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IBM to sell some of its software business to HCL

International Business Machines Corp plans to sell some of its software products business to Indian software services exporter HCL Technologies for $1.80 billion

 
 
The second quarter results for Infosys were expected to be good and the company doesn't seem to have disappointed the analysts.
Software services firm HCL Technologies will invest Rs 750 crore to set up two facilities in Andhra Pradesh that will help create 7,500 jobs in 10 years.
With the couple recently selling Syntel to French technology services major Atos SE for $3.4 billion, their fortunes are going to see a sharp turnaround.
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