About HCL Technologies

HCL Technologies (HCLTech) is a leading Indian multinational IT services and consulting company founded in 1976 by Shiv Nadar and seven other engineers. Originally established as Hindustan Computers Limited, it started as a hardware firm and developed one of India’s first microcomputers by 1978, predating even the IBM PC. The company pivoted to software services in 1991 with the launch of its software unit, later renamed HCL Technologies Ltd in 1999 to reflect its broad IT services focus[1][2][3]. HCLTech has grown into a global technology powerhouse, employing over 226,500 people across 60 countries. It offers a comprehensive portfolio including AI, cloud computing, digital engineering, cybersecurity, IoT, and software products. Its client base spans industries such as financial services, manufacturing, healthcare, telecom, retail, and public services. As of September 2025, HCLTech reported consolidated revenues of $14.2 billion, highlighting its significant market presence[6]. Key milestones include pioneering remote infrastructure management with a major digitization contract for the National Stock Exchange of India in 1993, rapid global expansion in the 2000s, and a culture transformation under CEO Vineet Nayar in 2007, who introduced the innovative “Employees First, Customers Second” philosophy. Notably, in 2018, HCLTech re-entered the products space by acquiring IBM software brands, reaching $1 billion in product revenue soon after. It has been recognized by Forbes as one of the world’s best employers and awarded Corporate Citizen of the Year in 2022 by The Economic Times, underlining its commitment to sustainability and governance[1][3][6]. HCLTech’s consulting arm, historically branded as HCL Business Consulting, focuses on digital transformation and business advisory, supporting enterprises worldwide to leverage technology for strategic advantage[1][4]. Its global reach, innovation-driven culture, and diversified service portfolio make HCL

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H-1B Visa Fee Hike and Its Impact on the Indian IT Sector

23 Sep 2025 14 views

#h-1b visa #indian it sector #economy

The Trump administration has announced a hike in the H-1B visa fees, causing concern for Indian IT outsourcing firms and the overall economy.