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Tuesday, January 07, 2014
HCL Infosystems Ltd: The Momentum Picking Up
According to a report published in the Economic Times on 11th December, 2013, HCL Infosystems in order to revive itself, is scaling down its computer business and venturing into distribution of consumer durables like TVs, fridges, washing machines and kitchen appliances. "The rejig is needed to save the company," says Rothin Bhattacharyya, the second-highest executive in the Rs.9,294 crore company.