HCL Tech enters into agreement with Stellar Asia Pacific

"As per the agreement, HCL and Stellar will target new industries and provide an expanded offering to both new and existing clients in the Australasian market," Stellar Asia Pacific CEO John Hollingsworth said.

Through this partnership, HCL and Stellar would jointly offer compelling business services and outsourcing proposition to clients by leveraging HCL's back office and technology product capabilities which complement Stellar's customer relationship management services, HCL Tech said in a filing to the Bombay Stock Exchange.

HCL and Stellar would target specific industry segments such as banking and financial services, telecommunications, manufacturing, utilities services, retail and media, the filing added.

"Our clients will benefit from the combination of HCL's and Stellar's leading technology and services. This initiative is part of HCL's aggressive strategy to expand its global delivery footprint to offer the blended delivery option to global clients," HCL Technologies Corporate Vice-President Rajiv Swarup said.

Stellar is a leading global provider of call centre and business process outsourcing solutions. Stellar operates 16 outsourcing centres around the world that collectively employ more than 5,000 staff and manage over 300 million customer interactions and 100 million transaction processes every year.

Shares of HCL Technologies were trading at Rs 405.85 on BSE, up 1.88 per cent from previous close.