News Muncher - category hcltech

3 days, 3 hours ago

Surviving GenAI: Indian IT recodes its future as a decades-old model crumbles

India’s legacy information technology services companies are having to ditch a decades-old business practice to avoid ceding precious turf to nimbler mid-tier rivals in this era of generative artificial intelligence. Accenture has so far secured GenAI orders worth $5.6 billion, more than the $4.3 billion revenue that LTIMindtree Ltd, India’s sixth-largest software services company, earned in 2023-24. Value-based business, which …

Business India Services Companies Model Genai Infosys

3 days, 13 hours ago

Top stocks to watch today: IREDA, BHEL, ONGC, HCLTech, IRFC, NCC and more

India Today

Benchmark stock market indices are set for a strong opening on Wednesday, tracking positive cues from Asian markets. Here are some of the top stocks to watch out for during the trading session: TOP STOCKS IN FOCUS ON MARCH 26: ONGC: The state-run oil major will invest Rs 3,300 crore in subsidiary ONGC Green via a rights issue. Waaree Renewable …

Green Crore Ongc Hcltech Top Stocks

4 days, 13 hours ago

TCS, HCLTech, Infosys, Wipro: Why IT stocks are rising today

India Today

Several major information technology sector stocks gained sharply in early trade on Tuesday, providing a boost to the rally on Dalal Street. Major IT stocks opened in the green today, taking cues from the positive overnight trading session on Wall Street. The sharp rise in US tech stocks contributed to the broader rally on Wall Street, marking it first winning …

Stocks Nifty It Stocks

4 days, 13 hours ago

Stocks to watch today: Ola Electric, Wipro, HCLTech, RVNL, Britannia and more

India Today

Benchmark stock market indices are expected to continue their positive run on Tuesday, supported by strong buying by foreign investors and positive global cues. With the stock market set to continue its positive run, here are the top stocks to watch out for during today’s trading session: HCL Technologies HCLTech and Western Union are working together on financial services tech. …

Ola Electric Wipro Britannia

1 week, 2 days ago

Infosys, TCS, HCLTech gain up to 2%: Why are IT stocks rising today?

India Today

Sensex and Nifty opened higher on Thursday, continuing their positive trend for the fourth straight session. As a result, the benchmark indices saw strong gains with Sensex jumping over 500 points, while Nifty also gained nearly 150 points to cross the 23,000 mark. IT STOCKS LEAD RALLY ON D-STREET IT sector stocks showcased strong performance in early trade with the …

Stocks Interest Rates Nifty Gain Hcltech It Stocks

1 week, 3 days ago

TCS, Infosys, HCLTech: Why major IT stocks are falling today

India Today

Major information technology stocks took a hit in early trade on Wednesday, with the Nifty IT index sliding over 2% as investors turned cautious ahead of the US Federal Reserve’s policy decision. Shares of TCS and Infosys dropped 2%, while other IT names like HCLTech, Tech Mahindra, LTIMindtree, and Coforge also traded in the red. Adding to the pressure, brokerage …

Tech Nifty Fed Citi Infosys Tcs Hcltech

2 weeks, 5 days ago

Stocks to watch today: ONGC, HCLTech, IndusInd Bank, Tata Power

India Today

Stock market investors will closely watch key companies on Monday as markets reopen after a volatile session on Friday. Vinod Nair, Head of Research at Geojit Financial Services, said global markets are facing increased uncertainty due to US tariff measures and possible retaliatory actions from other countries. Here are the stocks that will be in focus today: ONGC - The …

India Fda Tata Power Indusind Bank Power Stock Bank Tata

3 weeks, 5 days ago

Why Cognizant’s salary hike announcement is a cause for concern

Live Mint

Cognizant Technology Solutions Corp. will give annual salary increases to its employees from August this year, making it the second time the Nasdaq-listed company has delayed salary hikes by at least five months. In a town hall from the company’s newly refurbished Kolkata office on Thursday, Cognizant chief executive S. Ravi Kumar promised salary hikes from 1 August even as …

Salary Indian Employees Service Company 2024 Hike

1 month ago

Stock market opens in red: Sensex down 700 points. HCLTech falls 3%

India Today

Benchmark stock market indices opened lower on Monday, extending their losses since hitting their peaks in September last year. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that the market is facing headwinds from relentless FII selling and global uncertainties relating to Trump tariffs. The ‘Sell India, Buy China’ trade may continue for some time since Chinese …

Stock Market Market Stock

2 months ago

Revanth signs MoU for HCLTech expansion, AI datacentre cluster

Deccan Chronicle

Hyderabad: The state government has inked memoranda of understanding for the expansion of HCLTech operations in Hyderabad and for setting up AI datacentre cluster in Telangana. Sridhar Babu expressed happiness over HCLTech’s growth in the state, noting the government’s commitment to strengthening Hyderabad’s tech ecosystem. The AI Datacenter Cluster will enhance our IT capabilities and create substantial employment opportunities, aligning …

