HCL Tech to take over Volvo’s IT operations, to rebadge as many as 2600 staff

Industry:    2015-12-07

MUMBAI: HCL TechnologiesBSE -1.66 % will take over about 2,600 employees of Volvo Group as part of a deal to handle the Swedish automaker’s IT infrastructure operations and buy its external IT business. The Volvo Group on Tuesday issued a statement saying it has signed a letter of intent with HCL. The transaction is expected to close in the second half of 2016 once the final contract is signed. “This means that employees within the IT business who join HCL Technologies will .. Read more at: http://economictimes.indiatimes.com/articleshow/49464659.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

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