Date:02/01/2009 URL: http://www.thehindu.com/2009/01/02/stories/2009010255601400.htm

Business

HCL opens office in Israel

JERUSALEM: HCL Technologies is opening an office in Israel at one of its high-tech parks, business daily ‘Globes’ said. The Indian software firm has rented a 400 sq. m. office in Yokneam from Meshulam Levinstein Contracting and Engineering along with 15 parking places on a five-year lease with an option to extend the term by the same duration. HCL will be paying its Israeli contractors a rent of about $6,700 a month.