Page 3 - Hcl
HCL Infosystems names Alok Sahu as CFO; to succeed Kapil Kapur
HCL Infosystems on Wednesday said its Chief Financial Officer Kapil Kapur has resigned from the company. The company's Board of Directors has named Alok Sahu to succeed Kapur for the position of CFO with effect from June 1, 2021, a regulatory filing said. "... we submit that Mr KapilKapur, CFO of the company has informed the company about his resignation from the said position with the company with effect from the closing hours of May 31, 2021 to pursue other opportunities & interests," it said. Alok Sahu, a chartered accountant by profession, is a finance professional who has over 25years of experience in spearheading financial and accounting functions, the filing said. He has been associated withHCL Infosystems since 1995.
 "HCL Infosystems names Alok Sahu as CFO; to succeed Kapil Kapur")
From Cognizant to HCL, India Inc opens up purse for employee retention
HCL had announced a one-time special bonus of $90 million earlier this month to employees around the world as it crossed the $10-billion revenue mark
 "From Cognizant to HCL, India Inc opens up purse for employee retention")
Rise in onshore hiring, Covid-19 may reduce visa demand in tier-I IT firms
Last year, Infosys revealed plans to hire 12,000 American workers over the next two years, bringing its hiring commitment in the US to 25,000 over five years
 "Rise in onshore hiring, Covid-19 may reduce visa demand in tier-I IT firms")
HCL Q3 net profit up 31%, crosses $10-bn revenue milestone in 2020
The company's revenue crossed the $10-billion milestone in 2020, delivering a 3.6 per cent YoY growth in constant currenc
HCL Corp sells HCL Tech shares worth Rs 390 cr to another promoter entity
According to block deal data available on the BSE, HCL Corporation sold a total of 45,85,000 shares of HCL Technologies at an average price of Rs 852 per share.
 "HCL Corp sells HCL Tech shares worth Rs 390 cr to another promoter entity")
HCL's Covid-19 response centre gets 250,000 queries, 60% related to food
The 'all-in-one' control room, which can be reached on toll free number 18004192211, was set up by HCL at one of its facilities in Noida
 "HCL's Covid-19 response centre gets 250,000 queries, 60% related to food")
IT firms unlikely to resume operations instantly, to see staggered opening
Most companies are going to continue to let employees work from home
 "IT firms unlikely to resume operations instantly, to see staggered opening")
HCL Tech Noida employee tests positive for Covid-19 on return to India
Staffer placed in isolation ward, firm follows prescribed protocols of sanitisation and contact tracing
Coronavirus outbreak: IT services companies widen travel restrictions
Apart from such advisory, IT biggies such as Tata Consultancy Services (TCS), Infosys and HCL Technologies among others have been pursuing 'remote working' model to overcome the situation.
 "Coronavirus outbreak: IT services companies widen travel restrictions")
DPIIT to discuss data issues in draft e-comm policy with firms on Jan 14
Representatives from different companies including Accenture, Adobe, Facebok, Genpact, Google, HCL, Infosys, Intel, Microsoft and TCS are expected to participate in the deliberations
 "DPIIT to discuss data issues in draft e-comm policy with firms on Jan 14")
Boeing 737 Max crisis: From TCS to Infosys, IT firms risk $1-bn hit
Top Indian IT firms provide services like application development, testing, engineering, avionics, and business process management for the Boeing 737 Max programme
 "Boeing 737 Max crisis: From TCS to Infosys, IT firms risk $1-bn hit")
HCL's Nadar tops FY19 Hurun philanthropy list with Rs 826-cr contribution
Azim Premji was second on the list, while Mukesh Ambani came third
 "HCL's Nadar tops FY19 Hurun philanthropy list with Rs 826-cr contribution")
Public sector banks to face legal hurdle in recovering HDIL dues
The ED is in the process of attaching the properties of HDIL
 "Public sector banks to face legal hurdle in recovering HDIL dues")
HCL chairman Shiv Nadar to be chief guest at RSS Vijayadashmi event
RSS Vijayadashmi function is set to be held at its Nagpur headquarters on October 8
 "HCL chairman Shiv Nadar to be chief guest at RSS Vijayadashmi event")
Despite immediate challenges, HCL Tech a good bet for long-term investors
However, once the macro situation improves and the IBM deal delivers on growth and margins, HCL Tech could be a good bet
HCL sued in US over H-1B visa misuse, hiring bias against Americans
HCL terminates non-South Asians at disproportionately high rates compared to South Asians, the lawsuit claims
HCL Tech posts double-digit revenue growth on healthy rise in IT sector
As compared to HCL, market leader Tata Consultancy Services' revenue in constant currency term rose by 11.5 per cent and that of Infosys grew by 8.1 per cent on YoY basis
 "HCL Tech posts double-digit revenue growth on healthy rise in IT sector")
HCL to set up global IT centre in Andhra, help create over 5,000 jobs
The state government had signed an agreement with HCL Technologies for the project last year
 "HCL to set up global IT centre in Andhra, help create over 5,000 jobs")
HCL SSHS sets up centre in Vijayawada, to create jobs for over 1,000 people
The centre will cater to global clients of HCL Technologies
 "HCL SSHS sets up centre in Vijayawada, to create jobs for over 1,000 people")
HCL unveils IoT COLLAB innovation labs in Noida and Seatlle in US
Innovation labs, such as HCL's IoT COLLAB, help organisations develop a roadmap to graduate into pilot stage
