Showing posts with label HCL. Show all posts
Showing posts with label HCL. Show all posts

Thursday, July 11, 2013

HCL Technologies may lay off over 100 employees in Finland

Noida-based HCL Technologies may lay off some employees in Finland. These employees are among those who were servicing phone maker Nokia from its on-shore centres.

The company had entered into a long-term agreement with the Finnish mobile phone manufacturer for a global IT infrastructure management outsourcing services in January.

“There could be some lay offs. We will take around six weeks to decide and comply with all the formalities under the European law,” a HCL Technology official told Business Line on request of anonymity.

An official statement from the company said “Any change to requirements in client projects is essentially a matter of discussion between HCL, its client(s) and unions where needed. We do not respond to speculation on such matters.”

According to sources, the lay off numbers may be little more than 100. The company did not give the total number of employees working across Finland.

Tata Consultancy Services (TCS) was also part of the service agreement with Nokia. This was part of the phone maker’s plans to cut over 1,000 IT jobs, including 820 employees who were transferred to HCL and TCS. Earlier this month, TCS had said it may lay off around 290 employees working for Nokia.


Why it's not business as usual at HCL Tech

HCL Technologies is running an internal campaign whose goal is to bring the mindsets of the company's top executives in line with the fundamental changes in the global technology outsourcing market.

Called Reset, the initiative is meant to drive home the message that it is not business as usual and that organizations such as HCL Technologies must acknowledge and be able to respond to clients who are no more looking for discrete technology components, but want technology to deliver concrete business value.
Read More at 

Tuesday, June 25, 2013

HCL Tech gains after multi-year engagement with Vestas Wind Systems

Vestas is a global leader in manufacturing, selling, installing, and servicing of wind turbine power-plants.

HCL will provide application development and management and IT-consultancy services to applications run by Vestas as part of this engagement. The services will be delivered to Vestas primarily from India, but also from the Philippines and across locations in Denmark. Besides cost reduction, Vestas IT expects to gain increased flexibility in terms of skills, scale, knowledge and experience and achieve higher quality by using the HCL's best in class processes and services.

Wednesday, June 19, 2013

, , ,

TCS, HCL among front-runners for Pepsi outsourcing contract

Contract, held by HP, up for renewal later this year; may be split and handed out to more than one service provider. Tata Consultancy Services Ltd (TCS) and HCL Technologies Ltd are among the front-runners to win an outsourcing contract from PepsiCo Inc. valued at about $500 million (around Rs.2,925 crore today), according to two people familiar with the development.

The contract, held by Hewlett-Packard Co. (HP), will be up for renewal later this year. It is likely to be split and handed out to more than one service provider mostly for handling infrastructure management services, the two people said, requesting anonymity as they are not authorized to discuss these details.

Pepsi had signed the contract with HP, the world’s largest computer firm, in 2006 for a total value of $100 million for managing its information technology (IT) and data centre operations, according to outsourcing advisory firm Everest Group. Pepsi also has outsourcing agreements with International Business Machines Corp., or IBM, which runs the finance and administration processes of the soft drink maker’s Indian arm.
Source: LiveMint

Tuesday, March 27, 2012

, , , ,

IT cos like Infosys, HCL Tech, Cognizant, Wipro pamper placement officers for best talent

Once reserved for market analysts and key clients, Indian information technology companies are now pampering college placement officers by taking them on domestic and foreign trips as they seek to hire the best talent from Indian campuses ahead of competition.

Over the years Cognizant has been taking placement officers to cities like Bangkok and Dubai while others have been holding their offsites within their campuses. Infosys has also joined the race this year, although with a modest start in domestic locations.

Indian IT firms depend on campus recruits for a bulk of their hiring every year, making job offers to thousands of students every year. In this financial year for instance, Infosys is hiring over 20,000 students from campus while TCS is hiring over 30,000.

Such events, some analysts say are part of efforts to get the best interview slots when hiring from colleges. Infosys, which insiders say lost out in the talent scramble because it failed to get the socalled "slot zero" has now started Samvaad 2012, where the Bangalore-based firm hosts placement officers in Mysore, Pune, Hyderabad, Bhubaneswar, and Chandigarh.

Some 310 placement heads from a similar number of engineering institutions across the country are being invited, according to a company spokesperson. Through the event, Infosys seeks to impart skills, including "negotiation skills" to help these placement officers in their current roles.

