of Rs 1,084 Crore in Q2 FY 2019 from continuing operations, an increase of 44% Y-o-Y, HCL Infosystems Reports Revenue of Rs 1,137 Crore in Q1 FY 2019, Information Technology Infrastructure Services. For customers, alliance partners and vendors there will be no changes in HCL contact points, credentials, capabilities, business leadership or any other such aspect. The deal, to be conducted through share purchase, will include HCL Infosystems MEA’s borrowings worth $660,000 (Rs 4.3 crore or AED 2.42 million). Posted By: smechannels on: April 02, 2019 In: Best VADs. Premkumar Seshadri, Executive Vice-Chairman and Managing Director, HCL Infosystems Ltd., commenting on the partnership said, “With a four decade legacy of pioneering technology innovations, HCL is proud to now enable digital transformation in Oman. HCL Foundation (HCLF) was established in 2011 as the Corporate Social responsibility arm of HCL Technologies in India. A pioneer of modern computing, HCL is a global transformational enterprise today. Thereafter, our Company was renamed on December 27, 1991 as ‘HCL Hewlett-Packard Limited’, … HCL Infosystems Ltd., a listed subsidiary of HCL, is an India-based hardware and systems integrator. In February 2014 HCL launched HCL Healthcare. Ltd ,which employs VARINDIA - India's frontline IT Magazine, provides the real time IT News. "The proposed merger is for the purpose of simplifying the group structure. August 6, 2019 – Intimation of Board Approval of HCL Infosystems Limited for sale of shares of its step down subsidiary, HCL Insys Pte. May 25, 2011 « Older Entries. © 2020 HCL Infosystems Limited × WordPress Video Lightbox Plugin Information Technology & Services - India - Subsidiary of HCL. The company has hived off its businesses into three subsidiaries in … With our unmatched track-record of enabling a leading global device brand to capture 70%+ market share we aim to be the most preferred partner of choice for brands. 133 Crore in Q2 FY21, HCL Infosystems Reports Revenue of Rs. HCL Infosystems, India’s Premier Distribution, IT Services and Solutions Company announced that its Scheme of Arrangement on restructuring of its businesses has become effective from 1st Nov 2013. HCL Infosystems Director Information - Get the latest information about Directors of HCL Infosystems on The Economic Times Gefällt 65.196 Mal. Nokia India, now subsidiary of Microsoft Mobile, has signed a fresh 3-year contract with IT services and product distribution company HCL Infosystems to sell its mobile devices. HCL Infosystems offers state-of-the-art technology enabled distribution across India. Its manufacturing facilities are based in Chennai, Pondicherry and Uttarakhand.Its headquarters is in Noida. It received the certificate of … Our Distribution business has been growing on the back of robust performance of Telecom Distribution coupled with increased momentum of non telecom distribution through the addition of many leading brands in IT, Office Automation and Consumer Electronics space. The board has also approved merger of HCL Infocom, a wholly owned subsidiary, with HCL Infosystems. “As you would already know, HCL Infosystems is a large organization with diverse nature of businesses, each with very different kind of human resources, technical and financial requirements. In May 1986, the company took over Hindustan Computers, Hindustan Reprographics, Hindustan Instruments and Indian Computer Software Company. The first three subsidiaries of parent HCL Enterprise were: HCL Technologies - originally HCL's R&D division, it emerged as a subsidiary in 1991; HCL Infosystems and; HCL Healthcare; The company tried to stay focused on hardware, but, via HCL Technologies, software and services is a main focus. Amongst all the growth oriented changes, certain aspects of HCLI’s core DNA will remain same including the way HCLI deals with its customers, the brand assurance, quality, and capabilities. HCL Infosystems had received board approval to sell HCL Infosystems MEA FZE to Axis Investment for … HCL INFOSYSTEMS LIMITED Our Company was incorporated as ‘HCL Limited’under the Indian Companies Act, 1956 vide a certificate of registration dated April 17, 1986 issued by the Registrar of Companies, Delhi and Haryana and received its certificate of commencement of business on July 29, 1986. We are pleased to partner with Omantel, a leader in telecommunications services in the region, to provide innovative digital offerings … 2001 . Read more about HCL Infosystems Q1 loss narrows to Rs 36.86 cr, revenue down at Rs 105.7 cr on Business Standard. The board has also approved merger of HCL Infocom, a wholly owned subsidiary, with HCL Infosystems. HCL Services Ltd. (a wholly owned subsidiary of HCL Infosystems) India's premier technology company offers a wide range of Services across the Enterprise and Consumer segments. HCL Services Ltd. (a wholly owned subsidiary of HCL Infosystems) India’s premier technology company offers a wide range of Services across