HCL

of business on 10 February 1992 after which it began its operations. Two years later, in July 1994, the company name was changed to HCL Consulting Limited and eventually to HCL Technologies Limited in October 1999. HCL is the abbreviation of Hindustan Computers Limited. HCL Technologies is one of the four companies under HCL Corporation, the second company being HCL Infosystems. In February 2014 HCL launched HCL Healthcare.[19] HCL TalentCare is the fourth and latest venture of HCL Corporation.[20]

HCL Technologies began as the R&D Division of HCL Enterprise,[21] a company which was a contributor to the development and growth of the IT and computer industry in India. HCL Enterprise developed an indigenous microcomputer in 1978,[22] and a networking OS and client-server architecture in 1983.[23] On 12 November 1991, HCL Technologies was spun off as a separate unit to provide software services. HCL Technologies was originally incorporated as HCL Overseas Limited.[24] The name was changed to HCL Consulting Limited on 14 July 1994.[25] On 6 October 1999, the company was renamed 'HCL Technologies Limited' for a better reflection of its activities.[24] Between 1991 and 1999, the company expanded its software development capacities to the US, European and APAC markets