HCLTech's bounceback in Q2 holds out hope of moreThis contrasts with the lacklustre performance reported by TCS last week wherein the country's largest IT exporter recorded slower-than-ant...
15 Oct, 2024, 06.26 AM IST
HCLTech headcount dips by 8,080 in Q1FY25HCLTech experiences a notable increase in employee count by 8,080 for the quarter ending June, reaching a total of 219,401 employees. Meanw...
13 Jul, 2024, 12.36 PM IST
HCL Tech’s weak Q1 revenue hints at demand concernsHCL Tech's Q1 FY25 results were mixed, with better-than-expected net profit due to higher other income offsetting disappointing revenue gro...
13 Jul, 2024, 07.32 AM IST
HCLTech bucks trend again, headcount rises by 2,725 employeesFor the full year as well, Noida-headquartered HCLTech added 1,537 employees from overall headcount of 225,944 in March end 2023. Similarly...
26 Apr, 2024, 09.16 PM IST
Growth, profitability drive up TCS, HCLTech valuationAmong the Big Five, Tata Consultancy Services (TCS) and HCLTech have enriched the loyalists, literally. The other three - Infosys, Wipro an...
12 Mar, 2024, 06.01 AM IST
HCLTech asks employees to report to office thrice a weekEmployees who do not follow the directive will face disciplinary action, the company said in an email to employees.
15 Feb, 2024, 01.24 PM IST
HCL Tech Q3 results better-than-expected; here are 6 major takeaways for Dalal StreetHCL Tech’s consolidated net profit rose 13.5% sequentially to Rs 4,350 crore in the December quarter, and revenue grew nearly 7% to Rs 28,4...
12 Jan, 2024, 08.22 PM IST
HCLTech trims full-year outlook on demand dropFor the fiscal second quarter ended September 30, the company posted an 11% sequential fall in revenue in constant currency terms. Net hiri...
13 Oct, 2023, 06.00 AM IST
In Q1, headcount at India’s top IT companies shrinks sharpest over past three yearsSix leading Indian IT services companies that have announced first-quarter earnings recorded the sharpest contraction in headcount in the l...
22 Jul, 2023, 08.34 AM IST
Headcount at big 4 Indian IT companies dips in Q1ET had previously reported that Q1 headcount growth for the IT majors is expected to be flat, in line with the numbers reported for the Jan...
21 Jul, 2023, 03.21 PM IST
Slowdown transient, TCS & HCL Tech to bounce back on long-term demandThe management commentary by each of the companies reveals that the demand slack is on account of either a delay in decision making by clie...
13 Jul, 2023, 05.43 AM IST
HCLTech records 60% fall in headcount addition in FY23Attrition for the quarter stood at 19.5% compared to 21.7% reported last quarter. The 26,734 freshers during the full year missing targets ...
21 Apr, 2023, 11.08 PM IST
HCLTech Q4 net profit rises 11% to Rs 3,983 croreIndia’s third largest software exporter guided for 6-8% annual revenue growth in constant currency for FY24, which is half of the growth ra...
21 Apr, 2023, 06.01 AM IST
HCLTech’s strong deal pipeline affirms a sustained long term momentum amid short term weaknessGiven this, the stocks of the top tier IT exporters are expected to remain under pressure in the short term. The ET Infotech index has lost...
21 Apr, 2023, 05.54 AM IST
HCLTech wins digital transformation deal from ODP CorporationAs part of this agreement, HCLTech will leverage its automation and artificial intelligence (AI) capabilities to enable efficient IT operat...
09 Jan, 2023, 01.49 PM IST
As attrition drops, Indian IT majors eye higher marginsAttrition rate over the past 12 months has dropped to 17-18% across the sector, say experts.
19 Dec, 2022, 06.00 AM IST
HCL Tech profit rises 6.8%; increases revenue guidance to 13.5-14.5%Revenue grew 19.5% on year to Rs 24,686 crore, beating analysts' estimates, on the back of growth in engineering, research & development se...
13 Oct, 2022, 08.45 AM IST