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HCL may lose BSNL IT contracts worth Rs 1,700 cr
Posted by :
pms.swastika
HCL may lose BSNL IT contracts worth Rs 1,700 cr
HCL Infosystems will have to give up two large IT contracts jointly worth over Rs 1,700 cr after the company emerged as the lowest bidder in all the four zones for BSNL $1-b IT outsourcing contract.
Regards
Swastika PMS...
buy
Posted by : NAUGHTY007
26 Oct 2009 12:29
BUY ON DIPS
Posted by : NAUGHTY007
Price when posted : BSE: Rs 168.00 ( -6.35 % ), NSE: Rs. 168.40 ( -6.29 % )
View full discussion
I hope u all r following the buy on dips-buy below 160 and sell at 180+/excellent div play also... ...
BBSNL order of Rs 800 cr
Posted by : rvk41
HCL Infosystems, the domestic business subsidiary of the $5-billion IT group controlled by billionaire Shiv Nadar, has emerged as the lowest
bidder for providing computer hardware and software solutions to Bharat Sanchar Nigam’s western operations, the company’s third such win this year.
HCL emerged as L1, or the lowest bidder at Rs 890 crore, ahead of rivals TCS and Mahindra Satyam, for managing BSNL’s phone lines in the western region.
“Financial bid submitted by HCL will be evaluated and the entire process could take another month after negotiations,” said a person familiar with the transaction. He requested anonymity because he is not authorised to comment about this project. BSNL opened the bids submitted by HCL, Spanco (partnered with Mahindra Satyam) and TCS on Monday. However, a single company cannot execute the IT contract in more than two zones according to BSNL’s contract terms and this could emerge as a potential bottleneck for HCL.
“HCL will have a choice to decide which two zones it wishes to implement the operations support systems (OSS) and business support system (BSS) and the third zone in which it has emerged the lowest bidder will be awarded to the second lowest bidder,” a person familiar with BSNL’s tender norms told ET on conditions of anonymity.
Earlier, HCL won BSNL’s IT outsourcing contracts worth almost Rs 1,800 crore for southern and eastern zones
For information,with regards
rvk41...
BUY ON DIPS
Posted by : NAUGHTY007I hope u all r following the buy on dips-buy below 160 and sell at 180+/excellent div play also...
NSE Announcements on HCL Info
Posted by : MMB MessengerHcl Infosystems Ltd has informed the Exchange that the Committee of Directors (Share Allotment) has on October 23, 2009 allotted 3800 equity shares of Rs.2/- each (at a premium of Rs.127.75 per shares), bearing distinctive No(s) from 251768495 - 251772294 to the employees on exercise of stock options under HCL Infosystems Limited Employee Stock Option Scheme 2000, and Employee Stock Plan 2005....
BSE Announcements on HCL Info
Posted by : MMB MessengerHCL Infosystems Ltd has informed BSE that the Committee of Directors (Share Allotment) on October 23, 2009 has allotted 3800 Equity Shares of Rs. 2/- each (at a premium of Rs. 127.75 per shares) to the employees on exercise of their stock options under HCL INFOSYSTEMS LTD. Employee Stock Option Scheme 2000., and Employees Stock Plan 2005. ...
BSE Announcements on HCL Info
Posted by : MMB Messenger
HCL Infosystems Ltd has informed BSE that the shareholders at the Annual General Meeting (AGM) of the Company held on October 23, 2009, inter alia, have approved the following resolutions:
1. Adoption of audited Balance Sheet as at June 30, 2009 and the Profit and Loss account for the year ended on that date and the reports of the Director and Auditors thereon.
2. Declaration of final dividend of Rs. 1.50 (75%) per fully paid share of Rs. 2/- each.
3. Re-appointment of Mr. Ajai Chowdhry, Mr. S. Bhattacharya, and Ms. Anita Ramachandran, as Directors of the Company.
4. Re-appointment of M/s. Price Waterhouse as Auditors Of the Company.
5. Increase in the remuneration of the Mr. Ajai Chowdhry, Chairman & CEO & Whole-time Director of the Company.
6. Increase in the remuneration of the Mr. J. V. Ramamurthy, Chief Operating Officer & Whole time Director of the Company.
