Vijay Bhide

Banking Consultant and Derivative trader...topics of interest are finance, cricket & travel.

[Vijay Bhide @VijayBhide]

@udaykotak It's 50 years of good money going down the drain..taxpayers are mute spectators...latest budget pumping in another Rs 70000 towards recapitalisation...nobody is answerable what's ROI on these funds @PMOIndia #Budget2019

[Vijay Bhide @VijayBhide]

@_anujsinghal CAS suggestion - The trades which happen during 15 minutes period should play out on the screen so that whoever wants to trade FNO during that period, are aware where the market is headed & at which level it is likely to close for settlement purposes. #CASKiAwaaz

[Ajai Chowdhry @AjaiChowdhry]

We quit our jobs.

There were six of us — Shiv Nadar, Arjun Malhotra, Yogesh Vaidya, Subhash Arora, D.S. Puri and me.

It was 1976. Startups were not really a thing in India. Venture capital did not exist. Banks were not exactly lining up to lend money to six young men with an idea and no collateral.

And computers? Most people had barely heard of them.

But we believed the microprocessor was going to change the world.

So we took the plunge.

Between the six of us, we managed to put together ₹1.87 lakh. We borrowed, pooled our savings and, in one case, even sold a car.

Our first office was a small barsati in Golf Links, Delhi.

We called ourselves Microcomp. We wanted to build an Indian computer.

There was just one problem.

We didn’t have a manufacturing licence.

That eventually led us to UP Electronics Corporation. They had the licence. We had the technology. And that partnership gave birth to Hindustan Computers Limited — HCL.

But perhaps the most audacious part of the story was what happened next.

We started selling a computer that was still being designed.

We had a brochure and a mock-up of the machine. That was it.

Our sales teams went across India, knocking on doors and convincing businesses to buy into a technology they had never used before.

The first orders came from IIT Kharagpur and IIT Madras.

Then came the harder part — convincing businesses.

In Coimbatore, we were up against DCM DP, a much bigger and more established name. I still remember sitting in the reception area of Premier Mills while the DCM team made its pitch.

We went in second.

And we won.

That one order gave us five more. Then ten.

That was HCL in those early years: not having the biggest balance sheet, the biggest brand or the easiest path — but finding a way.

We were restless.

We looked for gaps. We hired people who had what we called a “cowboy” spirit. We believed that technology had to be made useful and accessible, not intimidating.

And we kept moving.

From building India’s early indigenous computers to taking our business to Singapore when HCL was just four years old. From a small room in Delhi to a global technology company.

When I look back at 50 years, I think about six people sitting together in 1976, wondering if this crazy idea could actually work.

I think about a barsati.

A brochure for a computer that did not yet exist.

And the courage to knock on the next door.

That, to me, is the real HCL story.

50 years later, the technology has changed beyond anything we could have imagined.

But the spirit remains the same:

Dream big. Take the risk. And above all, Just Aspire.

Happy 50th, HCL.

What a journey it has been.

#AjaiChowdhry #JustAspire #HCL #50yearsofHCL #Nostalgic #Founders

[Vijay Bhide @VijayBhide]

@connectgurmeet Sir
How come you missed HDFC Bank which has destroyed wealth of a large number of investors?

[Vijay Bhide @VijayBhide]

@HDFC_Bank at 52 week low today. Any guesses what is ailing this premier bank. Many MFs hold large chunk of this scrip in their portfolio and this situation is negatively impacting investors’ portfolio. @NSEIndia @MFSahiHai

[Vijay Bhide @VijayBhide]

@MrMotilalOswal Sir,
your mid cap fund lost so much of investors money in last 12 months when mid cap funds of other MF houses delivered decent returns. Hope remedial action has been taken

[Vijay Bhide @VijayBhide]

@PrajaktaVerma @mybmc Best wishes

[Vijay Bhide @VijayBhide]

@trendwatch_ Very interesting data

[Vijay Bhide @VijayBhide]

This is the reason why CAS was introduced by SEBI on 3rd August on Stock exchanges in India. https://t.co/GtOaaBTyh6

[Vijay Bhide @VijayBhide]

Despite these inflows INR is not inching up. Does this mean that INR could have hit a century, had these inflows not come into the system ? It’s also possible that current political situation in Delhi is partly responsible for INR not appreciating. Bloomberg holding off Gsec’s entry into global index could be another reason for INR’s present status

[Vijay Bhide @VijayBhide]

@VijayKedia1 @NDTVProfit Sir
Despite your fervent appeal on capital gains taxation and taxes on dividends in the hands of investors, Govt has categorically ruled out your suggestions. But it’s understandable that you are happy as then you would be in good books of government.

[Vijay Bhide @VijayBhide]

@_soniashenoy Nice article
It appears that investors in AI related scrips are looking at a bubble like situation and are unsure how markets would react.

[Vijay Bhide @VijayBhide]

@ShefVaidya We are a democracy and have a right of freedom of speech. It appears you favour a China like authoritarian regime only because of your beloved PM is being trolled. After watching this 👇🏻you will understand why he is trolled https://t.co/ptoGK4tCiB

[Vijay Bhide @VijayBhide]

This is a simple comparison and completely ignores the per capita income of average US citizen. He spends a minuscule percentage of his income on fuel whereas average Indian is required to spend a sizeable part of his income on fuel at present rates. Also a few days back Americans paid a substantial lower for fuel when Brent came down to USD 71. Indians didn’t get that benefit

[Harsh Goenka @hvgoenka]

‘RoKo’ bhaiya! ‘Agar kar’ raha hai koi gadbad, yeh ‘Gambhir’ baat hai. Jo isko sahi raaste mein laayega uski ‘Jay’jaykar hogi!

[Vijay Bhide @VijayBhide]

Last appearance in Australia hitman scored a century in October 2025 at Sydney and today last appearance in England again hitman scored 138 at Lords cricket ground. Highest by an Indian in ODI on this ground. Take a bow Rohit Sharma🫡 @ImRo45 @BCCI

[Vijay Bhide @VijayBhide]

History made at Lord’s cricket ground. Indian women’s cricket team beat England by 270 runs to win first ever women’s test match played at this historic ground. Big congratulations. @HomeOfCricket @BCCIWomen

[Vijay Bhide @VijayBhide]

Every Argentina match is mired in controversy. Today it was a yellow card for Argentina player changed to a Red card for Swiss player after referee watched replay on VAR. Completely bizarre. @FIFAWorldCup

[Vijay Bhide @VijayBhide]

@devinamehra @BanCheneProduct What a bizarre observation !!