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HCL Technologies plans capex of $230 million for FY12
HCL Technologies: Multiple drivers to sustain growth
Analysts believe long-term deals to provide revenue visibility till 2014. By now, it's a known fact that a weak rupee is expected to shore up margins of technology companies. Despite this near-term upside, brokerages like CLSA believe that risks of demand moderation continue. It is in this competitive environment that several deals are expected to come up for renewal. Analysts believe HCL Technologies