HCL Technologies has terminated Joint Venture Agreement (JVA) with Great American Insurance Company (GAIC). The JVA between HCL and GAIC has been terminated on mutual understanding to reduce financial / operational overheads. The JVA has been terminated on January 4, 2018.
Earlier in September 2011, HCL Technologies had entered into a JVA with GAIC, company incorporated and registered in Ohio, USA for formation of an entity in India - HCL Eagle, a company incorporated in India for providing technological support services to GAIC and its subsidiaries.
HCL is a leading global IT services company that helps global enterprises re–imagine and transform their businesses through Digital technology transformation.