the Enterprise and Consumer segments. Platinum members receive dedicated virtual account management support to build joint development plans and help broaden Specialization areas and revenue opportunities. This restructuring of the business into separate subsidiaries is part of the Company’s strategy to enable sharper focus on each core business and adopt a customized strategic approach for each business area. 40,000/- 2002 . HCL is a $6.3 billion leading global technology and IT enterprise comprising two companies listed in India – HCL Technologies and HCL Infosystems. November 15, 2019 – Update on sale of HCL Insys Pte Ltd., a step down subsidiary of HCL Infosystems Limited to M/s PCCW Solutions Limited. It provides distribution of technology, mobility and consumer products. HCL Infosystems MEA, India's premier hardware, services and ICT system integration Company, has announced the setting up of its operations in Qatar. With over 2 decades of expertise in device distribution we enable brands to attain meaningful distribution depth & width. The restructuring will allow our Learning business to pursue strategy best suited to meet its large expansion goals.” added Mr. Chitale. The stock-exchange disclosure says Axis Investment Incorporated is promoted by a group of entrepreneurs backed by a Dubai-based investor group and an Indian IT major. HCL Infosystems Limited, the flagship of the $ 600 million HCL Group, has announced that it is setting up overseas subsidiaries. Ltd to PCCW Solutions Ltd, the flagship company of the IT-to-telecom PCCW Group, the Indian company said in a statement. Restructuring to enable dedicated focus and customized strategic approach for different businesses. HCL Infosystems’ subsidiary — HCL Insys Pte., Singapore — has received an approval to sell the entire ownership and control held by Nurture Technologies FZE in its direct subsidiaries namely Gibraltar Technologies LLC (Dubai) and Gibraltar Technologies LLC (Abu Dhabi). 429 Crore in Q3 FY20, HCL Infosystems Reports Revenue of Rs 582 Crore in Q2 FY20, HCL Infosystems Reports Revenue of Rs 681 Crore in Q1 FY20, HCL Infosystems reports revenue of Rs. Commitment to Society. HCL Software 5. There will be greater visibility on the financial and operational performance of each business, restructuring would also address more effectively the funding and capability acquisition needs of these businesses.”. “This restructuring would now enable us to have undivided focus and attention on our key growth engines – Distribution and Services. Founded in 1976, HCL is one of India's original IT garage start-ups, a pioneer of modern computing, and a global transformational enterprise today. We help clients enhance business performance by leveraging deep domain knowledge, technology expertise and service delivery excellence. Software - Australia - Subsidiary of HCL Technologies. Nokia India renews sales agreement with HCL Infosystems. 5 ANALYST CONTACTS Shubham Jain +91-124 … The Hon’ble High Court of Delhi has approved the Scheme of Arrangement and the copy of the High Court order has been filed with the Registrar of Companies, NCT of Delhi & Haryana. Step-down Subsidiary of HCL Infosystems MEA FZE HCL Infosystems LLC, Dubai# 49% Full Consolidation HCL Infosystems MEA LLC, Abu Dhabi # 49% Full Consolidation HCL Infosystems Qatar, WLL # 49% Full Consolidation # Due to control over composition of the Board of Directors. While employees will be transferred to the respective subsidiaries, there will be no change in the employment conditions and HCL’s people-focus culture. Read reviews on salaries, working hours, work culture, office environment, and more to know if HCL Infosystems is the right company for you. HCL has partnerships with several leading global 1000 firms, including leading IT and technology firms. In a notification to the Bombay Stock Exchange, the company said it would transfer its hardware solutions business to a wholly owned subsidiary — HCL System Integration Ltd. AmbitionBox has 5 HCL Infosystems reviews submitted by HCL Infosystems employees. The company had posted a loss of Rs 39.97 crore in the year-ago period, HCL Infosystems said in a regulatory filing. Keshav Sunkara. During the year 1987-88, HCL Employees Investment Co Ltd and HCL Finance & Investment Ltd became the subsidiaries of the company. Distribution and Services to be key growth engines. HCL Infosystems announced that its subsidiary, HCL Learning has concluded the sale of entire shareholding of its wholly owned subsidiary HCL Insys, Singapore on 15 November 2019 to PCCW Solutions, Hong Kong for a consideration of SGD 57,628,787. HCL Infosystems offers state-of-the-art technology enabled distribution across India. Its range of offerings includes product engineering, custom & package applications, BPO, IT infrastructure services, IT hardware, systems integration, and distribution of information and communications technology (ICT) products across a wide range of focused industry