HCL will also use its automation and AI capabilities to help Mondelez provide on-demand personalised user experience and accelerated issue resolution to 110,000 employees in 79 countries
The three will develop cloud-native E2E architecture of an Intel Xeon processor-based 5G solution, leveraging Mavenir RAN, Intel SmartEdge, and HCLTech's management and automation services
HCLTech's role is to digitally transform the Swiss company's business, will implement a new greenfield SAP S/4HANA environment hosted on Microsoft Azure using RISE with SAP
Cognizant Technology Solutions has introduced a one-time, 'two merit cycles' for calendar year 2022 (CY22) for its employees to arrest attrition
Bloomberg had estimated revenue to be Rs 36,564 crore and net profit at Rs 5,902 crore
HR experts also point that pre-pandemic industry attrition was in the range of 12-13 per cent, to come back to that level is going to take some time.
HCL Technologies on Wednesday weighed into the issue of moonlighting, that has created quite a stir in the industry, and said while it does not approve of dual employment, the issue is not a major one within the company. Put simply, moonlighting refers to employees taking up side gigs to work on more than one job at a time. "Dual employment while working for HCL Tech...we do not approve of that. Everybody who signs up to work for HCL Tech is signing up employment contract which requires exclusivity. The requirements around confidentiality, and non compete... all those provisions that are there we expect our employees to honour those commitments," Ramachandran Sundararajan, Chief People Officer of the company said during the Q2 earnings briefing. Fortunately, he said, moonlighting has not come up as a big problem within HCL Technologies. "We don't have that as big problem that we have too many people indulging in dual employment. It is not a big problem. We have had one or two stray
Revenue grows 19.5% to Rs 24,686 crore in Q2
VV Apparao, who has worked as the company's Chief Human Resources Officer (CHRO) since 2017, will now take over as the chief delivery officer for nearshore.
The new centre in Guadalaraja will enable the company to serve its local and international client base across industries
IT company HCL Tech plans to hire 1,000 people in Brazil in the next two years and will also open a new technology centre in Campinas, the company said on Tuesday. HCL Tech is scaling up its operations to serve its growing local and global client base across industries. "Our commitment to Brazil is part of our long-term strategic plan in the country, which includes supercharging progress for our clients, partners, people and communities in this region of significant importance," HCL Tech, Chief Growth Officer, Americas and Executive Sponsor, Brazil, Anil Ganjoo said. The company will hire local IT talent to develop and deliver next-generation technology solutions and services across digital, engineering and cloud.
HCL Tech had a total contract value (TCV) of new deals worth $2 billion, a growth of 23.4 per cent YoY
Overall, the Nifty IT index has declined 19 per cent from its historic peak of 39,446 recorded in early January, 2022. Charts indicate 31,000 to 30,000 as the accumulation range for the index.
IT services company HCL Technologies on Monday said it has been selected to provide global service desk and on-site support to global healthcare company Novo Nordisk
HDFC Bank and HCL Technologies are likely to react to Q3 numbers this morning. While the former reported 18 per cent YoY growth in net, the latter too beat Street expectations.
The underneath strength, preferably read as price action, has been able to hold ground around the major neckline supports for these stocks
HCL Technologies and D-Mart need to make a decisive break above near term resistance levels for further up move, while HDFC Bank may rally up to Rs 2,000 provided it sustains above Rs 1,650-level
FY22 guidance update, outlook on ER&D and products business, deal TCVs and pipeline, and recent acquisitions are some of the key monitorables
Most IT stocks have seen sharp correction post Q2 results. However, the medium-term outlook stays bullish as per their respective technical charts.
HCL founder-chairman Shiv Nadar was speaking at a Vijaydashmi event organised by RSS