Madras University accords First-Right-to-Placement to HCL Technologies
Under the ‘Lakshayam – Powered by HCL’ program, HCL will conduct employability drives for students across various disciplines at the Madras University campus and at the campuses of its affiliated collages. Selected candidates will be extended Letters of Intent to undertake a three month On-the-Job-Training at HCL’s Business Services division. During the training period, students would be paid a stipend and on completion of training, these students would be put through operational assessment. On successfully completing the operational assessment candidates would be inducted into HCL as full-time equivalents.
“I am delighted with this exclusive partnership between HCL and Madras University. HCL as an organisation has always been committed to developing new platforms for improving employability and growth opportunities for the youth of the country and this partnership is yet another testimonial of our efforts in this direction,” said D K Srivastava, Corporate VP & Global Head, HR, HCL Technologies Ltd.
“Madras University is one of the oldest universities of southern India. This University has been growing from strength to strength while widening its teaching and research activities and has over 1.5 lakh students across our affiliated colleges. We are extremely proud and happy to associate with HCL as it goes forth and pioneers powerful initiatives to build capability and employability in the youth of India,” said Col. Dr. G. Thiruvasagam, Vice Chancellor, Madras University. HCL is known worldwide for its excellence in human capital management. Its philosophy of ‘Employees First, Customers Second’ has been recognised by academics, analyst and experts across the globe for its pioneering emphasis on employees as the focal point of the organisation. The company has previously been declared India’s No.1 Employer by Hewitt Associates and has also been adjudged amongst the top 25 employers in APAC by Hewitt and amongst UK’s TOP Employers by CRF Institute.
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About University of Madras
Certain statements in this release are forward-looking statements, which involve a number of risks, uncertainties, assumptions and other factors that could cause actual results to differ materially from those in such forward-looking statements. All statements, other than statements of historical fact are statements that could be deemed forward looking statements, including but not limited to the statements containing the words 'planned', 'expects', 'believes', 'strategy', 'opportunity', 'anticipates', 'hopes' or other similar words. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding impact of pending regulatory proceedings, fluctuations in earnings, our ability to manage growth, intense competition in IT services, Business Process Outsourcing and consulting services including those factors which may affect our cost advantage, wage increases in India, customer acceptances of our services, products and fee structures, our ability to attract and retain highly skilled professionals, our ability to integrate acquired assets in a cost effective and timely manner, time and cost overruns on fixed-price, fixed-time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, the success of our brand development efforts, liability for damages on our service contracts, the success of the companies /entities in which we have made strategic investments, withdrawal of governmental fiscal incentives, political instability, legal restrictions on raising capital or acquiring companies outside India, and unauthorized use of our intellectual property, other risks, uncertainties and general economic conditions affecting our industry. There can be no assurance that the forward looking statements made herein will prove to be accurate, and issuance of such forward looking statements should not be regarded as a representation by the Company, or any other person, that the objective and plans of the Company will be achieved. All forward looking statements made herein are based on information presently available to the management of the Company and the Company does not undertake to update any forward-looking statement that may be made from time to time by or on behalf of the Company.
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