This student has changed their project topic to studying working capital management at HCL, specifically analyzing inventory, cash, receivables, and how working capital is financed. Their industrial guide has instructed them to research prior and current annual reports and the HCL website to gather information for the project's analysis and research.

1. Sir , I have changed my topic to Working Capital Management in which the objective of my
project is mainly to study the inventory, cash and receivable at HCL and how the working capital is
financed . My industrial guide has asked me to grow through the various current and previous year’s annual
reports and hcl websites for research and analysis .
.