Industry observers said the high level of virtualisation across most sectors has led to increased demand for various IT services.
Like some of its peers, the Noida-based company did not provide a full-year guidance given the current global uncertainty
C Vijayakumar, president and chief executive officer of HCL Tech, tells Neha Alawadhi that though demand has fallen in some sectors, others continue to be strong.
HCL has provided 7,000 PPE kits complying to the SITRA and HLL specifications, 20,000 three-ply masks, 55 liters of sanitizer and two hands-free wash basins to the district administration.
For HCL Technologies, Keep a stop at 512 and go long. Add to the position between 528-530. Book profits at 532
This week, a total of 17 companies are scheduled to announce their quarterly earnings which includes HCL Technologies, Kansai Nerloac Paints, and YES Bank among others
Firms drawing higher revenue from software products and platforms have edge over peers
HCL is also helping improve and expand state's disaster management helpline (1070) with technological upgrades, manpower assistance and reporting mechanisms
Trump talked about suspending immigration visas, and the H-1B visa, which is more popular among Indian IT professionals, is a non-immigrant visa
TCS and Wipro have already said they will hold back increments; other companies are likely to follow suit.
Dollar revenues likely to fall by up to 300 bps
With uncertainties around growth outlook, most companies are likely to go slow on their payback plans to shareholders
Impact likely to be higher for Infosys and TCS who have higher dependency on discretionary spend, say experts
Twitter gave employees an option to work from home after the coronavirus outbreak claimed over 3,000 lives globally, and fresh cases being reported in India.
IoT WoRKS is a dedicated IoT business unit of HCL Technologies
Firm currently serves 103 global clients from Lucknow centre, of which nearly 70% are US-based
TCS, Infosys and HCL Technologies lead the race with huge investments to fuel next phase of growth
The Forum's IT Governors community convenes CEOs of the world's top information technology (IT) companies in order to help them responsibly shape the future of their industry
FY21 growth outperformance could be a challenge
The stock hit a new high of Rs 619, up 3 per cent after it reported a better-than-expected 2.1 per cent quarter on quarter revenue growth in constant currency (CC) terms.