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The Latest Breaking News from HCL Technologies

Infosys, Tech Mahindra, TCS and other IT stocks jump up to 5%. What’s driving the rally?

Indian IT stocks rose sharply on Monday, lifting the Nifty IT index nearly 3%, as investors reassessed AI-related fears, attracted by attractive valuations and upbeat sector outlooks. Optimism around potential US rate cuts and positive technical signals further fuelled buying in Infosys, Tech Mahindra, TCS and other IT majors.

The Economic Times

UBS sees mixed outlook for Indian IT sector, mid-tier firms outperform large caps amid AI shift

Indian IT firms saw varied results in the last quarter. Mid-tier companies performed better than large ones. Artificial intelligence is changing how clients spend money. Some big companies like Infosys and Wipro reported lower growth. Mid-tier firms like Coforge showed strong performance. Clients are focusing on AI and cost savings.…

The Economic Times

Parag Parikh Flexi Cap Fund increase stake ITC, TCS, HDFC Bank and 14 other stocks in April

Parag Parikh Flexi Cap Fund boosted its holdings in ITC, TCS, and HDFC Bank during April. The fund also increased its stake in fourteen other companies, including Indraprastha Gas and HCL Technologies. Exposure was reduced in Coal India and Power Grid Corporation of India. The fund made a complete exit…

The Economic Times

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HCL engineer dies from cardiac arrest in Nagpur office

A 40-year-old engineer at the HCL Technologies Company recently died due to cardiac arrest in Mihan, Nagpur on September? Read further on Dynamite News:

Dynamite News

Indian IT services giant HCL Technologies hit by ransomware

The attack was limited, HCL claims, and did not affect operations.

TechRadar

'There will be blood on streets': Why Big Tech companies are laying off staff

NEW DELHI: After years of rapid expansion, a trend of freeze in hiring and layoffs has been observed among startups and major tech companies. So far, around 150 US-based companies have laid off over 37,000 people in 2022. Most layoffs were reported in June with 75 US-based tech companies laying…

The Times of India

Catch them young: HCL’s TechBee career programme to hire 2,000 students who have completed Class 12 in Karnataka

HCL Technologies is currently conducting walk-in training interviews across four cities — Bengaluru, Shivamogga, Hubballi and Mysuru — to hire Class 12 students

The Hindu

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Roshni Nadar remains richest Indian woman; Nykaa’s Falguni Nayar top among self-made rich women: Report

Biocon’s Kiran Mazumdar-Shaw has moved down one rank to be the third richest woman in the country with a wealth of Rs 29,030 crore, as per the Kotak Private Banking-Hurun list

The Hindu

Infosys Q1 net rises 3.2%, expenses surge 29%

Deal pipeline strong, will hire 50,000 freshers this fiscal, says managing director Parekh

The Hindu

Andhra Pradesh: over 1,000 AITAM students get placement in Wipro and other companies

SRIKAKULAM

The Hindu

HCL Technologies revenue rises by 15.6% in June quarter

BENGALURU: HCL Technologies’ revenue grew 2.7% sequentially in the June quarter, and 15.6% year-on-year in constant currency. In dollar terms, revenue was up 11.2% year-on-year to $3 billion. Its larger Indian peer TCS, which announced its results last week, grew its constant currency revenue 3.5% sequentially, and 15.5% year-on-year.

The Times of India

HCL Tech Q1 net profit up 2.4% at Rs 3,283 crore; revenue rises 17%

NEW DELHI: IT services company HCL Technologies on Tuesday reported a 2.4 per cent year-on-year rise in its consolidated net profit for the three months ended June 2022 at Rs 3,283 crore.

The Times of India

HCL Technologies rolls out early career programme in A.P.

One-year training will come with an assured job in HCL Tech., says company official

The Hindu

Govt to ink pacts with tech giants to skill up Uttar Pradesh’s youth

LUCKNOW: The state government will collaborate with information technology companies to skill youths and generate employment opportunities for them in the sector. The department of vocational education and skill development has chalked out a plan to collaborate with private companies like Tata Technologies, HCL Technologies, Tech Mahindra, IBM (Richa) to…

The Times of India

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The Times of India

Attrition rates should stabilise in future quarters, to double fresher hiring in FY23: HCL Tech

NEW DELHI: HCL Technologies CEO Vijayakumar on Monday said he expects the rising attrition rates to stabilise in the future quarters as he exuded confidence in the steps being taken by the IT major, including ramping up fresher hiring, to arrest the spike.

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