Page 7 - Hcl Technologies

HCLTech wins multiyear cloud services deal from Germany's Siemens AG

Indian firm will also supply IT infrastructure services to Siemens AG

Stocks to Watch on Aug 29: RIL, Adani, Indiabulls Housing, SJVN, APL Apollo

Stocks to Watch today, August 29, 2023: An investigation of India's Adani group by the market regulator has uncovered violations of rules on disclosures by listed entities

HCLTech announces new digital transformation deal from Cricket Australia

IT services company enable Cricket Australia to deliver immersive digital services across the world

HCL Tech surges 4% on inking $2.1 billion deal with Verizon Communications

HCL Tech expects this deal to have a positive revenue impact over the next six years beginning in November 2023 with an estimated new total contract value of US$ 2.1 billion over the term.

Hope to have 70% staff back in office by FY24-end, says HCLTech CEO

HCL Technologies hopes to have almost 70 per cent of its staff walking into physical workspaces by end of the current fiscal, CEO C Vijayakumar said, while adding that the IT services company will continue to have a hybrid model that is optimised and tuned in to needs. For now, HCLTech is seeing a gradual increase in the number of people coming to offices, he said. It is pertinent to mention that the flexi work options were put in place by the IT industry at the onset of pandemic. With return to normalcy, many tech companies are scaling up efforts to get staff back in offices, at least for a set number of days in a week, and the past months have indeed seen workers trickle back in, and the office cubicles starting to get occupied more regularly. "We have a hybrid-first virtual operating model and it is based on need. We expect people to come to offices three days a week, and we've had modest success," Vijayakumar told PTI. He added: "We have, at least, half of our people coming to

Nifty IT index gains 6% in 2 days; Tech Mahindra, Coforge hit 52-week highs

Mphasis surged 4 per cent, while TCS, Infosys, HCL Technologies and L&T Technology Services gained in the range of 2 to 3 per cent

Q1 results impact: TCS up 2%, HCL Tech slips; Brokerages remain optimistic

TCS's management maintained that near term demand challenges remain and refrained from giving recovery timelines, implying a slow and gradual recovery ahead.

Stocks to Watch today, July 13: Delta Corp, HDFC Bank, Patanjali, SpiceJet

Stocks to watch on July 13, 2023: Shares of TCS and HCL Technologies will react to Q1 earnings on Thursday.

HCLTech Q1FY24 results: Net profit rises 7.6% YoY to Rs 3,534 crore

The board of directors declared an interim dividend of Rs 10 per equity share for FY24

Stocks to Watch today, July 12: TCS, HCLTech, Delta Corp, Nazara, Lupin

Stocks to watch on July 12, 2023: IT majors TCS and HCL Technologies will report Q1 earnings today, Wednesday.

HCL Tech revenue, profit may rise 15% YoY in Q1FY24; ER&D segment to be hit

HCL Tech Q1FY24 result: On a QoQ basis, its Q1 revenue may grow 1 per cent while net profit could drop 4 per cent

Has the correlation between the Nifty IT index and the NASDAQ ended?

The gain in NASDAQ thus far in CY23 was largely fueled by Google, Apple, Amazon, Netflix and Meta Platforms - also known as the FAANG stocks.

Stocks to Watch today, May 16: RIL, Adani Ent, HDFC, Airtel, BoB, IOC

Stocks to Watch on Tuesday: Multiplex firm PVR Inox Ltd, on Monday, reported a widening in consolidated net loss at Rs 333 crore for Q4FY23

HCL bucks the trend; says it intends to hire as others continue to fire

The firing spree was not limited to back-office jobs and affected big tech companies, including Amazon, Meta, Microsoft, and Google parent Alphabet, among others

Sensex, Nifty end flat after listless day; ITC, TCS up 2%; realty stks dip

CLOSING BELL: The broader indices ended marginally in red, with Midcap index declining 0.4 per cent, and the Smallcap index down 0.3 per cent.

HCL Technologies gains 3% post March quarter results

HCL Tech's guidance of 18-19 per cent EBIT margin in FY24, despite prevailing uncertainties and larger share of cost take out deals in pipeline, suggests good cost control measures.

HCLTech reports 11% jump in Q4 net profit, pegs guidance at 6-8%

Adds 4,480 freshers in March qtr to outstrip peers, announces dividend of Rs 18/share

HCLTech Q4 results: Profit jumps 11% to Rs 3,983 crore; revenue up 18%

The company added 4,480 new employees in the quarter, while the net addition was at 3,674

Sensex, Nifty snap 3-day losing streak, end marginally up; Infy, HUL slip

CLOSING BELL: The S&P BSE Sensex was up 65 points, while the Nifty 50 added six points. Tata Motors, NTPC, Asian Paints, SBI and Bharti Airtel were the prominent gainers.

Stocks to Watch: Tata Motors, HCL Tech, Ultratech, NBCC, Mastek, Tata Comm

Stocks to Watch today: Jaguar Land Rover, the luxury automotive subsidiary of Tata Motors, said it will invest £15 billion (Rs 1.53 lakh crore) over the next five years for an electric-first future