Hcltech

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

BFSI demand, AI revenue help Indian IT firms weather Q2 growth slowdown

BFSI demand and rising AI revenue helped Indian IT firms withstand weak growth in Q2FY27, with Tech Mahindra standing out, although analysts caution that a broader recovery remains elusive

HCLTech's next test: Sustaining margins, deal momentum amid rich valuations

Healthy new deal wins and traction in its artificial intelligence (AI) business also lifted investor sentiment. The stock was the top gainer in both the Nifty 50 and the Sensex, closing at ₹1,321

HCL Tech shares gain over 5% after Q2 results; brokerages remain mixed

HCLTech reported a 21.2 per cent rise in net profit at ₹5,132 crore in the second quarter of financial year 2027, up from ₹4,235 crore in the corresponding quarter last year.

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

HCLTech signs pact with Anthropic to set up dedicated AI business unit

HCLTech will set up a dedicated business unit and centre to develop AI solutions using Anthropic's Claude models and support their enterprise adoption

Q2 results today: HCLTech, ICICI Pru among 18 firms to report earnings

Q2FY27 results today: HCLTech, ICICI Prudential Asset Management Company, RBL Bank, Swaraj Engines, Adroit Industries, Umiya Buildcon will announce earnings

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

HCLTech launches new business unit to help mid-sized firms scale AI

HCLTech Pulse will target enterprises with annual revenues of $500 million to $5 billion, offering AI, data, cloud, cybersecurity and engineering services

HCLTech launches ₹185 crore advanced semiconductor lab in Bengaluru

The 40,000-square-foot facility will offer post-silicon engineering, advanced testing and failure analysis, supporting HCLTech's semiconductor solutions for global customers

Market rout brings dividend stocks in limelight: Time to switch?

Dividend stocks aren't immune to market-wide sell-offs, but their yields create a natural floor for the stock price. As the price drops, the yield rises, which naturally brings in value investors.

HCLTech sets up Wacker Chemie global capability centre in Pune, India

The Pune GCC will support Wacker Chemie's engineering, IT and digital transformation initiatives, while providing a future-ready delivery foundation

No evidence of data breach, impact on clients after hacker claim: HCLTech

IT services major says potentially exposed employee data may be limited and several years old; further investigation is underway and material findings will be reported

After TCS, HCLTech say no evidence of systems breach after hacking claims

HCLTech said there was no evidence of breach of the company's systems or engagement with any of the company's clients

IT firms Q1 growth not enough to offset AI's impact on traditional biz

Top IT firms reported muted growth as macroeconomic uncertainty, weak discretionary spending and AI-led disruption continued to weigh on traditional revenue streams

Odisha to house HCLTech's first data centre; ₹15,000 cr AI push planned

A first of its kind project in India, the facility will provide secure, scalable and inclusive digital infrastructure for government, research institutions, startups and enterprises

HCLTech announces first AI data centre in partnership with Sarvam in Odisha

HCLTech said the planned capital outlay for the project will be around ₹14,257 crore, including financial assistance from the Odisha government.

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