Friday, January 29, 2010

, ,

HCL Tech bags Rs 231 cr Meggitt deal

Software company HCL Technologies today said it has received a contract worth around Rs 231 crore from UK-based defence equipment maker Meggitt for providing engineering services.

Meggitt signs $50 million (around Rs 231 crore) global engineering transformation services agreement with the company's engineering and R&D services (HCL ERS) division, HCL Technologies said in a filing to the Bombay Stock Exchange.

"HCL integrates the right capabilities and business models to ensure organisations such as Meggitt establish a competitive advantage," HCL ERS Senior VP and Global Head of Sales & Practice Sandeep Kishore said.

HCL was selected based on its understanding of Meggitt's business challenges and proven track record of partnering with large aerospace and manufacturing companies on highly complex engineering development programmes.

"This strategic initiative will help us respond to the current economic environment while successfully positioning us for future growth," Meggitt's Chief Executive Terry Twigger said.

Meggitt PLC is an international group operating in North America, Europe and Asia, known for its specialised extreme environment engineering. Meggitt is a leader in civil and military aerospace equipment, sensing systems, combat support and defence systems training.

Monday, January 4, 2010


HCL Info bags Rs 110 crore order from Gujarat government

HCL Infosystems today said it has bagged an order worth Rs 110 crore from the Gujarat government to supply and implement biometric attendance and computer aided learning systems in over 7,000 schools across the state.

Under the scope of the contract, HCL will supply personal computers (PCs) with biometric finger print scanner and UPS to over 7,000 schools in the state, HCL Infosystem said in a statement.

HCL Infosystems, which makes, telecommunication and security equipment would also implement the biometric-based attendance system, offer facility management and run teacher training programmes, it added.

Out of the total schools to be covered, over 1,000 schools are under the Tribal Department and 6,000 under the Education Department.

Thursday, December 17, 2009


HCL Axon bags 5-yr GlaxoSmithKline deal

HCL Axon, a division of HCL Technologies, said that it has signed a five-year global IT services deal with pharma company GlaxoSmithKline.

Under the Global Strategic Information Technology Master Services Agreement that HCL Axon has inked with GlaxoSmithKline, the IT company will provide systems integration, SAP implementation and IT consulting services to GSK globally, a release said.

The deal size was however not disclosed. This is one more major global SAP transformation win for HCL Axon since HCL Technologies' acquisition of Axon in December 2008, it added.

"This is an important win for us. It keeps our strategy of becoming the largest global SAP-based business transformation provider firmly on track and confirms the rationale behind the merger with HCL," HCL Axon President Steve Cardell said.

HCL Axon is the world's largest services provider dedicated to SAP solutions, it said.

Thursday, December 10, 2009


HCL Tech bags 5-yr News Corp deal

IT major HCL Technologies said it has bagged a five-year multi-million pound deal from UK-based News International, a part of News Corporation, for providing software services.

"The company has entered into a multi-million pound, five year engagement for providing technology infrastructure management and transformation with News International," HCL Technologies said in a statement.

HCL will be responsible for managing News International's data centre and network environments along with strategically transforming them.

"The focus within New International on reducing operational costs and increasing technology process standardisation requires the best global technology partnerships," News International Technology Services Director Nick Leake said.

News International publishes several newspapers, including The Times, The Sun and The Sunday Times.

"We look forward to applying our technological and industry expertise to support News International's business goals," HCL Tech President Strategic Verticals Sanjeev Nikore said.

HCL Tech is also working with other News Corporation companies. News Corporation, led by media baron Rupert Murdoch, operates in segments such as film, television, cable, magazines, newspapers and publishing.

Friday, December 4, 2009


HCL Tech Inks $200-Mln Pact With UK-Based Insurance Co

India’s fourth largest software exporter, HCL Technologies, Nov 23 said it has bagged a $200 million contract from the UK-based insurance firm Equitable Life Assurance Society.

HCL would provide complete solution to the company, including policy administration, finance, IT operational support and call center services, a HCL statement said.

The deal is expected to help Equitable Life save about eight million pounds in costs in the first year.

“Future savings and predictability of costs mean Equitable Life can reduce its provision for future costs by an amount in excess of 100 million pound, the statement added.

HCL Insurance Business Services Ltd, a part of HCL Tech has signed the deal.

The contract, which comes into effect in March 2011, will deliver substantial cost benefits to Equitable Life’s policyholders through the transfer of core processing and support activities, HCL said.

