Page 9 - Hcl Tech

MARKET WRAP: Sensex surges 835 pts, Nifty reclaims 11K; Nifty IT up over 3%

All that happened in the markets today

IT stocks rally; Mindtree, Wipro advance nearly 3%, Tech Mahindra up 2%

Infosys was up 0.7 per cent and HCL Technologies was up 0.5 per cent.

Top headlines: 271 mn Indians out of poverty, Shiv Nadar retires & more

Here are the top headlines of the day

HCL Tech pegs revenue growth at 1.5-2.5% for FY21; wins 11 deals

The Noida-based firm reported a PBT of Rs 3,862 cr, up 31.7% YoY, while it remained flat sequentially

Sensex surges 548 points amid broad-based buying; Nifty ends above 10,900

All that happened in the markets today

US work visa suspension 'unfortunate'; to have 'minimal impact' on ops: HCL

Larger rival TCS had called the move by the US government "unfortunate and unfair"

Sensex loses most gains to end flat after sell-off in Reliance Industries

Indices fall over 2% from day's high

Infosys, HCL Tech, L&T Infotech, Granules, Laurus Labs hit record highs

Reliance Industries, Larsen & Toubro Infotech and Dr Lal Pathlabs from S&P BSE500 index hit record highs today.

HCL Tech starts Sri Lanka operations, aims to create over local 1,500 jobs

A key part of firm's business development strategy there will be to use local talent pool of for global assignments

HCL Tech starts operations in Sri Lanka; to create over 1,500 jobs

A key part of HCL's business and development strategy in Sri Lanka will be to use local talent pool in the country for global assignments

IT firms with higher fixed-price contracts may see lower impact on top line

HCL Tech, Wipro have more than 60% of revenue coming from such contracts, while Infosys has more than 50% share

HCL Tech Noida employee tests positive for Covid-19 on return to India

Staffer placed in isolation ward, firm follows prescribed protocols of sanitisation and contact tracing

Valuation discount brings more comfort to HCL Technologies' investors

FY21 growth outperformance could be a challenge

All deals now about providers taking over legacy landscape: HCL Tech CEO

"We will expand in Canada, France, West Asia, where we have reasonable presence and will continue to expand in South Africa as well," says C Vijayakumar

HCL Tech bets on strong demand across sectors to continue growth momentum

The company, which posted 15.5 per cent rise in revenue in the December quarter, is also seeing strong growth in the European and US markets.

Asian Paints, Berger Paints & 16 other BSE500 stocks hit new highs

Polycab India jumped 6 per cent to hit a new high of Rs 1,109 since its listing on April 16, 2019

HCL Tech sets up separate Google Cloud unit, to ramp capacity to 5,000

HCL currently has more than 1,300 professionals trained on Google Cloud

Top 10 biz headlines: BSNL-MTNL merger, HCL Tech Q2 result, and more

From government announcing the merger of BSNL and MTNL to HCL Tech Q2 net income rising 4.4%, here are the top 10 business headlines on Thursday

HCL Tech Q2 net income rises 4.4% to Rs 2,651 crore, EBIT up 17.9%

On Wednesday, the Noida-based firm reported a 20.5 per cent rise in annual revenue in constant currency to Rs 17,528 crore

HCL chairman Shiv Nadar to be first corporate at RSS Vijayadashmi event

Over the years, the organisation started inviting prominent defence personalities, social workers and artists