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INTRODUCTIONHCL Technologies is a leading global IT services company, working with clients in the areas that impact and redefine the core of their businesses. Since its inception into the global landscape after its IPO in 1999, HCL focuses on transformational outsourcing, underlined by innovation and value creation, and offers integrated portfolio of services including software-led IT solutions, remote infrastructure management, engineering and R&D services and BPO. HCL leverages its extensive global offshore infrastructure and network of offices in 26 countries to provide holistic, multi-service delivery in key industry verticals including Financial Services, Manufacturing, Consumer Services, Public Services and Healthcare. HCL takes pride in its philosophy of Employees First, Customer Second which empowers our 73,420 transformers to create a real value for the customers. HCL Technologies, along with its subsidiaries, had consolidated revenues of US$ 3.3 billion (Rs. 15,160 crores), as on 31 March 2011 (on LTM basis).

HCL is a $5.7 billion leading global technology and IT enterprise comprising two companies listed in India - HCL Technologies and HCL Infosystems. Founded in 1976, HCL is one of India's original IT garage start-ups. A pioneer of modern computing, HCL is a global transformational enterprise today. 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. The HCL team consists of over 79,000 professionals of diverse nationalities, who operate from 31 countries including over 500 points of presence in India. HCL has partnerships with several leading Global 1000 firms, including leading IT and technology firms

HCL TechnologiesWhile HCL Enterprise has a 30-year history, HCL Technologies is a relatively young company formed, 15 years ago, in 1998. During this period, HCL has built unique strengths in IT applications (custom applications for industry solutions and package implementation), IT infrastructure management and business process outsourcing, while maintaining and extending its leadership in product engineering. HCL has also built domain depth through a microverticalization strategy in industries such as Financial Services, Hi-tech and Manufacturing, Retail, Media and Entertainment, Life Sciences, and Telecom.

HCL has created the ability to distribute value across the customer's IT landscape through its well-distributed services portfolio, significant domain strengths, and locally relevant geographic distribution. HCL has the widest service portfolio among Indian IT service providers, with each of its services having attained critical mass.

Our five mature lines of business are R&D and Engineering, Custom Applications, Enterprise Applications, IT Infrastructure Management, and BPO Services. In addition, HCL has recently launched its Enterprise Transformation Service offerings comprising of Business, Technology, Application and Data Transformation the four broad needs of any enterprise. Our ability to synergistically integrate these service lines across the entire IT landscape creates new zones for value creation. Additionally, HCL has created unique service leadership in each of these areas through best-of-breed unique propositions. HCLs leadership in these service areas has been recognized by several leading independent analysts. In 2005, HCL started questioning the linearity of scale-driven business models adopted by service providers (largely in the IT application business). The questioning led us to the belief that the market was rapidly approaching a point of inflection, that is a point where the volume and value proportionality would change, opening up new opportunities for service providers who aspire to focus on value. With this realization, HCL embarked on a transformational journey that focuses on value centricity in customer relationships and on leveraging new market opportunities, while creating a unique employee experience. Hence HCL entered a new phase of evolution transforming it from a volume-driven service provider to value-centric enterprise that turns technology into competitive advantage for all its customers across the globe. Today HCLs new way of doing business is being recognized by Harvard, IDC, Fortune, Forbes, Economist, Business Week and the likes

RecognitionsHCL Technologies Recognised as one of Britains Top Employers for the Fourth Consecutive Year

HCL Technologies Ltd. (HCL), a leading global IT services provider, has been named as one of Britain's Top Employers 2010 by the Corporate Research Foundation (CRF) Institute, the independent business research organisation, for the fourth consecutive year. Recognised alongside other top British employers, including industry peers like IBM and customers such as the Co-Operative Group, HCL achieved consistently high employee feedback scores in CRF's HR Best Practices Survey, which is designed to give deep insights into a company's performance across 11 key areas of HR practice.

Golden Peacock Innovation Award

HCL Technologies Ltd. (HCL), a leading global IT services provider, today announced that it has been conferred with the prestigious Golden Peacock Innovation Award for its MTaaS (a Business Service Management centric service delivery platform) offering in the IT Sector category. HCLs MTaaS offering was chosen amongst more than 188 corporate entries through a stringent selection process. The applications were assessed based on an exhaustive set of parameters and the applicant scoring the highest amongst each of the respective industrial categories were recommended to a three tiered jury

chaired

by

Justice

PN

Bhagwati,

former

Chief

Justice

of

India.

Click here to view the Press Release

Hewitt Best Employers in Asia

Hewitt Associates, a global human resources consulting and outsourcing company, revealed main findings in its annual Hewitt Best Employers in Asia 2009 study today, and named HCL among the 30 organizations in the Asia Pacific region that have made it to the 2009 regional Best list as determined by an independent judging panel in February in Hong Kong. The Hewitt Best Employers in Asia 2009 study was conducted by Hewitt in partnership with Dow Jones and The Wall Street Journal Asia.

Click here to view video

Hewitt Best Employers No.1 in India

The Hewitt Best Employers in India 2009 study examines people management practices in many of Indias leading organizations. It provides insights into how organizations can achieve a real competitive advantage through their people, explores what makes an organization a good place to work, and identifies a shortlist of Hewitt Best Employers in India. HCL has been ranked No.1 in this study.

Click here to view video

HCLs stunning victory at the FT ArcelorMittal Boldness in Business Awards

HCL was presented the prestigious 'Readers Award' in a ceremony that took place in London last week. This is an illustrious award where the winner is selected for their extraordinary commitment to taking a bold and innovative approach to their decision-making and corporate strategies, focusing on emerging markets, the environment, corporate responsibility, entrepreneurship and decisive or innovative strategy. HCL won this significant recognition for the way it went about the Axon acquisition, demonstrating innovation, Click here to view video boldness and thought leadership.

Global

Services

100

2009

HCL Technologies leaders in Human Capital Development

HCL Technologies has been declared Leaders in the category Human Capital Development and is ranked 3rd amongst the 100 best global IT service provider companies that made it to the Global Services 100 list 2009.

In the midst of recession when news about layoffs doesnt shock any more, HCL has won the award for developing human capital. It is the "Employee First Customers Second" philosophy, which placed HCL on top this year right from the fifth position last year.

The Global Services 100 is an annual compilation of the world's most innovative service providers selected on the basis of a research study conducted by Global Services and neoIT, an outsourcing advisory firm. Hundreds of global IT and BPO service providers were invited to participate in this years Global Services

100 survey - Service providers from 17 countries, with delivery centers across 31 countries, comprised the list of participants. Functionally, these providers cover a range of services across IT and BPO, including IT application services, infrastructure, FAO, HRO and contact centers.

Corporate Social Responsibility @ HCLTo give back to the society what we received from it has been the constant endeavor at HCL Technologies. We take pride in being a company with a strong social conscience, and this ideology stems out of the fact that we are closely linked to the communities we operate in. We believe that every drop counts and every step aimed at helping the community is an important step. Our commitment to make a positive difference to the environment or the underprivileged is not about a one off initiative but is a sustained effort to make a visible change to people's lives.

Green@HCLEvery initiative at HCL is conducted or organized with the environment in mind. We believe every organization can play a major role in reducing hazards to the environment, and which is why HCL has joined the national movement of businesses and organizations that are leading the fight against global warming by aligning with Carbonfund.org, one of country's leading c