Hcl Tech

HCL opens 2 development centres to support Rapidus' chip engineering needs

Indian IT services firm HCL Technologies and Rapidus Corporation on Monday inaugurated two HCLTech development centres in India to support the Japanese chipmaker's growing semiconductor engineering needs. The centres, located in Bengaluru and Hubli, will draw on HCLTech's core engineering expertise to offer Rapidus a range of capabilities, including mask design, design infrastructure, process design kit development, design technology co-optimisation and layout design. HCLTech and Rapidus Corporation, a Japanese company developing and manufacturing advanced logic semiconductors, inaugurated two HCLTech development centers in India dedicated to supporting Rapidus' evolving semiconductor engineering requirements, according to a release. HCLTech will also collaborate with Rapidus to build a pipeline of Indian engineering talent to meet Rapidus' evolving talent requirements in Japan. Atsuyoshi Koike, Representative Director and CEO, Rapidus Corporation said: "Through this collaboration

AI at inflection point, future belongs to those who reinvent: HCLTech CEO

As artificial intelligence reshapes the technology industry, HCL Technologies (HCLTech) CEO and Managing Director C Vijayakumar has said the sector has reached another "inflection point" with AI, and that the future belongs not necessarily to the largest, but those willing to keep reinventing themselves. He made the remarks in a LinkedIn post marking ten years since he took charge of the IT services major. Vijayakumar described a decade as a long time in the technology industry, during which industries have been reinvented, business models disrupted, and the boundaries of what is possible have shifted repeatedly. Looking ahead, he tied the company's path directly to the AI moment. "Today as AI reshapes our industry, we are once again at an inflection point," he wrote. He added that his firm belief has been that the future belongs not necessarily to the biggest, but to those willing to continually reinvent themselves. "That conviction has never been stronger," he wrote, adding tha

IT companies add 16,055 employees in H1FY27, but demand remains weak

Hiring gains reflect fresher intake and selective skills requirements, with experts warning that AI-led shifts and subdued demand continue to weigh on jobs

Zensar, HCL Technologies rebounded from 100-month EMA support, says analyst

Virat Jagad, technical research analyst at Bonanza, flags that HCL Technologies and Zensar Technologies witnessed buying interest at their respective 100-month exponential moving averages on the chart

Stocks to watch: HCLTech, RBL Bank, IRCON, TMPV, Hero Motors, Nazara Tech

Tata Elxsi, Hero Motors, Anand Rathi Share and Stock Brokers, Den Networks, GTPL Hathway, PNB Gilts, ICICI Prudential Life Insurance will announce their quarterly earnings on October 13.

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

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.

Stocks to watch: Wipro, Hero MotoCorp, HDFC Bank, Tata Motors PV & more

Stocks to watch today: IT services major HCLTech said it had collaborated with chemicals and biotechnology company Wacker Chemie to set up its global capability centre (GCC) in Pune.

Odisha to house HCLTech's first data centre; ₹15,000 cr AI push planned

A first of its kind project in India, the facility will provide secure, scalable and inclusive digital infrastructure for government, research institutions, startups and enterprises

HCL Tech shares fall 3% despite Q1 beat; deal wins keep analysts upbeat

HCL Tech reported a 20.3 per cent increase in net profit for the first quarter to ₹4,624 crore on a year-on-year basis. Revenue for the quarter was up 13.9 per cent to ₹34,579 crore.

Q1 results: HCL Tech, ICICI Prudential AMC and 13 more on July 13

Q1FY27 company results: Firms including Nuvoco Vistas Corporation, Bajaj Consumer Care, Khaitan Chemicals & Fertilizers and Plastiblends are also to release their April- June earnings today

HCLTech wins $1.14 billion deal from Fortune Global 50 European client

IT services major HCLTech on Friday said it has secured a USD 1.14 billion deal from a Europe-headquartered Fortune Global 50 company to transform and manage its digital workplace and enterprise networks. HCLTech did not disclose the name of the firm. Under the partnership, HCLTech will establish an Artificial Intelligence (AI)-driven operating model for the client, according to a regulatory filing. The initial term of the agreement spans five-and-a-half years, from July 2026 to December 2031, with an option to extend the partnership for a further period of five years. "The estimated value of the agreement during the initial term is USD 1.14 billion. This is entirely a net new business for the company," HCLTech said.

Stocks to Watch today: Airtel, Adani Power, Vedanta, Rajesh Exports, IRFC

Stocks to watch today: Bharti Airtel, Adani Power, Vedanta, Rajesh Exports, HCLTech, IRFC, Swiggy, Bandhan Bank, Torrent Power, Hindustan Copper, Tata Steel, and others will be in focus today.

HCL Tech's gains from Sarvam AI bet hinge on execution and scale-up

Brokerages see strategic benefits from HCL Tech's investment in Sarvam, though long-term returns will depend on the AI firm's ability to scale and execute effectively

Sovereign models for large nations to be strategic asset: HCLTech CEO

HCLTech's bet on Sarvam AI is aimed at tapping the sovereign AI opportunity in India and globally, says CEO C Vijayakumar

AI deals are rising, but earnings lag: What lies ahead for Indian IT stocks

Indian IT stocks have fallen up to 34 per cent in 2026 as AI disrupted outsourcing model. Analysts remain cautious on FY27 outlook. They prefer TCS, Infosys, HCLTech, Coforge

Q4 result today: Nestle, HCL Tech, Tata Elxsi, among 16 firms on April 21

Q4FY26 company results: Firms including Persistent Systems, Tata Investment Corporation, Cyient DLM, and Sunteck Realty are also to release their January-March earnings today

Nifty IT up 2%; Wipro, Infy, TCS rise up to 4% as investors eye Q4 results

All 10 constituents of the Nifty IT index were trading sharply higher. Mphasis, Wipro, Oracle Financial Services Software, HCL Tech, and TCS rose over 2 per cent each

Fed pause, inflation risks drag IT stocks; TCS, Wipro, HCL drop up to 3%

Indian IT firms derive a major portion of revenue from the US market, making them sensitive to changes in interest rate expectations and inflation trends

HCLTech Chennai employees asked to work from home amid LPG crisis

IT services firm allows employees at its Chennai centre to work from home as LPG shortages disrupt canteen operations; some peers also see limited food services