Global Hyderabad Digital Infrastructure Telangana Centre Ai Mou

2 months ago

Windfall for Telangana at Davos as Sun Petrochemicals to invest ₹45,500 crore

The Hindu

The third day of the World Economic Forum saw a windfall for Telangana as the government signed MoUs worth thousands of crores with the prominent being an investment of ₹45,500 crore by Sun Petrochemicals, a leading energy company, which would develop three Pumped Storage Hydro Power projects in the districts of Nagarkurnool, Mancherial, and Mulugu. Another major MoU was with …

Investment Telangana Crore Invest Mou Revanth Reddy Hcltech

2 months, 1 week ago

HCLTech announces 5,000 additional employment opportunities in Hyderabad

The Hindu

HCLTech, a leading global technology company, is expanding its global delivery footprint in Hyderabad with the launch of a new tech center that would provide 5,000 additional employment opportunities. The new centre will bring cutting-edge capabilities to our global client base and contribute to the local technology ecosystem” said C. Vijayakumar, CEO & Managing Director, HCLTech. CM Reddy welcomed HCLTech’s …

Global Hyderabad Tech Centre Iti Hcltech

2 months, 1 week ago

HCLTech announces 5,000 additional employment opportunities in Hyderabad

The Hindu

HCLTech, a leading global technology company, is expanding its global delivery footprint in Hyderabad with the launch of a new tech center that would provide 5,000 additional employment opportunities. The new centre will bring cutting-edge capabilities to our global client base and contribute to the local technology ecosystem” said C. Vijayakumar, CEO & Managing Director, HCLTech. CM Reddy welcomed HCLTech’s …

Global Hyderabad Tech Centre Iti Hcltech

2 months, 1 week ago

HCLTech IPO turns 25; IT firm accumulated over 1,300% return on investments in these years

Live Mint

Mumbai, January 18 : HCLTech's Initial Public Offering turned 25 years, and the IT services firm celebrated this special occasion with a special bell-ringing ceremony at the National Stock Exchange in Mumbai. HCLTech accumulated over 1,300 per cent returns for its shareholders over these 25 years, publicly available data showed. HCLTech's revenue has grown from USD 166 million in financial …

Hcltech

2 months, 1 week ago

Wipro, Tech Mahindra revenue shrinks in Q3

Live Mint

Wipro Ltd and Tech Mahindra Ltd ended 2024 on a weak note with sequential revenue declining in the third fiscal quarter, implying that the worst is not yet behind for the two software services providers that saw revenue contract in the previous financial year. A revenue decline at Wipro and Tech Mahindra implies that three of India’s top five IT …

India Services Companies Revenue Mahindra Decline Reported

2 months, 1 week ago

Infosys beats TCS as growth continues on the back of North America business

Live Mint

The growth engines that fuelled Infosys Ltd’s performance in the first half of the financial year retained momentum in the December quarter helped by strong business in its core North American market. India’s second-largest information technology services company also raised its full-year revenue outlook for the third time this financial year, crediting improving discretionary spending by financial services companies in …

India Growth Financial Services Revenue Billion Quarter North America

2 months, 2 weeks ago

Infosys Q3 results tomorrow: 5 things to watch out for

Live Mint

When Infosys Ltd announces its third-quarter results on Thursday, investors and analysts will be looking for clues into whether the company can overcome potential growth obstacles and if it is on course to surpass its FY24 performance. The two Indian information technology services companies that have so far announced results for the December quarter—a seasonally weak period for the sector …

India Growth Results Services Companies Company Revenue

2 months, 2 weeks ago

Stocks to watch today: JSW Cements, HDFC AMC, HCLTech, BEL, Adani Wilmar

India Today

After a sharp decline on Monday that saw the stock market lose over 1.5%, investors are closely monitoring key developments and quarterly results that could impact todays trading session. Stocks such as JSW Cements, HDFC AMC, HCLTech, Delta Corp, United Spirits, and BEL are expected to remain in focus. HCLTech: HCL Technologies reported a 6% year-on-year increase in consolidated net …

Crore Delta Corp Hcltech Jsw Consolidated Net Profit Bel Hdfc Amc

2 months, 2 weeks ago

Stock market rebound: Sensex, Nifty gain in early trade; HCLTech down 9%

India Today

Benchmark stock market indices broke their losing momentum to gain in early trade, led by a rally in metal, banking, and auto sector stocks on the back of inflation easing slightly for the month of December. Dr. V K Vijayakumar, Chief Investment Strategist, Geojit Financial Services said that the constant refrain from many saner voices that the broader market is …

