Page 2 - Hcl Tech

HCLTech CEO Vijayakumar earns $10.85 mn in FY25; tops TCS, Infosys heads

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

Attrition, hiring at IT companies continue to float on choppy waters

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

HCLTech sees rating downgrade post Q1 results, guidance disappointment

Guidance indicates that margins will remain subdued in Q2FY26, as some restructuring cost will spill over

HCL Tech can crack 12% from here; check stock strategy

Technical chart shows presence of strong support for HCL Technologies stock in the ₹1,515 - ₹1,533 range.

Motilal Oswal sector of the week: IT services; check stock picks, targets

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.

HCL Technologies, Tech Mahindra lift veil on Q1 IT industry outlook

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, OpenAI collaborate to drive large-scale enterprise AI adoption

HCLTech signs multi-year collaboration with OpenAI to drive enterprise adoption of generative AI, embedding models across platforms and internal operations

SMIDs show resilience as benchmarks slide amid geopolitical tensions

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

Markets defy geopolitical jitters; IT stocks power Sensex, Nifty higher

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 picks HCLTech as strategic partner for engineering services

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

HCLTech Q4 deal wins boost outlook, analysts see limited stock upside

HCLT is guiding for revenue growth in the range of 2-5 per cent for FY26, on consolidated basis and also its services

Q4 results today: HCL Tech, Tata Communications to post results on April 22

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

Stocks to Watch, Apr 1, 2025: HAL, auto stocks, ABREL, ITC, IndiGo, Gail

Stocks to Watch on April 1, 2025: From Aditya Birla Real Estate to IndiGo, here are few stocks that will be in focus today

BS Manthan: HCL's Ajai Chowdhry to share views on semiconductor play

In a fireside chat at BS Manthan, HCL's co-founder Ajai Chowdhry will share his views on 'Reimagining India's Semiconductor Play'

HCLSoftware designates India as its fifth key global pillar in strategy

Organic and inorganic growth has made it the largest enterprise software player in the country

HCLTech to inaugurate new facility in Hyderabad, to create 5,000 more jobs

Technology major HCLTech, is expanding its global delivery footprint here with the launch of a new tech center that is expected to provide 5,000 additional jobs, officials said. The announcement came after the meeting of Chief Minister A Revanth Reddy and IT Minister D Sridhar Babu with the global CEO and Managing Director of HCLTech, C Vijayakumar, on the inaugural day of the World Economic Forum Annual Meeting here in Davos on Tuesday. The new center in an area of 3,20,000 sqft will be providing cutting-edge cloud, AI and digital transformation solutions to global clients across industries such as hi-tech, life sciences and financial services, an official press release said. "Hyderabad, with its world-class infrastructure and high-quality talent pool, has been a key location on HCLTech's global network. The new center will bring cutting edge capabilities to our global client base and contribute to the local technology ecosystem" Vijaykumar said. He invited the CM and IT Minister

Accenture, TCS, Infosys, HCLTech top 2025 Brand Finance IT Services ranking

Indian IT players are expected to benefit significantly from renewed demand, further strengthening India's position as a critical player in the industry

IT major HCLTech expands its global delivery footprint in Hyderabad

Located in the Hi-Tech City, the 320,000 sq ft facility will house 5,000 people and has received Gold Certification from the Indian Green Building Council

Jefferies, CLSA, Morgan Stanley retain 'Hold' on HCLTech despite Q3 miss

HCLTech declared a dividend of Rs 18 per share, including a special Rs 6 per share dividend to commemorate 25 years since its public listing, marking its 88th consecutive quarter of dividend payouts

Noteworthy changes looming in biz landscape: HCLTech's C Vijayakumar

He highlighted shifting demand dynamics, uncertainty, and the evolving role of generative artificial intelligence (GenAI)