INSUBCONTINENT EXCLUSIVE:
HCL Technologies shares ended the day at Rs 1,133.70, lower by 0.6 per cent, on BSEHCL Technologies (HCL) has signed a five-year arrangement
with German multinational chemical company Wacker Chemie AG to develop a modernized digital work environment and improve its
quality-of-service delivery
Wacker's engagement with HCL will lead to significant cost effectiveness through modernization, standardization and automation, HCL said
in a regulative filing to the stock market
We wanted a partner to not only improve our digital improvement journey, but likewise support the 'Wacker Digital Program,' helping us to
end up being a digital leader in the chemical market, HCL Technologies added
Wacker was wanting to change its current sourcing model with a long-term 'Next Generation Managed Service' sourcing model, Dirk Ramhorst,
CIO and CDO, Wacker Chemie AG said.The shares of HCL Technologies ended the day at Rs 1,133.70, lower by 0.6 per cent, on the BSE as against
a 0.29 per cent decline in the benchmark indices.
