Page 11 - Hcl Technologies

HCL Tech surprises street with strong revenue outlook, robust deal book

Demand to improve as IT spending is expected to increase across sectors

Nifty IT index rallies 3%; TCS, HCL Tech, Mindtree, Coforge hit fresh highs

Persistent Systems, Datamatics Global, Birlasoft, Mphasis, Firstsource Solutions, NIIT, Mastek, Ramco Systems and Quick Heal from the S&P BSE IT index were up between 5% and 11%

HCL Tech rallies 7%, hits record high after mid-quarter business update

The IT major further said the Ebit margin for the current quarter is expected to be between 20.5-21 per cent

Family companies weathering Covid-19 pandemic storm better than peers

Such businesses outperform non-family firms by 3% in first six months of CY20, says Credit Suisse report

HCL sets up its first European Cybersecurity Fusion Center in Sweden

IT services major HCL Technologies on Thursday said it has set up its first European Cybersecurity Fusion Center in Gothenburg, Sweden

Nasscom welcomes H1B, L1 visa relaxations; remains 'cautiously optimistic'

"We believe this is a step in the right direction and encourages the implementing agencies to ensure that US businesses' access to critical talent is not hampered," Nasscom said

Covid-19 impact: Earnings shrink as more firms post results for Q1

PBT of 748 firms down 46% YoY, net sales by a quarter; manufacturers hit hard

Japanese e-commerce giant Rakuten gets Indian firms on board for 5G

Rakuten is tying up with Indian companies such as Sterlite Technologies for hardware and HCL, Wipro, and Tech Mahindra for software

Products and platform business a safe bet for HCL Technologies: Experts

The normal hurdles of the services business such as pricing discounts, volume contractions, and budget cutdowns do not affect the products business

Rising SaaS adoption to ensure global sway of IT services firms

The final part of the series looks at how Indian firms compete with global peers

Cash-rich Indian IT services companies go aggressive in M&A space

As capital allocation is altered, dividend payout to dip in the ongoing financial year

Covid-19 impact: IT bigwigs likely to speed up client staff absorption

Experts are of the opinion that this trend is likely to accelerate in the coming quarters owing to vendor consolidation.

The family way

Dynastic governance constrains India Inc

From TCS to Wipro, top IT firms' headcount drops first time in a decade

The data compiled by the BS Research Bureau shows that never before have all four firms seen a fall in staff count, at least not for a decade, despite several business cycles.

End of an era at HCL Tech: Nadar challenged global giants at their own game

He was the last founder chairman in the Indian IT services industry to step down.

Location-independent delivery model is silver lining: HCL Tech CEO

Chief Executive C VIJAYKUMAR talks to Sai Ishwar on the company's cost optimisation plans, impact of H-1B visa row, and mergers and acquisition plans

Shiv Nadar steps down as HCL Tech chairman, daughter Roshni takes over

Daughter Roshni Nadar Malhotra succeeds him to the top job

HCL Tech likely to grow 1.5-2.5%; Q1 net profit up 31.7% at Rs 2,925 cr

In the quarter ended Q1FY21, the company on Friday reported a profit before tax (PBT) of Rs 3,862 crore, up 31.7 per cent year on year (YoY), while it remained flat on a sequential basis.

Improving outlook, margin performance to support HCL Technologies stock

Valuations too are attractive, at a 35 per cent discount to Infosys

Shiv Nadar retires, daughter Roshni becomes HCL Technologies chairperson

Nadar will continue as managing director and hold the designation of Chief Strategy Officer