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HCL Tech Net In-line; Shares Tank On Global Outlook

Tuesday, October 18, 2011 | More »

HCL Technologies, India’s fourth largest software services firm, slumped as much as 9 per cent on Tuesday, as traders were disappointed by its in-line earnings and hurt by concerns about the global economic slowdown. HCL, which counts Microsoft, IBM, HP and Oracle as partners, said consolidate...