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HCLTECH INDIA EXPANSION
IT majors' shares fall following mixed results, weak outlookIndian IT stocks faced significant pressure following mixed quarterly results from major players like Infosys. While TCS reported profit gr...
India's top five IT firms cut nearly 7,000 jobs in FY26India's top IT firms saw a hiring pullback in FY26, with the five major players reducing staff by nearly 7,000. This shift from expansion t...
IT reworks hiring for Gen Z; HCLTech CEO on AIHappy Thursday! India’s IT sector is seeing a sharp rise in replacement hiring as Gen Z professionals switch jobs faster. This and more in ...
Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
Iran conflict and global risks slow GCC expansion in IndiaGlobal geopolitical tensions are slowing new technology centre openings in India, with a dip in brownfield expansions due to macro uncertai...
Volatile geopolitics slows GCC in MarchGlobal geopolitical tensions are impacting new technology center openings in India. While the number of new centers slowed, existing ones a...
IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
AI startups feel war impact; Sarvam eyes unicorn clubHappy Wednesday! War-led uncertainty and a weaker rupee are beginning to impact growth plans for Indian AI startups. This and more in today...
MP has all right ingredients to become IT hub: HCLTech's Abhay ChaturvediHCLTech sees Madhya Pradesh as a future technology and AI hub. The state possesses strong talent and a central location. HCLTech is explori...
HCL Tech has painted a better picture for the yearHCL Tech exceeded expectations in Q3FY25, reporting robust net profit and margin growth, despite slightly below-estimate dollar revenue gro...
HCLTech rolls out 1-4% wage hikes for junior employeesThe new wage hikes announced are being rolled out for the third quarter from October to December. HCLTech, which will report its third quar...
HCLTech slows headcount reduction in Q2 FY25, down by 780 employeesHCLTech's larger peer Tata Consultancy Services (TCS), India’s largest IT services company, added 5,726 employees during the second quarter...
HCLTech launches global delivery centre in PatnaThis first centre of the company in Bihar will focus on the delivery of IT and engineering services for hi-tech and semiconductor companies.
HCLTech renews deal with German cooperative apoBank for $278 millionHCL Technologies expands partnership with apoBank in a USD 278 million deal over 7.5 years, offering a comprehensive range of services to e...
IT stares at slowest quarterly revenue growth in a decadeThe third-quarter results season will begin with TCS and Infosys announcing their results on January 11, followed by HCLTech and Wipro on J...
Indian $245 billion IT sector swallows tougher terms amid scramble for contractsThat is forcing companies including Tata Consultancy Services, Infosys and HCLTech to accept contract conditions such as guaranteeing minim...
More Verizon-like big deals in pipeline: HCLRevenue from $2.1 billion deal to start flowing in from November, may bump up FY24 sales by 1.1%