Equitable Life has over 8 billion pound under management on behalf of over 500,000 policyholders and members of group pension schemes.

“This is a major win for HCL IBS since the acquisition of Liberata Financial Services in 2008 and reflects our position as a leader in transforming our clients’ Life and Pensions operations,” HCL Senior Vice-President Stuart Drew said.

Wednesday, November 25, 2009


HCL opens centre in Brazil

HCL Technologies said it has opened a global IT development centre in Sao Leopoldo, Brazil, to cater to clients across Latin America, North America and Europe.

The centre, which compliments HCL's operations in Sao Paulo, is expected to hire over 300 engineers by 2012, HCL Technologies said in a statement.

The centre will offer a range of services, including enterprise application services, custom applications development and maintenance, and remote infrastructure management to clients primarily in Latin America, North America and Europe, the statement said.

Brazil accounts for more than 40 per cent of the overall IT spending in Latin America. According to global market research and analytics company IDC, spending in IT services activities in Latin America will be more than USD 20 billion in 2009 and will grow to more than USD 25 billion in 2012.

"Brazil offers the perfect balance of cost savings and talent base that allows HCL to serve clients not only in this fast-growing region, but also in the US and Europe," HCL America President Shami Khorana said.

HCL's operation in Brazil is the first in a series of locations the company will establish in Latin America, he added.

HCL Tech bags $200-m deal from UK co

HCL Technologies said it has bagged a long-term deal worth about $200 million from UK-based insurance firm Equitable Life Assurance Society.

“The contract is ‘evergreen,’ it is for a period of 30 years. The revenue from the deal will come (mostly) in the first five to six years and decline gradually as policies decline,” HCL Technologies’ senior vice-president Stuart Drew said.

The deal has been awarded to HCL Insurance Business Services, the IT firm’s UK-based life and pensions administration business.

Currently, about 340 people are servicing the account. “We expect about 100 people will be taken in by Equitable Life, rendering about 240 people surplus. They will be relieved under suitable schemes,” Equitable Life Chief Executive Chris Wiscarson said.

“HCL will take care of the work of these 240 employees, with about 50-70 jobs being taken care of from HCL’s Chennai centre,” he added.

As part of the deal, HCL will provide complete solutions, including policy administration, finance, actuarial services, IT operational support and call centre services.

Saturday, November 7, 2009


Microsoft launches online services in India

Software giant Microsoft today announced the commercial availability of its online services in India at prices starting from $2 (Rs 95) per user per month which will allow small and medium enterprises (SMEs) and enterprise customers to access Microsoft’s e-mail, collaboration, conferencing and productivity capabilities online.

The services, that include Microsoft Online Services product family, offers Exchange Online (for e-mail) and Office SharePoint Online (portals and collaboration), Microsoft Exchange Hosted Services and Microsoft Office Communications Online (for instant messaging and presence), from Saturday.

“Customers can access a suite of products directly from the company website and pay a use-based monthly subscription fee and thus manage their IT needs efficiently and lower their IT spend 10-50 per cent,” said Microsoft’s Business Group President Stephen Elop while launching the services here today.

Microsoft has partnered with HCL Infosystems, Infosys and Wipro to market and offer value-added services around the Microsoft Online Services.

Thursday, October 29, 2009

, ,

HCL may lose BSNL IT contracts worth Rs 1,700 cr

IT firm HCL Infosystems will have to give up two large IT contracts jointly worth over Rs 1,700 cr after the company emerged as the lowest bidder in all the four zones for state-run Bharat Sanchar Nigam’s (BSNL) $1-b IT outsourcing contract. This is because, as per the BSNL tender norms, a single company cannot be awarded more than 50% of the total contract.

After emerging as the lowest bidder or L1 in East, West and South zones, HCL Infosystems has now become L1 for managing BSNL’s IT requirements in the northern region also. But considering the telco’s tender conditions, the IT company can be awarded only a maximum of two contracts thus implying that it can provide solutions to BSNL in only two regions. In all the four zones, HCL’s bid has been supported by HP, which will supply hardware and systems and Convergys, which will provide billing solutions.

HCL Infosystems chief executive Ajai Chowdhry told ET on the sidelines of an event in Delhi that the company has emerged as the lowest bidder in all the four zones adding that BSNL was yet to award the contract. Asked about HCL’s preference for the zones Mr Chowdhry said: “It is for the telco to decide which regions will be allotted to us. We are well placed as far as positioning is concerned”.

