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HCL now expects to grow between 4 and 5 per cent on a constant currency basis for the full year, up from 3-5 per cent projected in July
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The IT firm will integrate quarterly variable pay with fixed pay from October, mainly benefiting junior staff, while attrition falls and fresher hiring gains pace
Q2 FY26 company results: SG Finserve, Lotus Chocolate Company, Gujarat Hotels, and Ind Bank Housing are also to release their July-September quarter earnings reports today
HCLTech CEO C Vijayakumar earned USD 10.85 million (about Rs 94.6 crore) in the financial year 2024-25, making him one of the highest-paid executives in the Indian IT sector and surpassing the earnings of chiefs at larger rivals TCS and Infosys. The company's board has also approved an over 71 per cent increase in his current remuneration to USD 18.6 million (about Rs 154 crore) for the next financial year, according to the company's annual report. Vijayakumar's FY25 compensation places him ahead of his peers at India's top two IT firms. For the same period, TCS CEO K Krithivasan's remuneration was Rs 26.52 crore, while Infosys CEO Salil Parekh earned Rs 80.62 crore. Vijayakumar's earnings also topped those of Wipro CEO Srinivas Pallia (USD 6.2 million or about Rs 53.64 crore) and Tech Mahindra CEO Mohit Joshi (Rs 53.9 crore). According to HCLTech's annual report, Vijayakumar's total remuneration in the fiscal year ended March 31, 2025, comprised a base salary of USD 1.96 million a
This comes in a tepid job market, where overall demand remains soft but companies are scrambling to find talent with niche digital skills like artificial intelligence (AI), cloud, and cybersecurity
Guidance indicates that margins will remain subdued in Q2FY26, as some restructuring cost will spill over
Technical chart shows presence of strong support for HCL Technologies stock in the ₹1,515 - ₹1,533 range.
Growth trends across the India IT sector continue to diverge. While Tier-I companies are likely to post flat to marginal constant currency revenue movement, mid-tier firms are expected to outperform.
Quarterly sales across India's computer services and IT firms are projected to have slid 0.6 per cent sequentially, Jefferies analysts Akshat Agarwal and Ayush Bansal said
HCLTech signs multi-year collaboration with OpenAI to drive enterprise adoption of generative AI, embedding models across platforms and internal operations
The market breadth turned negative as 1,546 out of 2,767 traded stocks on the NSE were trading lower, while 1,142 traded with gains, and 79 remained flat
Indian equity benchmarks were trading higher on Monday led by gains in the heavyweight IT stocks including TCS, Tech Mahindra and HCL Tech
Volvo Cars names HCLTech a strategic supplier for engineering services, expanding their partnership to include end-to-end delivery from global centres and Gothenburg hub
HCLT is guiding for revenue growth in the range of 2-5 per cent for FY26, on consolidated basis and also its services
Q4 FY25 company results today, April 22: Mahindra & Mahindra Financial Services, AU Small Finance Bank, and Havells India will be among 17 firms to post earnings report for the January-March quarter
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In a fireside chat at BS Manthan, HCL's co-founder Ajai Chowdhry will share his views on 'Reimagining India's Semiconductor Play'
Organic and inorganic growth has made it the largest enterprise software player in the country