
Toshiba PC and HCL have severed their 25 year old ties. The Japanese electronics giant has broken a 25-year exclusive alliance with HCL Infosystems.

Toshiba PC and HCL have severed their 25 year old ties. The Japanese electronics giant has broken a 25-year exclusive alliance with HCL Infosystems.

Check out another article on HCL’s famous business philosophy covered at TechBanyan.
NEW DELHI: India’s fourth largest software exporter HCL Technologies has been ranked as the World’s top vendor in the infrastructure space, a recent survey said.
HCL Technologies topped the list of 276 vendors, while beating global and domestic giants like IBM, Accenture, HP, Infosys, TCS, Wipro and Satyam.
HCL Tech is followed by US-based Electronic Data Systems (EDS) and Computer Sciences Corporation (CSC) on second and third positions, according to an annual survey by Brown-Wilson survey for “The Black Book of Outsourcing.”
A total of five Indian companies made to the top-20 list, including Satyam (13), Wipro (14), Infosys (18) and Tata Consultancy Services (20).
HCL Technologies also excelled in the sub-categories like on-site comprehensive, remote comprehensive and desk top support services and storage and servers.

(Pic: HCL’s Shiv Nadar)
Noida, UP: At India’s HCL Technologies, workers get to grade the boss, and everybody can see the ratings
Vineet Nayar, CEO of Indian outsourcer HCL Technologies, needs to work on his time-management skills. Last year, his team rated him 3.6 out of 5 for how well he keeps projects running on schedule. That was among Nayar’s lowest scores from the 81 managers who rated him, and everybody at HCL knows it.
Nayar’s grades, along with ratings for the top 20 managers at HCL, are published on the company’s intranet for anyone who wants to see them. Employees also have the capability to see their own supervisors’ scores. While many companies have “360-degree reviews”—which compile feedback from peers, managers, and underlings—HCL may be the only one in the world that broadcasts the results throughout the organization. That has created no shortage of workplace angst. “There was this whole picture of me that [emerged] as a heavy taskmaster,” says R. Srikrishna, who runs HCL’s U.S. infrastructure services division, of his early results. “It was very unsettling the first time.”

NEW DELHI: IT services firm Perot Systems has retrenched 100 employees in India, a move seen as part of the company’s recently-announced initiative to cut 650 jobs globally. However, Perot India officials termed it as a regular measure to get rid of poor performers.
Announcing its third quarter earnings two weeks ago, Plano, Texas-headquartered Perot Systems Corporation, had said that it would cut 650 jobs globally to lower costs. The company had reported lower-than-expected Q3 results and said its contract with Triad Hospitals, which generated $20million revenue in the quarter, was being terminated as the healthcare company had been acquired by Community Health Systems.
Perot had announced that the job cuts, amounting to about 3% of its over 22,000 workforce, would not come solely from the employees working on the Triad Hospitals contract.