Bank Nifty Early Trade Gain

HCL reports 5.5% increase in Q3 net profit

The Hindu

Tech firm HCLTech on Monday posted third-quarter net profit of ₹4,591 crore, a 5.5% rise over ₹4,350 crore in the corresponding period a year ago. The quarter saw its revenue growing to ₹29,890 crore, 5.1% over last year’s revenue of ₹28,446 crore. C. Vijayakumar, CEO, and Managing Director, HCLTech, said the growth was powered by broad-based performance across business lines …

Ai Hcl Hcltech Revenue Growth Hclt Crore Quarter

2 months, 2 weeks ago

HCLTech’s Q3 revenue rises 2.6% sequentially to $3.53 bn, bolstered by Americas

Live Mint

HCL Technologies Ltd on Monday reported a higher-than-expected revenue of $3.53 billion in the quarter ended 31 December, a 2.6% sequential rise, boosted by clients in the Americas who account for about two-thirds of the company's sales. A Bloomberg survey of 24 analysts expected HCLTech to report $3.5 billion in revenue and a similar survey of 22 analysts expected the …

Business Growth Software Company Revenue Billion Quarter

2 months, 2 weeks ago

HCLTech reports 5.5 per cent profit growth in Q3 FY25, declares special dividend

New Indian Express

BENGALURU: IT services giant HCLTech met Street expectations with a 5.5 per cent increase in its consolidated net profit, reaching Rs 4,591 crore for the quarter ended December 2024, compared to Rs 4,350 crore in the same period last year. The company's revenue from operations stood at Rs 29,890 crore for the quarter, reflecting a 5.1 per cent year-on-year growth …

Cent Hcltech

Stocks to watch today: Adani Green Energy, Ola Electric, DMart, HCLTech

India Today

Markets are expected to remain volatile today, continuing the downward trend observed on Friday. Key stocks likely to be in focus include Adani Green Energy, Ola Electric, DMart, HCLTech, Angel One, and others due to various announcements, news updates, and quarterly results. Adani stocks Adani Enterprises and Adani Green Energy are expected to see movement after Gautam Adani announced a …

Energy Company Crore Ola Adani Ola Electric Electric Dmart

2 months, 2 weeks ago

TCS, Infosys, HCLTech rise up to 4%. Why IT stocks are rising today?

India Today

Benchmark stock market indices settled lower after opening higher on Friday, reflecting high volatility in the market, with Sensex and Nifty falling nearly 0.5%. All the sectoral indices were in red but the IT sectoral index stood tall amid the bearish sentiment in the market and was the reason behind Sensex and Nifty opening higher today. Strong Q3 results from …

Market Nifty Sector Sensex Tcs Hcltech Rise

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Articles for Hcltech

Surviving GenAI: Indian IT recodes its future as a decades-old model crumbles

Top stocks to watch today: IREDA, BHEL, ONGC, HCLTech, IRFC, NCC and more

TCS, HCLTech, Infosys, Wipro: Why IT stocks are rising today

Stocks to watch today: Ola Electric, Wipro, HCLTech, RVNL, Britannia and more

Infosys, TCS, HCLTech gain up to 2%: Why are IT stocks rising today?

TCS, Infosys, HCLTech: Why major IT stocks are falling today

Stocks to watch today: ONGC, HCLTech, IndusInd Bank, Tata Power

Why Cognizant’s salary hike announcement is a cause for concern

Stock market opens in red: Sensex down 700 points. HCLTech falls 3%

Revanth signs MoU for HCLTech expansion, AI datacentre cluster

Windfall for Telangana at Davos as Sun Petrochemicals to invest ₹45,500 crore

HCLTech announces 5,000 additional employment opportunities in Hyderabad

HCLTech announces 5,000 additional employment opportunities in Hyderabad

HCLTech IPO turns 25; IT firm accumulated over 1,300% return on investments in these years

Wipro, Tech Mahindra revenue shrinks in Q3

Infosys beats TCS as growth continues on the back of North America business

Infosys Q3 results tomorrow: 5 things to watch out for

Stocks to watch today: JSW Cements, HDFC AMC, HCLTech, BEL, Adani Wilmar

Stock market rebound: Sensex, Nifty gain in early trade; HCLTech down 9%

HCL reports 5.5% increase in Q3 net profit

HCLTech’s Q3 revenue rises 2.6% sequentially to $3.53 bn, bolstered by Americas

HCLTech reports 5.5 per cent profit growth in Q3 FY25, declares special dividend

Stocks to watch today: Adani Green Energy, Ola Electric, DMart, HCLTech

TCS, Infosys, HCLTech rise up to 4%. Why IT stocks are rising today?