Page 6 - Hcl Tech

HCL Tech expects strong growth in products, platform biz in Dec quarter

IT services major HCL Technologies on Monday said it continues to be positive about its products and platform business and expects to see strong growth in the segment in the December quarter. In the July-September quarter, HCL Technologies logged a 13.1 per cent year-on-year increase in its services revenue (IT & Business Services and Engineering & R&D Services) in constant currency terms. Its products and platforms revenue, however, declined by 5.5 per cent in the reported period. Speaking to PTI, HCL Technologies CEO and MD C Vijayakumar said there were certain deals that were to close towards the end of the quarter but slipped into the current quarter. "So that's the only reason, it will come back in the next quarter, we continue to be very positive on our Products and Platforms business. The core of the business is intact, and we see a good momentum in this quarter. This is going to be a strong quarter for us," he added. He noted that the services business delivered a .

HCL Tech, Google Cloud expand tie up for healthcare, life science solutions

HCL Technologies on Monday said it has expanded its strategic partnership with Google Cloud to jointly launch healthcare and life sciences solutions for customers

Stocks to watch: SBI Card, Adani Ports, Cadila Healthcare, HCL Tech, AU SFB

IT company AGC Networks on Monday said its board has approved the appointment of Essar Group's Anshuman Ruia as executive director of the company

Q2 revenue recovery, valuations may sustain rally for HCL Tech

The stock has been underperforming peers after two consecutive quarters of muted revenue growth

HCL Tech, Munich Re in pact to digitalise workplace services in 40 nations

Financial details of deal not disclosed; HCL will modernise and standardise workplace services for more than 16,000 Munich Re employees

HCL Tech appoints Fabiano Funari as the country head for Brazil

Funari joined the firm to spearhead its growth for all industries and capabilities in Brazil, where HCL employs more than 800 people

A deeper look at Q1FY22 show of top-4 IT players tells a different story

While Q1 numbers show that the top four players are gearing up to capture the demand, the success of this will depend a lot on how they manage their supply side

'We maintain a double-digit growth outlook,' says HCL Tech CEO

HCL Technologies to focus on its Mode-2 and Mode-3 offerings, demand remains robust

HCL Tech Q1 net up 9.9% to Rs 3,214 cr on cloud, digital shift deals

Shiv Nadar to move on and take over as chairman emeritus and strategic advisor to the Board for five years. C Vijayakumar, president and CEO, named managing director

HCL Tech appoints leaders to expand in South Korea, Taiwan and Vietnam

The company has named Joonho Moon in South Korea, Terry Tai in Taiwan and Nguyen Ha Tuan in Vietnam to lead and drive growth in these geographies

Stocks to watch: Tata Motors, Airtel, Gland Pharma, HCL Tech, Orient Cement

Reliance Jio said it is constructing the largest international submarine cable system centred on India with global partners and submarine cable supplier Subcom to cater to increased data demand

Financials lift Sensex 508 pts up; pharma stocks, HCL Tech miss D-St rally

Investors booked profit in the pharma counters after a healthy rally over the past week. The index settled 0.87 per cent down.

Chart check: How to trade HCL Tech and ICICI Bank post their Q4 results?

Both the stocks are in news on Monday after the companies announced their January - March 2020 numbers over the weekend.

Stocks to watch: Tech Mahindra, ICICI Bank, HCL Tech, Hathway Cable

Tech Mahindra is likely to post modest revenue growth in the fourth quarter of the financial year 2020-21, believe analysts

Strong deal wins across segments will be key to HCL Tech's revenue growth

Higher investments and muted growth in the products business can dent margins

Indices decline for 3rd straight week; Sensex slips 202 pts, ends below 48K

The overall market breadth remained in the favour of the bulls, courtesy rally in the broader markets

Stocks to watch: HCL Tech, Torrent Power, Rallis India, Tata Elxsi, Infosys

Infrastructure investment trust IndiGrid on Thursday announced a public issue of non-convertible debt securities to raise up to Rs 1,000 crore

Nifty IT index slips over 4% on profit booking; Infosys, HCL Tech tank 5%

In the month of March, the IT index has outperformed the market by surging 7.7 per cent as against a 1.3 per cent gain in the benchmark index till Wednesday

HCL Tech, California uni, Berkeley partner for advanced health tech lab

IT services major HCL Technologies (HCL) on Wednesday said it has partnered with University of California, Berkeley to create a Health Technology Collaborative Laboratory (CoLab).

HCL Tech Q3 net profit up 31%, crosses $10-bn revenue milestone in 2020

Revenue is expected to grow 2-3 per cent in constant currency terms in Q4 while EBIT outlook for FY21 is now 21-21.5 per cent, up from 20-21% announced previously