HCL Technologies Ltd News

IT shares trade mixed post Accenture earnings; HCL Tech, Infy down up to 4%

IT shares: Analysts expect IT companies to witness moderate improvement in Q2FY27, as macro headwinds from the Middle East conflict continue to weigh on client spending and decision-making.

Indian IT companies acquire GCCs to boost revenue as growth falters

IT services firms are targeting GCCs for scale, steady revenue and domain expertise as weak organic growth and AI put pressure on traditional contracts

Sensex, Nifty set to post worst 9-month show in 15 years

Earlier, in the first nine months of the calendar year 2011, the BSE Sensex and Nifty had plunged 19.8 per cent and 18.9 per cent, respectively.

Nifty IT cracks 11% in Sept; Infy, Wipro, Tata Elxsi trade at 52-week lows

The Nifty IT index has underperformed in September, falling over 11%, as against a 6% decline in the Nifty 50.

HCLTech's arm to acquire Croatia-based Robotiq.ai for 9 million euro

IT services major HCL Technologies on Monday announced that its software business division, HCLSoftware, will acquire Croatia-based enterprise robotic process automation (RPA) platform provider Robotiq.ai in an all-cash deal valued at an enterprise value of 9 million euro (about Rs 98 crore). The transaction will be executed via HCL Technologies Austria GmbH, a step-down wholly owned subsidiary of HCLTech, which will acquire 100 per cent outstanding equity in the firm, according to a regulatory filing. The acquisition is expected to be completed by the end of November 2026. HCLSoftware is seeing increasing enterprise demand for AI systems capable of both reasoning and executing tasks reliably within complex business environments, HCLTech said. By incorporating enterprise RPA capabilities from Robotiq.ai, AI-driven workflows can now automate tasks in applications lacking adequate or available APIs. "We built Robotiq.ai on a simple belief -- automation should be useful, fast to depl

₹31 trn wiped out; nearly 40% of Nifty stocks down over 20% from 52-wk high

18 of the 50 Nifty stocks are trading more than 20 per cent below their respective 52-week highs, with a market cap erosion of ₹31.35 lakh crore in the same period.

HCLTech launches new business unit to help mid-sized firms scale AI

HCLTech Pulse will target enterprises with annual revenues of $500 million to $5 billion, offering AI, data, cloud, cybersecurity and engineering services

Nifty IT slumps 1% as Fed rate hike sparks fresh selling in tech stocks

The weakness in IT stocks was followed by the US Federal Reserve's decision to hike the key lending rate by 0.25 basis points to 3.75-4 per cent.

Infosys, TCS to HCL Tech: AI slowdown calls send Nifty IT pack 5% higher

Indian IT stocks have been one of the biggest casualties of AI boom, having lost 21 per cent on a year-to-date basis.

Nifty IT tumbles 4% as Coforge, US Fed rate hike fears trigger sell-off

n the IT basket, stocks registered declines in the range of 5-9 per cent. Based on the day's low, Coforge emerged as the biggest loser with an 8.7 per cent fall.

HCLTech launches ₹185 crore advanced semiconductor lab in Bengaluru

The 40,000-square-foot facility will offer post-silicon engineering, advanced testing and failure analysis, supporting HCLTech's semiconductor solutions for global customers

Market rout brings dividend stocks in limelight: Time to switch?

Dividend stocks aren't immune to market-wide sell-offs, but their yields create a natural floor for the stock price. As the price drops, the yield rises, which naturally brings in value investors.

Nifty IT tanks 2%; Infosys, Wipro top losers: What's behind the weakness?

So far this month, the IT index remains unchanged. In July, it recorded its best gain in six months following a 17 per cent rise.

Nifty IT index soars 3%; LTM, Coforge, TCS, TechM gain up to 5%; here's why

IT stocks rallied on Friday after Nvidia's strong revenue forecast reinforced optimism around the artificial intelligence (AI) boom.

IT sector Q1FY27 review: Tier-2 firms lead revenue growth amid soft demand

IT Q1FY27 review: As per MOFSL, revenue growth in Q1 was led by Tier-2 pack IT services companies. Tier-1 players grew 0.4 per cent Q-o-Q CC, while Tier-2 players outperformed with 1.8 per cent growth

Nifty IT index slips nearly 2% for second straight day; here's why

In the past one week, Nifty IT index has corrected 4.8 per cent, compared to 1.2 per cent decline in the Nifty 50.

Big orders mask small deal squeeze at Indian IT services companies

Large contracts are supporting deal values at Indian IT firms, but weaker discretionary spending and AI-led pricing pressure are squeezing the flow of smaller projects

No evidence of data breach, impact on clients after hacker claim: HCLTech

IT services major says potentially exposed employee data may be limited and several years old; further investigation is underway and material findings will be reported

After TCS, HCLTech say no evidence of systems breach after hacking claims

HCLTech said there was no evidence of breach of the company's systems or engagement with any of the company's clients

Nifty IT index snaps 3-day losing streak, jumps 2% led by TCS, HCL Tech

IT stocks in demand: Tata Consultancy Services (TCS), Tech Mahindra, LTM, HCL Technologies and Mphasis gain 3 per cent each in intra-day deals on Friday.