HCL to register a two digit growth in the current FY despite fear of thrid wave
The Hindu
The growth is attributed to strong deals under execution and a rampant hiring momentum
While the anticipated third wave may have some impact on business, HCL Technologies is confident of registering a double-digit growth in the current financial year on the back of strong deal pipeline and hiring momentum, a senior company official said. “I know wave three (of the pandemic) could have some implications, but for the deals which are already booked, they are under execution, I do think we should be fine,” C Vijayakumar, CEO and Managing Director, HCL Technologies, said, replying to a query on impact on business due to the anticipated third wave across markets such as Europe, the US as well as India. Mr Vijayakumar, who was previously the President and CEO of the IT giant, was earlier this week appointed as the company’s CEO and MD for five years, after Shiv Nadar resigned as the MD as well as the Director on completing 76 years of age. Mr Nadar will take on the role of Chairman Emeritus and Strategic Advisor to the company's board.More Related News