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FT ArcelorMittal Boldness in Business Awards

No contest - HCL Technologies

By Philip Stafford

Published: March 20 2009 00:07 | Last updated: March 20 2009 00:07

HCL Technologies’s willingness to break new ground can be measured by last year’s acquisition of the UK’s Axon Group.

The largest overseas acquisition by an Indian information technology outsourcing company, the deal also overturned one of India’s accepted rules of business - that companies never contest acquisitions.

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