Page 5 - Hcl Tech

Sensex sinks 509 pts, Nifty holds 16,050 in across-the-board sell-off

CLOSING BELL: NTPC, Adani Ports, Bharti Airtel, Coal India, Hero Moto, and Bajaj Finance were the only gainers, up in the range of 0.08 per cent to 1.7 per cent

HCL Tech Q1 results preview: Here is what top brokerages expect

On the flipside, the company's Ebit margins are expected to decline by up to 108 bps to 16.9 per cent over the preceding quarter due to elevated attrition.

Stocks to watch: HCL Tech, BoB, Coal India, L&T, Paytm, SpiceJet, Wipro

Stocks to watch today: HCL Technologies will report June quarter results 2022 (Q1FY23) on Tuesday, July 12; Coal India ramped up capex plans to Rs 3,034 crore, up 64.8 per cent in June quarter 2022.

Strong order book, high attrition: What Accenture's Q3 means for Indian IT

Accenture Q3 results: Strong outlook and robust bookings reflect the secular nature of demand for IT services in the near-term, though medium-term risks persist, said analysts

TCS, Wipro, HCL Tech, L&T Tech: JP Morgan downgrades Indian IT sector

The brokerage firm has downgraded the Indian information technology sector to 'underweight' as it believes the heydays of the sector are over

HCL Tech to acquire Bengaluru-based Quest Informatics for Rs 15 cr cash

Quest currently serves more than 40 global leaders in the aftermarket space with its cloud-enabled aftermarket ERP, field services management, and digital parts catalog product suites

Sensex zooms 874pts in broad-based rally; Nifty tops 17350; RIL, HDFC up 2%

CLOSING BELL: Mukesh Ambani-led Reliance Industries (RIL) is set to become India's first company to hit market capitalisation (m-cap) of Rs 19 trillion

Stocks to Watch: HCL Tech, Nestle, Escorts, IndiGo, MRPL, Tata Steel, Nykaa

Stocks to Watch Today: Tata Steel will stop doing business with Russia, the Indian steel major said on Wednesday

HCL Technologies expands global partnership with Avaloq

HCL will now develop a world-class lifecycle management center for Avaloq clients and invest in ongoing training and development for HCL teams working with Avaloq products

Fitch affirms Wipro, HCL Tech's long term 'A-' rating, outlook stable

The rating agency, in a statement, said it has affirmed Wipro's senior unsecured rating on the $750-mn senior notes due 2026

High attrition, employee cost casts spell on IT stks; buy on dips: Analysts

The nervousness in the IT stocks, analysts believe, is on account of rising employee costs at a time the business growth has been modest year-on-year in the December 2021 quarter (Q3FY22)

HCL Tech sets up Innovation Centre on engineering and R&D in Canada

HCL Technologies on Friday said it has opened an Innovation Centre focused on Engineering and R&D services in Edmonton, Alberta. Bringing together an ecosystem of partners from academia, government institutions, startups and technology providers, HCL Technologies' Innovation Centre will serve as a hub for HCL Engineering teams to co-innovate with customers and solve complex business problems for clients globally, a statement said. The team will be engaged in product engineering, platform engineering, operational technology services and next-generation engineering, research and development, it added. The centre will house an engineering and co-innovation lab, which will enable high tech and software clients, including Fortune 100 leaders, to not only envision their products, but also to see rapid product prototyping, collaborative research and continuous learning to create faster time to market, the statement said. Clients can leverage the centre to create new product designs, ...

HCL Tech to hire 40,000-45,000 freshers for FY23 to meet attrition threat

Is also paying higher increments and retention packages, expanding to tier 2&3 cities and other geographies

Spends on tech are only going to increase: HCL Tech chief C Vijayakumar

In a Q&A, the company's CEO & MD dwells on the firm's growth momentum, supply challenges and demand

Sensex gains 86 pts; Nifty above 18,300; HCL Tech slumps 6%; Auto stocks up

In the broader market, the BSE MidCap and SmallCap indices outperformed the benchmarks and ended up to 0.6 per cent higher.

HCL Tech completes acquisition of 51% stake in German IT company GBS

In December, HCL Technologies had announced that it will acquire 51 per cent stake in GBS

Top Headlines: 3rd Covid wave here; Jio to buy 5G gear from trusted vendors

Business Standard brings you the top headlines at this hour

Infosys to HCL Tech, IT firms to see strong Q3 despite seasonal quirks

Broad-based demand for digital, higher discretionary spends to help firms

HCL Tech and apoBank to acquire German IT consulting firm gbs for 99k euros

The transaction, worth 99,000 euros, is expected to close in January 2022, subject to closing conditions

HCL Tech to hire 10,000 professionals to boost dedicated AWS business unit

HCL on Wednesday announced it has launched AWS BU