looks so; they talked about the right business model which is lacked by infosys. and they do a good performance while infosys has been loosing its stride.
The sequential rate is only 4%, which is very much reasonable. It is just the news companies wants to make the news attractive and so, they are showing 78% growth by comparing last years result.
I know HCL TECH & HCL INF both are diff co but belong to same group not disclosed distributorship cancellation at right time not informed investors mean poor corp govern. myself invested at higher level booked heavy loss.
I work in HCL. Nothing like that.
HCL is just increasing efficiency and minimal people sit on bench now..if you are on bench, you need to get billed within 3 months otherwise, you salary is deducted (and most probably a person like this will move)....We are winning absolutely huge deals which are not even finding place in market...should i say - deals above a billion dollars!@!
None of the projects executed by HCL or Wipro in Middle East are completed as agreed. This is can of worms to be opened some day.
Wipro or HCL are bidding at rock bottom price and executing the project with 20 freshers and couple of experienced resources. Result - project is a mess, experienced resources run away from company and idiotic inexperienced freshers masquerading as Consultants.