Page 10 - Hcl Technologies

Dividends, share buybacks lift India's top promoters' income in FY22

The country's top 50 promoter families earned Rs 709.4 crore on average from their companies in FY22, while the median income of these promoters was Rs 123.2 crore in the last fiscal

HCL Tech to double headcount in nearshore locations in 3-5 yrs: CEO

HCL Technologies had recently reported over three fold jump in its consolidated net profit for fourth quarter ended March 2022 at Rs 3,593 crore

HCL Tech seeks double-digit growth, larger global footprint: Roshni Nadar

HCL Technologies reported dollar revenue growth of 11 per cent year-on-year at $2.99 billion for FY22

Quarterly appraisals, mass hiring: How India Inc is tackling attrition

Also on offer: Higher promotions, work flexibility, eldercare & childcare support to track attrition.

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

IT companies may not follow HCL Technologies on freshers' salary

Though HCL Tech has bit the bullet, industry majors, which too are battling high attrition, have not given any such signal, so far.

Stocks to Watch: RIL, Paytm, ITC, ICICI Bank, HCL Tech, ONGC, NBFCs

Stocks to watch today: Retail investors' shareholding in Paytm doubled in the March quarter to 7.72 per cent

HCL Technologies net profit surges 4.38% to Rs 3,593 crore in Q4

HCL Tech expects revenue to grow between 12-14 per cent in constant currency for fiscal 2023

HCL Tech Q4: From PAT to margin guidance, here're the key things to track

Brokerages expect the firm's earnings before interest and tax (EBIT) margins to have fallen sequentially by up to 90 basis points on supply side pressures and subdued P&P performance.

Q4 preview: IT companies may beat Ukraine crisis, inflation worries

Analysts believe top-line growth will be driven by broad-based demand

HCL Tech extends relationship with RACV through multi-year contract

IT company HCL Technologies has extended its relationship with The Royal Automobile Club of Victoria (RACV) with a multi-year agreement to provide Integration-as-a-Service offering. The company did not divulge the size of the contract. As a motoring club, RACV is a member-driven organisation that provides a range of products and services in motoring and mobility, home, leisure, financial services and general insurance. HCL has helped ramp RACV's digital platform by enabling a backbone that promotes self-service, an increased digital footprint and a seamless experience for 2.1 million RACV members across Victoria. The 'Integration-as-a-Service' platform bundles various accelerators around code automation and monitoring, which contributes toward a more stable IT environment and notably improves the performance and resilience of RACV's member-facing services. "As part of the renewed relationship, HCL's API-led (application programming interface) architecture will reduce complexity wi

TCS, Wipro, Infosys, TechM, HCL Tech: Buy these stocks for up to 19% return

Infosys continues to defend the support from past four months; TCS shares have three supportive technical parameters that attract buying and accumulation.

Sensex falls for 3rd straight day, sheds 634 pts; Nifty holds 17,750

Analysts, however, expect markets to recover from here on as they have reached their key support zones.

NCLAT issues stay order on insolvency proceedings against HCL Tech

Case against HCL Tech was filed with NCLT in 2019 by Sahaj Bharti Travels, which claimed HCL Tech had continued to default on its payment under minimum guarantee clause of the agreement

HCL Tech to hire 40,000-45,000 freshers for FY23 to meet attrition threat

Is also paying higher increments and retention packages, expanding to tier 2&3 cities and other geographies

Our tech spends are only going to increase: HCL Tech chief C Vijayakumar

In an interview with Business Standard's Shivani Shinde, HCL Tech chief C Vijayakumar discusses his company's growth momentum, supply challenges and demand. Watch the video to learn more >

Sensex falls 554 pts, Nifty below 18,150 amid rising bond yield, oil prices

In the intra-day trade, the indices hit a low of 60,662 and 18,086, respectively

Margin headwinds may cap upsides for HCL Tech despite strong top line show

What works in favour are strong revenue growth, deal wins and attractive valuations

Sensex gains 86 pts; Nifty above 18,300; HCL Tech slumps 6%; Auto stocks up

In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.

HCL Technologies tanks 7% on margin disappointment in December quarter

EBIT margins for services (IT services+ ER&D) were down 190 bps on a QoQ basis.