Page 4 - Hcl

Moonlighting is a conflict of interest, says IBM to its employees

IBM has asked its employees to refrain from engaging in a second job or gig in any capacity and has declared it as against the company contract

HCL's Shiv Nadar most generous: Hurun India Philanthropy List 2022

HCL founder Shiv Nadar topped as the most generous person in the country with an annual donation of Rs 1,161 crore, the EdelGive Hurun India Philanthropy List 2022 revealed on Thursday. Nadar, 77, has reclaimed the 'India's most generous' title with a donation of Rs 3 crore per day, according to the report. Wipro's Azim Premji, 77, slipped to the second position with an annual donation of Rs 484 crore after ruling at the top position for the last two consecutive years, it said. India's richest man Gautam Adani, 60, ranked seventh in Edelgive Hurun India Philanthropy List 2022, with a donation of Rs 190 crore. The report further revealed that in India a total of 15 individuals made an annual donation of over Rs 100 crore, 20 donated over Rs 50 crore and 43 over Rs 20 crore. A M Naik, 80, group chairman of Larsen and Toubro, who donated Rs 142 crore, is the country's most generous professional manager, the report stated. It further said that Nithin Kamath and Nikhil Kamath of Zerod

HCL founder Shiv Nadar gets USISPF's Lifetime Achievement Award 2022

Bilateral non-profit organisation honours billionaire for his contribution to technology industry and philanthropy

Battling attrition in India, HCL to hire 1000 employees in Brazil

IT services giant's attrition grew to 23.8 per cent in the first quarter of FY23

HCL Technologies now HCLTech as firm set for 'Supercharging Progress'

The company also launched its new employee value proposition (EVP) - 'Find Your Spark'

Freshers take to social media as IT companies delay onboarding process

The IT companies, including Wipro, Infosys, and HCL have, however, stated that all the offers made will be honoured

HCL Tech, Intel launch Centre of Excellence for Digital Workplace offering

Unit will serve as a hub to test and validate new digital tech platform solutions and architectures to meet the workload-intensive demands of enterprises in a hybrid workplace environment

Falling margins, high attrition, moonlighting causing trouble for IT sector

Wipro, one of the four IT majors in India, announced that it will withhold the variable pay of mid, and senior-level employees for the June qtr (Q1FY23) due to poor financial health

Slowdown in hyper-scalers could impact the revenue of the IT companies'

Major IT companies in India including Tata Consultancy Services (TCS), Wipro, Infosys and HCL earn nearly 50 per cent of their revenue from digital solutions supported by hyper-scalers like AWS, Azure

India's start-up story is intact, innovation vibrant: HCL Tech CEO

Vijayakumar asserted that the company is "on a good upcycle", and will use multiple levers to mitigate the challenges around margins

HCL Tech Q1 results: Net profit rises 2.4% to Rs 3,283 cr, revenue up 16.9%

HCL Tech had a total contract value (TCV) of new deals worth $2 billion, a growth of 23.4 per cent YoY

HCL Tech margin under pressure over talent crunch as Q1 attrition hits 24%

Top management, while reporting results for HCL Tech Q1FY23 on Tuesday, said attrition rate was "expected to remain high in coming months"

From Jio to TVS, generational change sweeps through India Inc's boardrooms

From rotating chairmanship to handing over firm to professionals, top family businesses have tried different formulae to ensure smooth transition

HCL, UNLEASH to develop solutions for aquatic ecosystem conservation

These solutions will aim to tackle challenges from source (mountains and glaciers) to sink (oceans and seas) and their links to terrestrial ecosystems, according to a statement

In struggle to get employees back to office; companies tread cautiously

In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy engineering and design concepts are required

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

Companies looking to accelerate digital transformation: HCL's Roshni Nadar

The global clients have a razor-sharp focus on accelerating digital transformation with efficiency, HCL Technologies Chairperson Roshni Nadar Malhotra said

As medals come in, there is a new silver lining in India's bridge room

The Indian seniors did an incredible job given that two of the three partnerships were ad hoc

Chip manufacturing push timely amid global supply woes: HCL co-founder

India's manufacturing push is timely and positions the country strongly to grab a massive opportunity in the electronics hardware space, said HCL co-founder Ajai Chowdhry