“As is the norm at BSNL, the financial bid by HCL Infosystems will be evaluated and it will go through the process of negotiations. The entire procedure will take some more time, after which the contract will be awarded,” Mr Chowdhry added.

Earlier this year, HCL had won Rs 230 cr enterprise resource planning (ERP) contract from BSNL. HCL’s mandated surrendering of two contracts may benefit other IT firms like TCS and Mahindra Satyam. For instance, TCS is the second lowest bidder for south zone and west zone while Mahindra Satyam along with Spanco is next to HCL is L2 the East zone.

In the West zone, HCL’s had bid amount was for Rs 980 cr, followed by TCS which quoted Rs 906 cr and Spanco/Mahindra Satyam at Rs 1,042 cr.

In the East Zone, HCL Infosystems was the lowest bidder at Rs 861 cr followed by Mahindra Satyam/Spanco (Rs 904 cr), TCS (Rs 934 cr) and Prithvi Information (Rs 2,000 cr). In the South Zone, HCL’s bid was of Rs 865 crore, followed by was While TCS’ Mahindra Satyam, Wipro and Infosys bid Rs 906 cr, Rs 1,030 cr, Rs 1,500 cr and Rs 2,000 cr respectively.

This IT outsourcing contract is part of BSNL’s 93-million line GSM project worth over $1 b, for procuring network equipment, tower infrastructure and technology solutions and services. The project was split into four zones to allow companies to bid separately for each zone.

HCL Tech’s Q1 net profit falls 10%

HCL Technologies Ltd on Wednesday said its quarterly profit under US accounting standards fell 10 per cent.

Net income for the three months to September came in at Rs 320 crore, down from Rs 356 crore a year ago, the software services firm said in a statement. Revenue rose 29 per cent to Rs 3,031 crore, it said.

HCL Tech to hike salaries

IT services provider HCL Technologies will increase the salaries of their employees by 0-10 per cent from October 1, which will result in a drop in its gross margin by 130 basis points.

"We have decided to increase the wages of the employees effective from October 1, 2009 by 0-10 per cent and this will result in our gross margin dropping by 130 basis points for the next two quarters," HCL Tech CEO Vineet Nayar said after announcing the first quarter results.

At the end of September 30, HCL Tech's total employee strength stood at 54,443. The company added 665 professionals in the IT services segment during the period.

Further, the company is looking at acquisitions aggressively to 'fill in the gap' in its service areas and offerings.

"Acquisition is a part of our growth strategy. You will see acquisitions hopefully in BPO, enterprise application space, engineering and cloud computing side," Nayar said.

"We have successfully managed five acquisitions in the last 3-4 quarters. Our margins are back to its original level of 19 per cent," he said, adding there is no fixed price tag for the acquisition.

For the first quarter ended September 30, HCL Technologies today reported 18.50 per cent growth in its net profit at Rs 300.75 crore. Shares of HCL Tech were trading at Rs 317.80, down 0.56 per cent in afternoon trade on the BSE.

Monday, October 19, 2009

, ,

HCL Info bags $114 mn Rajasthan govt deal

IT hardware firm HCL Infosystems has been awarded a Rs 529 crore ($114 million) IT project for Rajasthan's power distribution utilities, a top official of the utilities said.

"We have awarded the order to HCL Infosystems," R G Gupta, chairman of Jaipur, Jodhpur and Ajmer Vidyut Vitaran Nigam Ltd, said from Jaipur.

The project involves applying technology to identify power losses across all cities and villages of Rajasthan and has to be completed in 18 months, he said.

A company spokesman declined to comment but said HCL Infosystems had bid for several R-APDRP (Re-structured Accelerated Power Development and Reform Programme) IT projects including the one in Rajasthan.

Thursday, October 8, 2009

, , , , ,

Variable, pay hike make a comeback this Diwali

Salary-earners are seeing their pinched pockets bulging, as companies are untying their purse strings. Top IT companies such as TCS and Infosys are leading a revival of employee-centric HR policies in India Inc marked by high variable payouts, double-digit salary hikes and promotions, less than a year after the global meltdown forced them to slash salaries and freeze hiring.

Buoyed by signs of faster-than-expected economic recovery from India and elsewhere and a jump in demand, a clutch of companies across sectors including carmakers Maruti Suzuki, Tata Motors and Hyundai Motors are busy paying out variable bonuses ahead of Diwali.

