Shiv Kumar Nadaris the Chairman of HCL Technologies

Mr. Shiv Kumar Nadar

Mr.Vineet Nayar

HCL Enterprise

Types Private

Industry IT Service

Founded 11 August 1976

Headquarters Noida, India

Key people Shiv Nadar (Founder &Chairman)

Revenue US$ 6.2 billion (2012)

Employees 90,000 (2012)

Subsidiaries HCL TechnologiesHCL Infosystems

Website www.hcl.com

Inrodutions;HCL (HINDUSTAN COMPUTERS LIMITED)

Technologies is one of more than 3,000 technology

companies in the Bloomberg database.

HCL Technologies is one of the seven companies

with a revenue of more than $4.5 billion,

a market capitalization of more than $5 billion,

and a compounded annual growth rate greater than

25 per cent during the past five years.

History of HCL;

In 1976, Shiv Nadar, Arjun Malhotra, Subhash Arora, Badam Kishore Kumar,

T.V Bharadwaj and Arun Kumar H jointly started a company named

Microcomp Limited.

The focus of the company was design and manufacturing of scientific

calculators.

The venture provided its founders money to start a company that focused on

manufacturing computers.

The company name "HCL" used to stand for "Hindustan Computer Limited“

but now HCL is the only one name that the company goes by.

HCL received support from the Government of Uttar Pradesh to set up

manufacturing inNoida.

On February 1, 2013,

Nadar announced that he would step down as chairman of HCL Corporation

and his

daughter Roshni Nadar would become the next chairman.

HCL is a global technology and IT Enterprise that operates

in 31 countries. Its headquarters is in Noida, India.

The company comprises two publicly listed

companies, HCL Technologies and HCL Infosystems.

HCL was focused on addressing the IT hardware market

in India for the first two decades of its existence with some

activity in the global market.

On termination of the joint venture with HP in 1996,

HCL became an enterprise comprising HCL Technologies

and HCL Infosystems.

HCL Technologies focuses on the global IT services

market, whereas HCL Infosystems focuses on the IT

hardware market in India and in APAC countries.

HCL has since then operated as a holding company.

It is one of three businesses which are separately listed inIndia – falling under the corporate umbrella of HCLEnterprise with combined annual 2011 revenues of US$6billion. HCL Enterprise was founded in 1976 and is one ofIndia's original IT garage start ups.[ HCL Technologiesformed in 1991 when HCL's R&D business was spun off tofocus on the growing IT services industry. They havedecided to vast their features in Information Technology allover the world. Over the last 20 years, HCL has expanded itsservice portfolio in IT applications (custom applications forindustry solutions and package implementation), ITinfrastructure management, and business processoutsourcing, while maintaining and affecting productengineering

HCL Technologies, Limited

Type Public

Traded as BSE: 532281NSE: HCLTECH

Industry IT services, IT consulting

Founded November 12, 1991

Founder(s) Shiv Nadar

Headquarters Noida, Uttar Pradesh, India

Area served Worldwide

•

Products of

HCL Laptops

HCL Desktops & All-In-One PCs

ME Tablets

Edutainment Products

“Discovery of unknown will get you

to the road of profitability,” Vineet Nayar,

vice chairman,

HCL Technologies.