Page 16 - Hcl Technologies

Will continue to invest, strengthen operations in Nordics: HCL Technologies

Europe accounted for 26.8 per cent of HCL Technologies' revenues for the quarter ended September 2018

HCL Technologies aims to overtake Infosys in revenue over the next 5 years

HCL's revenue had surpassed Wipro, the third largest in IT, for the first quarter of this financial year

HCL Tech to invest Rs 7.5 bn in Andhra Pradesh, create 7,500 jobs in 10 yrs

IT services major HCL Technologies will invest Rs 750 crore to set up two facilities in Andhra Pradesh that will help create 7,500 jobs in 10 years. According to an official statement, HCL is setting up its operations in Andhra Pradesh in two phases. In the first phase, the Noida-based company will invest Rs 400 crore to build a R&D centre in Kesarapalli village in Gannavaram. The facility is expected to accommodate more than 4,000 IT professionals, it said. The phase-I will commence with the foundation stone laying ceremony on October 8 and is expected to be completed in seven years' time, employing more than 4,000 IT professionals, the statement added. The phase II will be taken up later in Amaravati, the new capital of Andhra Pradesh in a campus of 20 acres. The investment for this phase is expected to be Rs 350 crore and will include about 3,500 IT professionals in five years' time.

HCL Technologies eyes financial services and retail to boost income

HCL is strengthening its core areas such as infrastructure management and engineering services

HCL Technologies hits record high; stock up 24% in three months

HCL Technologies hit a record high of Rs 1,125, up 2.6% in intra-day trade, surpassing its previous high of Rs 1,107 recorded on April 23, 2018, on the BSE.

HCL Technologies' Rs 40-bn buyback offer to commence on September 18

In July, HCL Technologies had announced the buyback programme for FY19 at Rs 1,100 per share

HCL Technologies shareholders approve Rs 40-bn share buyback offer

The buyback is part of the company's strategy to return more than 50% of the company's net income to the shareholders

5,600 job aspirants turn up at HCL's 3-day recruitment drive in Lucknow

HCL has tied up with banks to provide loans for the training, which would be repayable in easy instalments from the employees' salary once they get confirmed

HCL Technologies topples Wipro to become India's third-biggest IT firm

In Q1 of FY18, HCL's dollar term revenues grew 0.8 per cent to $2.05 billion

HCL Tech, Sumeru Equity Partners acquire $330 mn acquisition of Actian corp

In April, the country's fourth largest IT services firm had said it has partnered SEP to acquire Actian Corporation in an all-cash deal

HCL Tech slips 2% after board approves share buyback proposal

The stock slipped 2.3% to Rs 982 after the company said it had received its board's approval to conduct a share buyback of up to 36.3 million equity shares worth up to Rs 40 billion.

HCL Technology board clears up to Rs 40-billion share buyback plan

Apart from TCS and HCL Technologies, country's second largest software services firm Infosys also came out with such an offer last year to buyback Rs 130 billion worth shares

HCL Technologies gains 4% as board mulls share buyback proposal

HCL Technologies was up 4% to Rs 1,000 on the BSE in early morning trade as the company said on Monday after market hours that it will consider share buy-back on July 12.

HCL Tech gets govt's nod to set up SEZ for Rs 4 bn in Andhra Pradesh

SEZs are developed as export hubs and they contribute about 25 per cent in the country's total exports

After TCS, HCL Technologies to consider share buyback scheme on July 12

HCL Technologies stock closed at Rs 961.25, up 1.68 per cent, on BSE

HCL Tech to acquire German IT firm H&D International for EUR 30 million

Founded in 1996, H&D specialises in IT infrastructure, application services particularly in R&D IT, shop floor IT and engineering services

HCL seeks govt approval for IT SEZ in Andhra Pradesh; to invest over $4 bn

HCL Technologies has proposed to develop the project at an area of 10.43 hectares

HCL Technologies falls 12% in two days on weak FY19 revenue guidance

The stock dipped 7% to Rs 924 in early morning trade, extending its Wednesday's 5% fall on the BSE.

We are well prepared for any change in visa rules, says HCL CEO

In the next 2-3 years, we think Mode 2 and 3 will be 40 per cent and Mode 1 will be 60%, says C Vijayakumar

HCL Technolgies net profit drops 10% to Rs 22.30 bn for March quarter

HCL expects its revenues to grow in the range of 9.5-11.5 per cent on constant currency basis in 2018-19