• Home
  • Terms and Conditions
  • Privacy Policy
  • Copyrights & DMCA
  • Cookie Policy
  • Contact Us
Monday, March 27, 2023
Daw Rimiz
No Result
View All Result
  • Login
  • Home
  • Business
    • Technology
    • Market
    • Gold
    • Stock
    • Money
    • Travel
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Recipe
  • Health
    • Fitness
    • Diet
    • Exercise
    • Sports
  • Lifestyle
    • Fashion
    • Music
    • Kids
  • Services
    • Errand Services
    • Customer Service
    • Care Services
    • Cleaning Services
    • Online Services
    • Office Services
    • Home Services
    • Transport Service
    • Writing Service
  • Pages
    • Terms and Conditions
    • Privacy Policy
    • Digital Millennium Copyright Act Notice
    • Cookie Policy
  • Contact Us
  • Home
  • Business
    • Technology
    • Market
    • Gold
    • Stock
    • Money
    • Travel
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Recipe
  • Health
    • Fitness
    • Diet
    • Exercise
    • Sports
  • Lifestyle
    • Fashion
    • Music
    • Kids
  • Services
    • Errand Services
    • Customer Service
    • Care Services
    • Cleaning Services
    • Online Services
    • Office Services
    • Home Services
    • Transport Service
    • Writing Service
  • Pages
    • Terms and Conditions
    • Privacy Policy
    • Digital Millennium Copyright Act Notice
    • Cookie Policy
  • Contact Us
No Result
View All Result
DawRimiz
No Result
View All Result
Home Services

HCL Technologies wins $1.3 billion contract from Xerox

Donna Gilbert by Donna Gilbert
February 19, 2023
in Services
0
HCL Technologies wins $1.3 billion contract from Xerox

HCL Tech expects to generate $1.3 billion in revenue over the next seven years from its contract with Xerox

The deal marks HCL Tech’s engagement with Xerox, which had first awarded a ten-year contract in 2009.

Article Summary show
READ ALSO
Leading Home Cleaning Service in New York City Launches in Hoboken
Janitorial Cleaning Services Market 2018 Global Industry Size, Demand, Growth Analysis, Share, Revenue, Manufacturers and Forecast 2025

READ ALSO

Leading Home Cleaning Service in New York City Launches in Hoboken

Janitorial Cleaning Services Market 2018 Global Industry Size, Demand, Growth Analysis, Share, Revenue, Manufacturers and Forecast 2025

HCL Technologies wins $1.3 billion contract from Xerox 1

HCL TechnologiesXeroxIT Industry
New Delhi: HCL Technologies Ltd expects to generate $1.3 billion in revenue over the next seven years from its contract with Xerox Corp., the US printer and photocopier giant. Noida-based HCL Tech, which last year surpassed Wipro Ltd to become India’s third-largest IT company, said on Tuesday that the deal marks the renewal of the company’s engagement with Xerox, which had first awarded a 10-year contract in 2009. HCL Tech did not, however, disclose the financial details of the earlier agreement.

“This expanded partnership is a testament to the strong Xerox-HCL relationship that has grown through multiple collaborations over the past ten years,” said C. Vijayakumar, chief executive officer of HCL Technologies.

Under the terms of the contract, HCL Tech will help Xerox in administrative and support functions, according to a statement released by the company.

As part of this contract, HCL will absorb some employees from Xerox.

HCL Tech’s latest deal win is the second mega-deal win for the company in the last four years. It had bagged a $1.6 billion, five-year contract from Swedish automaker Volvo AB in October 2015.

Significantly, HCL Tech’s contract with Xerox is the fifth multi-year mega deal won by Indian IT firms in the last 15 months. The other four contracts have brought in at least $7.2 billion in revenue.

In December 2017, India’s largest IT firm Tata Consultancy Services Ltd (TCS), signed a $2.25 billion, eight-year contract with Nielsen, a TV ratings measurement firm, and followed it up with an over $2 billion, 10-year contract with a unit of Dutch insurer Aegon NV in January 2018. Last June, TCS won a third mega-deal worth $1.36 billion, for over ten years, from a unit of British insurer Prudential Plc.