7. Appointment of Mr. Nikhil Sinha as Director with office term subject to retirement by rotation. ...
NSE Announcements on HCL Info
Posted by : MMB MessengerHcl Infosystems Ltd has informed the Exchange that the shareholder of the Company at the Annual General meeting (AGM) held on October 23, 2009 have approved the resolutions relating to the following matters as set out in the notice of the AGM dated September 08, 2009: 1) Adoption of audited Balance Sheet as at June 30, 2009 and the Profit and Loss account for the year ended on that date and the report of the Directors and Auditors thereon. 2) Declaration of final dividend of Rs. 1.50 (75%) per fully paid share of Rs. 2/- each. 3) Reappointment of Mr. Ajai Chowdhry, Mr. S. Bhattacharya, and Ms. Anita Ramachandran, as Director of the Company. 4) Reappointment of M/s Price Waterhouse as Auditors of the Company. 5) Increase in the remuneration of the Mr. Ajai Chowdhry, Chairman & CEO & Whole-time Director of the Company. 6) Increase in the remuneration of the Mr. J.V. Ramamurthy, Chief Operating Officer & Whole time Director of the Company. 7) Appointment of Mr. Nikhil Sinha as Director with office term subject to retirement by rotation....
RALLY AHEAD
Posted by : NAUGHTY007i hope u all booked some profit at 185+ levels- what a wonderful trading oppurtunity-buy on dips and enjoy...
rally
Posted by : NAUGHTY007the next target is 185 which was achieved yesterday intraday-sell some at these levels and keep trailing stop loss-may dip again to buy again...
Raised Rs 47.27 bn via QIBs
Posted by : rvk41
HCL Infosystems, an IT hardware and system integration company today announced that it has raised Rs 47.27 billion via placing shares to qualified institutional buyers (QIBs).
The company has allotted 30,555,713 equity shares of Rs 2 each at a price of Rs 154.69 a share (including a premium of Rs 152.69 a share) to raise the aforesaid amount.
The company has three primary segments, computer systems and related products whose operations comprise the sale of computer hardware and system integration products and providing a comprehensive range of IT services including system maintenance, facilities management etc. in different industries
For information,with regards
rvk41...
NSE Announcements on HCL Info
Posted by : MMB MessengerHcl Infosystems Ltd has informed the Exchange vide its letter dated October 21, 2009 that "The Committee of Directors (Securities) of the Company at a meeting held today has approved the allotment of 3,05,55,713 Equity Shares of Rs.2/- each at a price of Rs.154.69 per Equity Share (including a premium of Rs.152.69 per Equity Share), aggregating to Rs.4,72,66,63,244 to Qualified Institutional Buyers under Chapter VIII of the SEBI Regulations". A copy of the Resolution passed by the Committee shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements)....
BSE Announcements on HCL Info
Posted by : MMB MessengerHCL Infosystems Ltd has informed BSE that the Committee of Directors (Securities) of the Company at its meeting held on October 21, 2009, has approved the allotment of 3,05,55,713 Equity Shares of Rs. 2/- each at a price of Rs. 154.69 per Equity Share (including a premium of Rs. 152.69 per Equity Share), aggregating to Rs. 4,72,66,63,244 to Qualified Institutional Buyers under Chapter VIII of the SEBI Regulations....
BSE Announcements on HCL Info
Posted by : MMB Messenger
With reference to the earlier annoucement dated October 12, 2009 regarding Board Meeting on October 22, 2009 to consider the unaudited financial results for the quarter ended September 30, 2009 and declaration of 1st interim dividend for the financial year 2009-2010, if any, HCL Infosystems Ltd has now informed BSE that the said meeting has been rescheduled & now be held on October 29, 2009 to consider inter alia the following items:
1. unaudited financial results for the quarter ended September 30, 2009;
2. declaration of 1st interim dividend for the financial year 2009-2010, if any, and
3. To take on record the allotment of equity shares allotted pursuant to the QIP and receipt of listing / trading permission, if granted by Stock Exchanges.
Further the Company has informed that, the book closure earlier fixed from November 03, 2009 to November 04, 2009 (both days inclusive) for the purpose of payment of final dividend for the financial year 2008-2009 and also for the payment of the above interim dividend for the financial year 2009-2010 if the same is declared by the Board of Directors at their aforesaid meeting shall be changed to November 06, 2009 to November 07, 2009 (both days inclusive).
...
RALLY
Posted by : NAUGHTY007
WOW WHAT A RALLY PREDICTED
15 Oct 2009 21:41 RALLY AHEAD
Posted by : NAUGHTY007
Price when posted : BSE: Rs 162.05 ( 1.00 % ), NSE: Rs. 162.15 ( 1.06 % )View full discussion
the rally as predicted has started slow and steady-hang on...
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