Hcl Project Report Essay

Before I begin my documentation I must thank all the people behind the successful completion of my project. I am especially thankful to my industry guide Mr. Vinod Rai for his valuable and enlightened guidance. I am highly grateful to him for providing me an opportunity to undergo the project in his presence. Despite his hectic schedule he showed a keen interest in my research and helped a lot in broadening my vision for the topic. My thanks again go to him for providing me all the required help to compile the data and other information to materialize the study. I am also grateful to my faculty mentor Mr. Tarun Kumar Vashisth for his guidance and kind support throughout the project. I must also not forget to mention the names of people in the organization who pumped me with immense confidence and support without which it would have been impossible to complete the project, hence with warm regards I would like to thank Mr. Sunil Bhatt Mr. Shammi S. Bhatia Ms. Priyanka Ms. Parbhaker PREFACE This project is based on the study of working capital management in HCL Infosystems. An insight view of the project will encompass – what it is all about, what it aims to achieve, what is its purpose and scope, the various methods used for collecting data and their sources, including literature survey done, further specifying the limitations of our study and in the last, drawing inferences from the learning so far. HCL Infosystems Limited (HCL) is a leading domestic computer hardware services company. HCL is engaged in selling manufactured (like PCs, servers, monitors and peripherals) and traded hardware (like notebooks, peripherals) to institutional clients as well as in retail segment. It also offers hardware support services to existing clients through annual maintenance contracts, network consulting and facilities management. The working capital management refers to the management of working capital, or precisely to the management of current assets. A firm’s working capital consists of its investments in current assets, which includes short-term assets— cash and bank balance, inventories, receivable and marketable securities. This project tries to evaluate how the management of working capital is done in HCL Infosystems through inventory ratios, working capital ratios, trends, computation of cash, Inventory and working capital, and short term financing. DECLARATION I Ajay hereby declare that research project submitted to punjabi university, patiala in partial fulfillment of the degree of BBA on Working Capital is the result of my own hard work under continues guidance of Mr. Vinod Rai , HCL CDC Chandigarh.