Hcl Technologies

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

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 Q2 net profit rises 21.2% to ₹5,132 cr, revenue climbs 11.5%

The company's performance beat analysts' estimates. Bloomberg analysts had estimated revenue at Rs 35,601 crore and net profit at Rs 4,856 crore

HCL Tech Q2 preview: 6 key things to watch out for in IT major's earnings

HCL Tech's board would consider the payout of a third interim dividend for FY27, along with Q2 results.

IT sector braces for fourth year of weak growth amid geopolitical, AI risks

Growth is expected to be muted as customers remain cautious on discretionary technology projects, though recent results from Accenture Plc offered some encouragement

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.

Infosys, TCS to HCL Tech: AI slowdown calls send Nifty IT pack 5% higher

Indian IT stocks have been one of the biggest casualties of AI boom, having lost 21 per cent on a year-to-date basis.

TCS, Infosys, HCL Tech, Tech Mah: Which IT stock is worth your portfolio?

Laxmikant Shukla, technical analyst at YES Securities maintains a constructive view on HCL Tech, Tech Mahindra and TCS, and predicts up to 14 per cent upside for these stocks.

HCLTech likely to build its first India data centre in Odisha's Bhubaneswar

HCLTech plans a ₹730 crore AI-optimised data centre and Global Development Centre in Bhubaneswar, creating 6,000 high-skilled jobs and boosting digital infrastructure

HCL, ACME lead ₹4,574 cr Odisha investment push; 23 projects approved

The State Level Single Window Clearance Authority approved projects across 11 districts, with HCL Technologies and ACME Cleantech among the biggest investors

Cautious outlook for HCLTech despite strong deal pipeline, execution

Robust bookings, steady execution contrast with conservative revenue guidance

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.

AI disruption, Iran war risks weigh on Indian IT firms' earnings outlook

The sector is weighed down by macroeconomic uncertainty, exacerbated by the West Asia conflict, and the disruptive impact of AI adoption

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.

HCL Tech rallies 6% on inking $1.14bn deal with Fortune Global 50 firm

This large-deal win reinforces HCL Tech's strong positioning in AI-led infrastructure and workplace transformation services, while significantly enhancing long-term revenue visibility, analysts say.

Stocks to Watch today: HCL Tech, HDFC Bank, Turtlemint, Hexaware Tech, IRFC

Stocks to Watch today, June 29: Tata Motors PV, Torrent Power, Dr Reddy's Laboratories, Aurobindo Pharma, KEC International, and Adani Ports are among the top stocks to watch during today's trade