Some others, like top white goods maker LG Electronics, biotech firm Avesthagen, consumer products company Dabur and private insurer Bharti AXA Life Insurance are rewarding select employees with salary hikes and promotions.

India Inc has turned its focus back on its people power as companies are looking to expand, encouraged by improved demand and enquiries, BSE Sensex more than doubling in just six months, and signs of faster-than-expected global recovery that made the International Monetary Fund up its forecast for world economic growth in 2010 to 3.1% from 2.5% predicted in July.

This is in stark contrast to just a year ago when the global recession that felled several global financial giants including Lehman Brothers hit India, forcing companies to shelve expansion plans, downsize operations, cut salaries and freeze recruitment.

“In the past 15 months, HR heads were not at all bothered about attrition. But now that several sectors are bouncing back to normalcy, poaching might see a rise. Hence, companies want to secure their talent pool with mid-term hikes and promotions,” said P Dwarkanath, Max India group director (human capital) and a former president of the National HRD Network.

The drive to please employees is most visible in the country’s $60-billion technology services sector that is seeing more business trickling in.

Worst-hit sectors may give hikes

"It is a people-driven industry. At a time when the sector is witnessing positive signs of recovery, such announcements become even more relevant for both the company and employees. This would not only help companies in retaining their existing talent, but attracting new talent as well," said Joy Nandi, client partner, global technology practice, with Delhi-based headhunting firm Korn/Ferry International.

Tata Consultancy Services, the largest IT exporter, for example, has restored variable pay it had cut earlier this year due to a drastic demand slump.

Its main rival Infosys Technologies plans to give higher variable pay for the second quarter, besides declaring salary hikes and promotions across levels in October.

The firm will increase the variable component of employee salary if its overall performance is up in the second quarter, said a company executive requesting anonymity. Infosys will announce its Q2 results on October 9.
TCS did not pay variables in the January-March quarter due to overall decline in performance, while Infosys cut its variable pay by up to 55% in the first quarter. The average variable component in both firms is 30% of an employee's total salary.

The third largest player, Wipro, did not cut any variable pay and will continue to give variable linked with performance, a company executive said. Earlier this month, Mahindra Satyam (erstwhile Satyam Computer Services) announced restoration of variable pay of its 28,000 employees. Satyam had held back variable payouts from April to trim costs as revenues were under pressure.

Zensar Technologies, which employs more than 5,000 people, has hiked salaries by 6.5% on an average on a selective basis, besides paying full variable to 95% of its employees, its CEO Ganesh Natarajan said. With the recovery in economy activating the job markets again, companies in other sectors too are promoting key performers and doling out 8-12% mid-year salary hikes.

Avesthagen, for example, is promoting employees "who have worked overtime during the recession and were loyal to us", according to Villoo Morawala-Patell, its founder and CMD. Similarly, LG Electronics has just promoted a select bunch of employees in the general manager level and gave them a mid-term hike, according to Y V Verma, its HR director. Bharti AXA Life Insurance's HR director Priya Ranjan said the insurer will hand out about 15% hike to some 20-odd employees later this month.

Also, several companies that had last year migrated from half-yearly appraisal cycle to one-year cycle due to the slowdown are returning to six-month appraisal cycle. "For companies who had given measly hikes or cut salaries, a mid-term appraisal provides an opportunity for salary correction," said E Balaji, CEO of executive search firm Ma Foi Management Consultants.

HR circles say the trend is seen in some of the erstwhile worst-hit sectors like real estate, stockbroking and mutual funds. Brokerage firm Angel Broking recently gave 8% hike to its top 5% talent base of 6,200 people.
DLF, the country's largest real estate firm, said it was yet to decide on a mid-term appraisal, while Kolkata-based Ambuja Realty chairman Harsh Neotia said the firm was evaluating it.

Dabur India, which had already hiked salaries in April and July this year, plans to undertake another round of salary correction in January next year. It will undertake mid-term appraisals this month, according to HR head A Sudhakar.

Tyremaker Ceat too plans to go in for mid-term appraisal confirming the fact that companies are no longer fighting shy when it comes to pay packets.

Tuesday, October 6, 2009


HCL Info bags outsourcing deal from Fortis

Hospital chain, Fortis Healthcare today announced a five-year outsourcing deal estimated to be over $15 million with IT major HCL Infosystems for implementing software solutions at all its facilities.

