
HCL Technologies Ltd
NSE: HCLTECH BSE: 532281
₹1695.30
(1.10)%
Tue, 03 Feb 2026, 10:22 am
Market Cap4548.37B
PE Ratio27.93
Dividend3.22
hcl technologies ltd History
1991
- Incorporated as HCL Overseas Limited.
1992
- Received certificate of commencement of business.
1994
- Changed name to HCL Consulting Limited.
1996
- Formed 50:50 joint venture with Perot Systems.
1998
- Started addressing markets in Europe and Asia Pacific.
1999
- Changed name to HCL Technologies Limited.
- Announced public issue of 1,42,00,000 equity shares.
- Signed five-year contract with Gtech and KLA-Tencor.
- Created wholly-owned subsidiary HCL Technologies America.
2000
- Set up offshore development center in Chennai for KLA-Tencor.
- Set up offshore development center for Conexant.
- HCL Comnet to invest Rs 20 crore in Delhi network operation center; tied up with HP.
- Invested in five venture capital funds.
- Approved equity share split from Rs 4 to two Rs 2 shares.
- Entered tie-up with BroadVision as distributor.
- Launched second Nokia professional center in New Delhi.
- To acquire 40% stake in Indian networking product company.
- Planned software technology development center in China.
2001
- Signed five-year agreement with NCR Corp.
- Signed agreement with Toshiba for offshore development center.
- Entered strategic alliance with Vitesse Semiconductor.
- Set up dedicated offshore center for Vitesse Semiconductor.
- Announced acquisition of 90% stake in Apollo Contact Centre for $11.5 million.
- HCL Perot set up development centers in UK and US.
- Appointed Anupam Puri to board.
2002
- Acquired 100% of Gulf Computers Inc., USA.
- Formed strategic technology JV with Jones Apparel Group.
- Entered JV with m.a. partners for global finance markets.
- Announced strategic alliance with Sento Corporation.
- Vineet Nayyar resigned from board.
2003
- Anupam Puri resigned; inducted Amal Ganguli, Cyril Shroff, Subroto Bhattacharya.
- Partnered with Alayance for Enterprise Application Integration.
- Signed agreement with SuperH Inc. and joined SuperH Design Agency Program.
- Approved Scheme of Arrangement with HCL Infosystems and HCL Infinet.
- Received $160 million BPO deal from BT Group.
- Inked pact with Questa Corp.
- Won Airbus mandate for A-340 embedded software.
- HCL Comnet secured Rs 31 crore order from NIC.
- Partnered with Magma Design Automation.
- High Court sanctioned Scheme of Arrangement.
- Joined Xilinx Xperts program.
- Signed multi-year IT co-sourcing contract with AMD.
- Allotted 7,075,154 equity shares pursuant to Scheme of Arrangement.
- Changed registered office to Nehru Place, New Delhi.
- Divested stake in HCL Perot Systems to Perot Systems for $105.3 million.
- Ambassador Richard Burt retired from board.
2004
- Bought out 49.5% equity in Aircom HPS Wireless Services.
- Delisted from Delhi Stock Exchange.
- Set up Insurance Solutions Center in Chennai.
- Entered strategic tie-up with IBM Rational Software.
- Appointed Stuart Drew as Director Europe Global Insurance Practice.
- Named Microsoft Global Systems Integrator Partner.
- Unveiled RFID asset management solution at ESEC Tokyo.
- Received Excellence in Education Award from LOMA.
- Chennai BPO center received BS7799 certification.
- Introduced CrosSView CSV methodology.
- Delisted from Madras Stock Exchange.
2005
- Entered agreement with Agere Systems.
- Formed partnership with Compuware.
- Signed MoU with SCFBio at IIT Delhi.
- SEBI tied up for market surveillance solutions.
- Formed joint venture with NEC Japan.
- Launched easy Labelling Solution for US FDA SPL.
- Partnered with Talent & Pro for banking and insurance solutions in Europe.
- Announced strategic partnership with EXA Japan.
- Infrastructure Services Division ranked Strong Performer in Remote Infrastructure Management.
2006
- Signed distribution agreement with Qumas.
- Partnered with Wavesat.
- Launched RoHS Compliance Management System.
- Entered $70 million outsourcing deal with Teradyne.
- Launched Trusted ICT Infrastructure Platforms for BPO-ITeS.
- Appointed Karan Puri as Sr. VP Retail, Media & Entertainment in North America.
- Signed alliance with Sage for private wealth management solutions.
- Inked pact with Celestica for electronic product design and manufacture.
2007
- Formed strategic alliance with Eckler for insurance expertise.
- Signed agreement with Advanced Electronics Company for IT projects in Saudi Arabia.
- Announced $15 million contract with Alenia Aeronautica.
- Appointed Vineet Nayar as CEO; Shiv Nadar as Chairman and Chief Strategy Officer.
- Issued bonus shares in 1:1 ratio.
2008
- Completed acquisition of UK-based Axon.
- Launched on-demand software testing lab.
2009
- Entered five-year IT infrastructure management with Energy Future Holdings.
- Signed Rs 393 crore, 7-year IT services deal with National Insurance Company.
- Secured outsourcing contract from MTV Networks.
- Received International Investor of the Year Prize.
- Emerged as Most Admired Knowledge Enterprise winner.
- Opened Global Development Center in Brazil.