verticals. Mr. Harsh Chitale, CEO & Managing Director, HCL Infosystems said. Ltd to PCCW Solutions Ltd, the flagship company of the IT-to-telecom PCCW Group, the Indian company said in a statement. About HCL Infosystems. [19] HCL TalentCare is the fourth and latest venture of HCL Corporation. HCL Services Limited, a subsidiary of your Company bagged following awards this year: • The "IT Service Provider of the Year" award at the 2015 Frost & Sullivan India ICT Awards. The HCL team consists of over 90,000 professionals of diverse nationalities, who operate from 31 countries including over 720 points of presence in India. HCL Infosystems Ltd. with revenue (LTM) of US$ 1.6 billion (Rs. At the same time our Services business would explore growth in emerging technologies. May 26, 2011. Senior Consultant, led Legal Contracting at HCL Infosystems & its 10+ global subsidiaries for 18 years Gautam Buddha Nagar, Uttar Pradesh, India 405 connections. The first three subsidiaries of parent HCL Enterprise were: HCL Technologies - originally HCL's R&D division, it emerged as a subsidiary in 1991; HCL Infosystems; HCL Healthcare; The company tried to stay focused on hardware, but, via HCL Technologies, software and services is a main focus. Join to Connect. In the services space the Company has robust services offerings such as a comprehensive portfolio of Infrastructure Managed Services, Enterprise Application Services, System Integration Services, Office Automation Services, Managed Print Services, Life Cycle Services and After-Sales Support Services. Our Services business has built a healthy order book on back of large Managed Services and Break-fix services outsourcing deals. HCL Infosystems’ has one of the largest sales & distribution network in the country and provides value added distribution for partners including last mile connect and support in marketing and promotions for Telecom, IT , Office Automation and Consumer Electronics products covering more than 15000 towns across 664 districts in India. * The Company was dissolved with effect from 04.04.2018. 5 ANALYST CONTACTS Shubham Jain +91 … HCL Infosystems Ltd. HCL Infotech Ltd. HCL Learning Ltd. HCL Services Ltd. Digilife Distribution and Marketing Services Ltd. Thereafter, our Company was renamed on December 27, 1991 as ‘HCL Hewlett-Packard … We became the must visited website of Top IT News, vendors, Top IT Professionals, solution providers, CIOs and CEOs of Indian enterprises. The … HCL Infosystems Enterprise 360 offerings portfolio seamlessly combines the choice of multi-brand global technology products and best-in-class business-aligned IT services that span existing and emerging technologies. Also this is an important launch pad for all our businesses to achieve their individual visions. • HCL Technologies is one of the four companies under HCL Corporation, the second company being HCL Infosystems. For more information please visit us at www.hclinfosystems.in. HCL Infosystems will sell HCL Insys Pte. 28 February, 2018. Toyota - Competitors, position, SWOT Conjoint Analysis Exam 25 October 2017, questions and answers Marketing Compendium 2017-18 10.1016@j.telpol - Test Group 1 Section D Why Aqualisa is not selling HCL Infosystems is an IT services, solutions & distribution company providing the choice of multi-brand global technology products and the capability of best-in-class, business-aligned IT services and solutions. 5 HCL Infosystems MIS Executive Reviews by current and past employees about salary & benefits work culture skill development career growth job security work-life balance and more. HCL Infosystems MEA (Middle East and Africa), a fully owned subsidiary of HCL Infosystems is part of the emerging markets outreach of the company and focuses on expanding the business in the Middle East and African geographies and provides comprehensive IT solutions to customers across verticals in the region. The latter is a wholly-owned Singaporean subsidiary of HCL Infosystems. Huawei Technologies 241. Now there would be independence as well as accountability for each of the businesses. Acquires and sets up fully owned subsidiaries in USA and UK; Sets up fully owned subsidiary in Australia; HCL ties up with Broadvision as an integration partner . Earlier in January this year, the Board of Directors of the Company had approved the alignment of Solutions, Services and Learning businesses of the Company along the three subsidiaries through a Composite Scheme of Arrangement. HCL Learning, the Company’s learning solutions business, serves the entire spectrum of education and training requirements across schools colleges, individuals and enterprises and offers Digital Content & Learning Solutions. PCCW's IT service arm?PCCW Solutions has acquired Singapore-based HCL Insys, a subsidiary of India?s technology company HCL Infosystems. By helping our clients across industries to attain and sustain competitive business edge we aim to be Your Technology Lifecycle Partner. The leading