"The deal is part of a five-year agreement under which HCL will undertake complete outsourcing of IT systems and processes of Fortis Healthcare Ltd," Fortis Healthcare vice-president Corporate affair G S Bedi said.

As per the deal, IT platform for all the hospitals in Fortis network will be standardised through the IT system installed by HCL within a period of twelve months and the first hospital will go live by the end of February 2010.

Asked about the size of the deal, Bedi said, the total size of the deal would be more than $15 million and actual cost depends upon the number of facilities group acquires.

As part of the deal, HCL would install software solutions at all Fortis hospitals and would also impart training to its employee, he said.

This deal makes Fortis the first healthcare delivery company in India to undertake complete strategic outsourcing for IT applications and infrastructure management, Fortis said.

"This tie up will create newer benchmarks in the quality of healthcare delivery and patient care and take it to the next level, IT forms the back bone for hospital operations and improved patient care," Fortis Healthcare Managing Director Shivinder Mohan Singh said.

Tuesday, September 29, 2009

, , , , , ,

IT firms pull out all stops on staff training

Indian IT majors may have tightened their belts in various areas to contain costs as a fallout of the global economic slowdown. However, most of them see continuing value when it comes to employee training, even though it skims crores of rupees off their top-lines.

Top tier IT firms — including Tata Consultancy Services (TCS), Infosys Technologies, Wipro and HCL Technologies — have identified the need to train the brains they handpick annually from India’s top engineering colleges and technical institutes as a critical task, even as the industry is seeing a degree of upturn in client demand.

India’s largest IT services provider, TCS, for instance, spends 2 per cent of its revenue every year on training new entrants. Bangalore-headquartered Infosys recently announced the opening of a grand training facility at its Mysore campus. Infosys annually spends over Rs 800 crore on training alone. Wipro spends about 2 per cent of its net sales in providing training to employees.

While Infosys and TCS have, to a certain extent, tried to centralise their training resources, Wipro’s strategy has been of a federal nature to cater to local manpower requirements. Wipro has set up an archipelago of training centres in proximity to its competency centres all over India and overseas.

“Wipro believes in taking learning as close as possible to the learner. Hence, for fresh recruits, training is conducted at the development centres where the employee is to be placed. Training happens primarily at our Talent Transformation Centres in Bangalore, Hyderabad, Pune, Chennai, Kolkata and Kochi,” says Sreekala Ramamurthy, GM (talent transformation), Wipro Technologies. Overseas recruits, she says, are either provided training at the company’s global centres like the Atlanta Development Centre or “...recruits are flown down to our India offices”.

HCL, too, has decentralised its training infrastructure across the globe because its employees are no longer confined to a particular geography or location. According to Anand Pillai, senior V-P and global head (quality, talent transformation & intrapreneurship development), HCL Technologies: “Since learners are spread across the globe, the entire training department is also spread across the world. Our programmes are standardised to cater to global learning challenges and simultaneously manage different cultural nuances and local sensitivities.”

TCS provides an Initial Learning Programme (ILP) at the company’s corporate learning centre in Thiruvananthapuram. “We invest heavily in world-class training for our employees. ILP training is primarily conducted at our corporate learning centre at Thiruvananthapuram for Indian and non-Indian trainees. We replicate our fresher training programme at Guwahati, Bhubaneswar, Coimbatore and Baroda, as well as overseas, to bring scalability to our training model,” says Ajoy Mukherjee, V-P & head (global HR), TCS.

TCS’ new facility, the Peepul Park, is spread over 12 acres of newly acquired land in Technopark. The 3.5-lakh square feet Peepul Park is snazzily designed and also houses a Leadership Development Institute. The ILP Learning Block can accommodate 1,000 employees at a time, a hostel block accommodates 500 people, with a recreation centre and library thrown in. The facility has a capacity of 1,500 people.

The ILP is replicated in overseas geographies for new hires from countries like Australia, China, India, Hungary, Uruguay, the UK and the US. TCS also ensures that it hires people with diverse educational backgrounds and across geographies.

Infosys recently expanded the company’s global training centre, located at its 337-acre Mysore campus, by setting up another dedicated facility (GEC-II) for training. However, Infosys also maintains training infrastructure at all its development centres. The company recently extended the training duration for new recruits (freshers).

“We consider training as an investment in the future. Our investments to enhance our training capabilities are in keeping with future requirements,” justifies S Gopalakrishnan, CEO and MD, Infosys Technologies.