Page 6 - Hcl Tech

HCL Tech to hire 1,300 people in Mexico over next 2 yrs, to open 6th centre

IT company HCL Technologies plans to hire 1,300 people in Mexico over the next two years, according to a statement. The move is expected to strengthen its current employee base of 2,400 people in that country. HCL Tech outlined its expansion plans in Mexico at its 14-year anniversary celebration at Guadalajara, in Mexico and said "the company expects to hire 1,300 people in the next two years". The IT firm will also be opening its sixth technology center in Guadalajara. The new center will significantly expand its presence to serve its growing local and international client base across industries and will focus on creating next-generation digital solutions. "In line with the company's hybrid operating model, the center will embrace an agile workplace," the statement said. The company recently announced a digital transformation partnership with Cemex, a global construction materials company and an integrated IT Services partnership with Neoris, a leading global digital accelerator

HCLTech to boost presence in Mexico; to hire 1300 employees over next 2 yrs

The new centre in Guadalaraja will enable the company to serve its local and international client base across industries

Stocks to Watch: Titan, Dabur, Nykaa, HCL Tech, Mahindra Life, Quess Corp

Stocks to Watch Today: Shares of Titan are likely to be in focus after the company reported 18 per cent sales growth for the September quarter; Dabur may see a downtick owing to earnings warning.

HCL Tech to train up to 18k tech, consulting professionals on Google Cloud

IT company HCL Tech plans to train up to 18,000 technology and consulting professional on Google Cloud to scale up its ability to accelerate digital transformations globally with Google Cloud infrastructure, products and solutions, the company said on Thursday. HCL Tech has been a strategic partner of Google Cloud and formed the dedicated Google Cloud Ecosystem Unit in 2019 to accelerate enterprise cloud adoption at enterprises. The two companies are now expanding their partnership to significantly scale HCL Tech's capacity to support digital transformation and deliver critical migration, legacy system modernizations and professional services for enterprise customers. "HCLTech will train up to 18,000 technology and consulting professionals on Google Cloud, significantly increasing its ability to accelerate digital transformations globally with Google Cloud infrastructure, products and solutions," HCL said in a statement. The partnership will enable two new offerings to help enterpr

Are IT stocks a good contrarian bet from a one-year perspective?

Despite the ongoing selloff and the global macroeconomic stress, analysts say that the IT sector still remains a preferred bet from a long-term perspective

Infosys could announce a buyback along with its Q2FY23 results: Jefferies

However, they have not specified the quantum of the buyback the company could announce. Infosys is scheduled to announce its Q2-FY23 numbers on October 12

HCL Technologies now HCLTech as firm set for 'Supercharging Progress'

The company also launched its new employee value proposition (EVP) - 'Find Your Spark'

HCL Tech lays off over 300 globally working on Microsoft projects

Company silent on layoff details, but sources say those asked to go are from India, Philippines and Guatemala

At Rs 123 cr, HCL's Vijayakumar is the highest paid CEO in Indian IT sector

HCL Tech, in its annual report, said that it provided a remuneration of Rs 123 crore to its chief executive officer (CEO) C. Vijaykumar last year, making him the highest-paid Indian CEO right now

Biz continuity plan in place for Sri Lanka operations, says HCL Tech CEO

HCL Technologies on Wednesday said it has a business continuity plan for operations in Sri Lanka, with adequate flexibility for workloads to be taken over by teams in India and other geographies.

HCL Tech sees attrition easing in couple of quarters: CEO Vijayakumar

In a Q&A, HCL Technologies CEO and MD C Vijayakumar, talks about growth momentum from its majority market the US and managing supply-side issues

HCL Tech Q1 results: Net profit rises 2.4% to Rs 3,283 cr, revenue up 16.9%

HCL Tech had a total contract value (TCV) of new deals worth $2 billion, a growth of 23.4 per cent YoY

HCL Tech margin under pressure over talent crunch as Q1 attrition hits 24%

Top management, while reporting results for HCL Tech Q1FY23 on Tuesday, said attrition rate was "expected to remain high in coming months"

Top headlines: Retail inflation eases to 7.01% in June; May IIP grows 19.6%

Industrial production growth zoomed to 19.6% in May, as per the National Statistical Office (NSO) data.

Sensex sinks 509 pts, Nifty holds 16,050 in across-the-board sell-off

CLOSING BELL: NTPC, Adani Ports, Bharti Airtel, Coal India, Hero Moto, and Bajaj Finance were the only gainers, up in the range of 0.08 per cent to 1.7 per cent

HCL Tech Q1 results preview: Here is what top brokerages expect

On the flipside, the company's Ebit margins are expected to decline by up to 108 bps to 16.9 per cent over the preceding quarter due to elevated attrition.

Stocks to watch: HCL Tech, BoB, Coal India, L&T, Paytm, SpiceJet, Wipro

Stocks to watch today: HCL Technologies will report June quarter results 2022 (Q1FY23) on Tuesday, July 12; Coal India ramped up capex plans to Rs 3,034 crore, up 64.8 per cent in June quarter 2022.

Strong order book, high attrition: What Accenture's Q3 means for Indian IT

Accenture Q3 results: Strong outlook and robust bookings reflect the secular nature of demand for IT services in the near-term, though medium-term risks persist, said analysts

TCS, Wipro, HCL Tech, L&T Tech: JP Morgan downgrades Indian IT sector

The brokerage firm has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over

HCL Tech to acquire Bengaluru-based Quest Informatics for Rs 15 cr cash

Quest currently serves more than 40 global leaders in the aftermarket space with its cloud-enabled aftermarket ERP, field services management, and digital parts catalog product suites