ICT solutions provider associates with Dyarco International, a subsidiary of Al Faisal Holding, to tap the growing IT business in the country. We help clients to enhance business performance by leveraging deep domain knowledge, technology expertise and service delivery excellence. HCL Infosystems Takes Banking To The Unbanked The client is one of the largest nationalized banks in India with an international presence in over 25 countries. Mr. Rothin Bhattacharya, Executive Vice President, Marketing, Strategy & Business Development, HCL Infosystems said “HCLI will continue to be people centric in its approach and our employees would be at the center of all that we do. Information technology services company HCL Infosystems Ltd will sell a Singapore subsidiary to a Hong Kong-based company as part of efforts to monetise its assets and reduce debt. With over 2 decades of expertise in device distribution we enable brands to attain meaningful distribution depth & width. Telecommunications - China - 25 subsidiaries. The board of directors has approved the merger of HCL Learning Ltd and Digilife Distribution and Marketing Services Ltd , wholly-owned subsidiaries of the company, with HCL Infosystems. Under the restructured organization, the Company’s businesses of Solutions, Services and Learning have been transferred to the wholly-owned subsidiaries HCL Infotech Ltd., HCL Services Ltd, and HCL Learning Ltd respectively while the Products Distribution business would be with the Parent entity HCL Infosystems. * The Company was dissolved with effect from 04.04.2018. The appointed date of the aforesaid shall be January 1, 2013, the filing said. Official Facebook page of HCL Infosystems | Part of the $7.5 billion HCL Enterprise with more than 120,000 employees across 32 countries HCL Infosystems Ltd. JANHIT COLLEGE OF LAW PLOT NO.-35, KNOWLEGE PARK-I, GARTER NOIDA. Report this profile; About . Read more about HCL Infosystems to sell biz unit to Karvy Data for Rs 108 cr on Business Standard. Information technology services company HCL Infosystems Ltd will sell a Singapore subsidiary to a Hong Kong-based company as part of efforts to monetise its assets and reduce debt. HCL Infosystems has sold its wholly-owned subsidiary HCL Insys, Singapore on 15 November 2019 to PCCW Solutions The shares of HCL Infosystems surged 20% … Step-down Subsidiary of HCL Infosystems MEA FZE HCL Infosystems LLC, Dubai# 49% Full Consolidation HCL Infosystems MEA LLC, Abu Dhabi # 49% Full Consolidation HCL Infosystems Qatar, WLL # 49% Full Consolidation # Due to control over composition of the Board of Directors. The Board of Directors of the company at their meeting held on October 15, 2018, approved the same. The restructuring also bodes well for one of new businesses, Learning, which is now ready to stand on its own feet as a separate subsidiary. "The restructuring would help us focus on growth engines like distribution and services which are seeing double digit growth, while helping fix the bleeding parts," Chitale said. Multi-vendor IT Equipment & Infrastructure, Data Center and Infrastructure Management, Multi-Global Brand IT & Technology Products, IT Infrastructure, Cloud, Analytics & IoT. Read more about working at HCL Infosystems. Our success stories of providing world class IT services and solutions, By applying our deep industry and functional expertise transform traditional service models to deliver operational excellence, Enabling a leading Qatar Bank improve productivity and customer experience by streamlining…, A University connects with its students globally with Virtual Classroom Solution implemented…, HCL enables collaboration across various premiere educational institutes across the country through…, HCL Infosystems Reports Revenue of Rs. 9,040 crores) is India’s Premier Distribution and IT Services and Solutions Company. IDC rated HCL Infosystems as No.1 Desktop PC Company of 2001 ; Launched Pentium IV PCs at below Rs. Print Email. 3M 230. HCL Infosystems 11. Our distribution business has an unparallel network that reaches more than 80,000 retail outlets, over 800 Direct and Micro Distributors and over 400 Channel Partners across India. IT firm HCL Infosystems today said it will sell its subsidiary HCL Services to Karvy Data Management Services in a Rs 108 crore deal.The sale of HCL Services Ltd, which was approved by HCL Infosystems' Board, consists of domestic enterprise Some of our recently incubated businesses can now behave like start-ups. HCL Infosystems Ltd said on Monday it has terminated an agreement to sell Dubai-based subsidiary HCL Infosystems MEA FZE to financial firm Axis Investment Inc. HCL Infosystems has decided to exit the PC manufacturing business and focus more on IT services and hardware distribution. HCL Foundation. HCL is a $6.3 billion leading global technology and IT enterprise comprising two companies listed in India – HCL Technologies and HCL Infosystems. 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