Page 2 - Hcl Technologies

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

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 shares slide 4% as analysts trim estimates post Q1 miss

HCL Tech shares fell after it posted a net profit of ₹3,843 crore for Q1FY26, down 9.72 per cent Y-o-Y

HCLTech Q1 results: Net profit slips 10% to ₹3,843 cr, revenue up 8.2%

Noida-based IT services exporter raises lower end of its guidance to 3-5% on constant-currency basis

Q1 results today: HCL, Ola, Tata Tech among 25 firms on July 14; see list

Q1 FY26 company results: Tejas Networks, Nelco, Rallis India, and Sambhv Steel Tubes will release their earnings report for the April-June quarter

HCL Tech Q1 preview: What to expect amid tariff jitters, seasonal weakness

HCL Technologies is expected to post a 3.76 per cent decline in net profit for the first quarter, sequentially

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

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

Trading guide, June 12: Nifty awaits fresh cues; GAIL, M&M on analyst radar

Nifty outlook: A fresh trigger is needed for the index to decisively surpass the 25,200 hurdle, analyst says

Infy, TCS, HCLTech: IT stocks staring at further losses; hint tech charts

Technical outlook on IT stocks: Infosys, TCS HCL Technologies and Tech Mahindra may slip up to 9% from present levels, suggest charts.

Indian IT firms use AI to drive sales growth with fewer new hires

HCL Technologies Ltd. and LTIMindtree Ltd. are among companies saying they need fewer new staff to keep revenue increasing

Nifty IT index rallies 3% post HCLTech Q4 earnings. Should you buy IT stks?

HCL Technologies' Q4FY25 performance, albeit soft, was better than expected and its guidance was largely along expected lines.

HCLTech Q4 results today: Check date, time, expectations, dividend

HCLTech Q4 preview 2025: The IT major is expected to post a 5.4 per cent decline in net profit for the fourth quarter sequentially to ₹4,341.8 crore

Infosys, TCS: Nifty IT slips 4% amid recession fears as US imposes tariff

The downturn in IT stocks can be attributed to fears around recession and as manufacturing hubs in China and Taiwan face new tariffs above 30 per cent

HCLTech launches US arm to serve public sector, education & defence needs

HCLTech on Monday announced the launch of a new dedicated US subsidiary, HCLTech Public Sector Solutions (PSS), to provide services to state and local government entities, educational institutions, as well as federal civilian and defence agencies. The subsidiary falls under the Strategic Segments business led by Arjun Sethi as Chief Growth Officer. Sethi will head PSS as the president. PSS, which will drive AI-led technology transformation for government agencies, underlines the company's sharper focus on the public sector segment. "A sharper focus through a dedicated subsidiary will enable us to deliver our AI and digital transformation expertise across all public sector segments. By combining our comprehensive AI suite, deep subject matter expertise, industry-leading talent and dedicated leadership, we are better positioned to partner with government agencies and enhance the experience for the constituents they serve," C Vijayakumar, CEO & Managing Director of HCLTech, said. PSS

HCLTech share price rises 2% on announcing partnership with Western Union

Through the partnership, Western Union will leverage HCLTech's AI-powered solutions, FENIXAI and AI Force, to accelerate its transition to a platform-centric operating model, enabling greater agility

Infy, TCS, HCL Tech: Are IT stocks due for a rebound? Charts say this

IT stocks such as Infosys, TCS, HCL Technologies, LTIMindtree and others have declined up to 37 per cent from the December highs and look oversold on the daily chart; here are the key levels to track.

UK-based Prudential Plc to set up health insurance JV with HCL Group

Prudential Group Holdings Ltd, UK Subsidiary of Prudential Plc will own 70 per cent stake in the venture while Vama will hold the remaining 30 per cent

Nifty IT at 9-month low; brokerages flag weak earnings outlook for sector

Among individual IT stocks, Infosys slipped over 5 per cent in intraday deals on Wednesday, after Morgan Stanley downgraded the stock to 'equal weight', and preferred TCS.

Nifty IT tanks 3%; Wipro, Infy slide up to 6% on Motilal Oswal downgrade

The Nifty IT index hit its lowest level since June 28, 2024, and has declined 17% thus far in the calendar year 2025, as compared to 5% decline in the Nifty 50.