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HCL ‘Eating Other Businesses’ Lunch’: CEO

May 01, 2011

“There is a significant churn of business moving away from the existing business towards innovative companies like HCL, so I would classify it as we’re eating somebody else’s lunch rather than the lunch pool is going up,” Vineet Nayer, CEO of HCL Technologies, told CNBC. HCL has expanded its margins in the last two quarters and is expecting to do so again in the coming one.

Source: http://www.cnbc.com/id/15840232?video=1902686483&play=1
 
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