In September, Wipro won its largest contract, valued at $1.6 billion over ten years, from Alight Solutions Llc, the former benefits administration and HR outsourcing business of Aon Plc.

HCL Tech, which ended with $7.84 billion in revenue last year, expects at-best 9.9% dollar revenue growth in the current financial year, implying that it expects to end FY19 with $8.6 billion in revenue.

On Wednesday, HCL Tech shares rose 0.45% to ₹1,039.25 apiece on the BSE, while the benchmark Sensex ended the day flat at 38,386.75 points.

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Related Posts

Leading Home Cleaning Service in New York City Launches in Hoboken
Cleaning Services

Leading Home Cleaning Service in New York City Launches in Hoboken

March 11, 2023
Janitorial Cleaning Services Market 2018 Global Industry Size, Demand, Growth Analysis, Share, Revenue, Manufacturers and Forecast 2025
Cleaning Services

Janitorial Cleaning Services Market 2018 Global Industry Size, Demand, Growth Analysis, Share, Revenue, Manufacturers and Forecast 2025

March 11, 2023
Although very strict on home cleaning, Romanians wouldn’t pay for professional service
Cleaning Services

Although very strict on home cleaning, Romanians wouldn’t pay for professional service

March 11, 2023
Tank Cleaning Service Market: Strategic SWOT Analysis with Leading business players National Tank Services, Clean Harbors, Tradebe Refinery Services & more
Cleaning Services

Tank Cleaning Service Market: Strategic SWOT Analysis with Leading business players National Tank Services, Clean Harbors, Tradebe Refinery Services & more

March 11, 2023
Global Aircraft Cleaning Services Market to Register a Stout Growth by 2025-end
Cleaning Services

Global Aircraft Cleaning Services Market to Register a Stout Growth by 2025-end

March 11, 2023
Cleaning Services Software Growth Market Trends Analysis By Top Key Players
Cleaning Services

Cleaning Services Software Growth Market Trends Analysis By Top Key Players

March 11, 2023
Next Post
British Electric Bike & Lifestyle Brand Gozer Mobility Announces Expansion Into Indian Market

British Electric Bike & Lifestyle Brand Gozer Mobility Announces Expansion Into Indian Market

No Result
View All Result

Categories

  • Business
  • Care Services
  • Cleaning Services
  • Customer Service
  • Dessert
  • Diet
  • Drinks
  • Errand Services
  • Exercise
  • Fashion
  • Fast food
  • Fitness
  • Food
  • Gold
  • Health
  • Home Services
  • Kids
  • Lifestyle
  • Market
  • Money
  • Music
  • Office Services
  • Online Services
  • Recipe
  • Services
  • Sports
  • Stock
  • Technology
  • Transport Service
  • Travel
  • Writing Service

Recent Posts

  • The Truth About Men’s Fertility and Eating Junk Food
  • Sixteen of the arena’s finest kitchen devices – chosen by means of chefs
  • Digitizing Food Safety: Tracking The Supply Chain From Seed To Store
  • These corals pick out to devour plastic over meals
  • Mangaluru restaurant packages food with banana leaves after appeal via MLA
  • Home
  • Terms and Conditions
  • Privacy Policy
  • Copyrights & DMCA
  • Cookie Policy
  • Contact Us

© 2021-2023 Dawrimiz All Rights Reserved Dawrimiz.

No Result
View All Result
  • Home
  • Business
    • Technology
    • Market
    • Gold
    • Stock
    • Money
    • Travel
  • Food
    • Dessert
    • Drinks
    • Fast food
    • Recipe
  • Health
    • Fitness
    • Diet
    • Exercise
    • Sports
  • Lifestyle
    • Fashion
    • Music
    • Kids
  • Services
    • Errand Services
    • Customer Service
    • Care Services
    • Cleaning Services
    • Online Services
    • Office Services
    • Home Services
    • Transport Service
    • Writing Service
  • Pages
    • Terms and Conditions
    • Privacy Policy
    • Digital Millennium Copyright Act Notice
    • Cookie Policy
  • Contact Us

© 2021-2023 Dawrimiz All Rights Reserved Dawrimiz.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In