2010
- Announced partnership with nMatric for shopfloor solutions.
- HCL AXON launched iControl for utility web enablement.
- Entered strategic partnership with Talisma.
- Launched fastest laptop.
- Signed $50 million global engineering deal with Meggitt.
- HCL AXON signed GTM partnership with NextLabs.
2011
- Entered strategic partnership with Tangoe.
- Lippo and HCL signed MoU in presence of Indonesian President.
- Opened Global Enterprise Mobility Lab in Singapore.
- Launched CataLOG supply chain platform for SMEs.
- Launched ACE SmartCare Solution at HiMss.
- Tied up with Orion Edutechs.
2012
- Selected by Statoil for strategic infrastructure management services.
- Entered strategic relationship with State Street for BPO services.
- HCL BPO Services announced consultation on redundancy proposals in Northern Ireland.
- Entered strategic relationship with Great American Insurance Group.
- Won ICD 10 transformation deal with Blue Shield of California.
- Partnered with Cisco to open South Africa Centre of Excellence.
2013
- Signed long-term IT services agreement with Nokia.
- Signed multi-year, multi-million dollar partnership with Cobham Plc.
- To provide business transformation services to Husqvarna Group.
- Received Pegasystems Healthcare Partner Excellence Award.
- Opened Michigan Technology Development Center.
- Won ITSMA Diamond and Gold Awards for Marketing Excellence.
- Received PHD Chamber Good Corporate Citizen Award.
2014
- Received Best Governed Company Award from Asian Centre for Corporate Governance.
- Won CNBC-TV18 India Business Leader Award for Outstanding Company.
- Won HR Excellence Award.
- Launched CTO Straight Talk.
2015
- Opened Global Delivery Centre in Oslo.
- Opened new Global Delivery Center in Frisco, US.
- Certified as Top Employer in UK for ninth consecutive year.
- Formed strategic alliance with Tele2.
- Launched cXstudio with Aegon.
- Celebrated 10 years of engagement with Merck & Co.
- Entered Asset Purchase Agreement with Trygstad.
- Won five-year IT Managed Services contract with SAI Global.
- Announced United Xperience Lab for digital co-innovation.
- Acquired US-based PowerObjects.
- Allotted bonus shares in 1:1 ratio.
2016
- Bagged global IT transformational deal from Alstom.
- Acquired workplace modernization provider P2P.
- Acquired stakes in two major companies.
- Won Everest Group Service Provider of the Year.
- Signed IT contract with Husqvarna AB.
- Bagged NLP award at AIconics awards.
- Won contract from Synergy.
- Awarded major IT contract by Western Australia energy retailer.
- Won Best Testbed Award by IoT Solutions World Congress.
2017
- Acquired Butler America Aerospace, LLC.
- Positioned by Zinnov as leader for digital services in retail.
- UBS AG renewed global finance operations deal.
- Positioned by Everest Group as leader for retail banking BPO.
- Named fastest growing IT services brand.
- Certified as Top Employer in UK for eleventh consecutive year.
- Announced HCL Technologies Grant 2017 winners.
- Won Everest Group Service Provider of the Year award.
- Renewed IT services engagement with Singapore Exchange.
- Recognized as leader in IAOP Global Outsourcing 100.
- Joined Duck Creek Global Alliance Program.
- Achieved AWS Storage Competency status.
- Launched A.I.-powered transformation platform.
- Entered strategic partnership with Alpha Insight.
2018
- Bagged IT infrastructure services contract from Cadent.
- Named leader for digital services by Everest Group.
- Unveiled flexible 5G and mobile backhaul solution.
- Signed deal with Statkraft.
- Opened state-of-the-art technology development center.
- Acquired C3i Solutions for $60 million.
2019
- Won NASSCOM BPM Customer Excellence Awards.
- Collaborated with IBM to accelerate hybrid cloud journey.
- Announced acquisition of US-based Strong-Bridge Envision.
- Expanded strategic partnership with Xerox.
- Partnered with Google Cloud for hybrid cloud services.
2020
- Launched dedicated Microsoft business unit.
- Announced entry into Sri Lanka with global delivery center in Colombo.
- Opened first Innovative Cybersecurity Fusion Center in Europe.
- Named Leader in Gartner Magic Quadrant.
2021
- Inked 5-year Digital Workplace Services agreement with Airbus.
- Announced special bonus to employees.
- Inked multi-million dollar deal with UD Trucks.
- Recognized as Leader in Edelweiss ESG Scorecard & Ratings.
- Inked multi-year agreement with Fiskars Group.
- Announced strategic partnership with The Mosaic Company.
- Named to World's Best Employers List.
2022
- Launched new brand positioning 'Supercharging Progress'.
- Partnered with Purdue Global for higher education program.
- Expanded partnership with Google Cloud.
- Achieved SAP certification for IMRO/4 integration with SAP S/4HANA.
- Partnered with SR Technics to digitally transform operations.
- Named Technology Company of the Year.
2023
- Announced acquisition of German automotive engineering services company ASAP Group.
- Rated as leader in ISG Provider Lens - Analytics Services, US.
2024
- Completed acquisition of Communications Technology Group assets from HPE.
- HCL Foundation and UPNEDA signed MoU for green projects in rural areas.
- AquaSphere solution won SAP Pinnacle Award.
- Launched AI Force to accelerate time-to-value in software development.
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