HCL Q1 net dips 35% on higher costs
IT firm HCL Technologies on Wednesday reported a fall of 35.20 per cent in its net profit at Rs. 194.88 crore for the first quarter ended September 30. Besides, the company also appointed Vineet Nayar as Vice Chairman with effect from November 1, 2010. The promotion is in addition to Nayar's current duties as CEO and whole time board member of the company.