HCL Infosystems makes 3 new subsidiaries operational
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE In order to enable dedicated focus and customized strategic approach for different businesses, HCL Infosystems has introduced a new Scheme of arrangement with effect from 1st November, 2013. This will help the company to make distribution and services as key growth engines. Under the restructured organization, the Company’s businesses of Solutions, Services and Learning have been transferred to the wholly-owned subsidiaries HCL Infotech Ltd, HCL Services Ltd and HCL Learning Ltd , respectively, while the Products Distribution business would be with the parent entity HCL Infosystems. Harsh Chitale, CEO & Managing Director, HCL Infosystems , said, This restructuring process was initiated with a clear objective of enabling each business to meet its individual requirements and build an organization customized to that business. Now there would be independence as well as accountability for each of the businesses. Th...