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HCLTECH FINANCIAL RESULTS
HCLTech's workforce declines by 3,292 in Q1 FY27HCLTech's workforce shrank by a net 3,292 employees during the April-June quarter of FY2026-27, marking its sharpest quarterly decline in a...- 120,000 tech jobs cut in 2026 as AI drives Big Tech's reset; India's IT could be nextGlobal technology layoffs are resurfacing in 2026, driven by artificial intelligence adoption. Companies are restructuring teams and automa...
- HCL Tech surges 6% on $1.14 billion AI deal; Mercedes-Benz likely clientHCL Tech shares surged following a significant $1.14 billion deal with a European Fortune Global 50 firm to manage its digital workplace an...
- Why stock market crashed today? Sensex sinks 1,100 points, Nifty below 23,550. 4 key factorsIndian stock markets experienced a sharp downturn Friday, with Sensex and Nifty falling significantly due to persistent foreign investor se...
- Over 114,000 jobs cut in tech so far in 2026 as AI drives layoffs at Amazon, LinkedIn, othersTech companies are implementing significant workforce reductions, with 114,210 roles cut in early 2026, driven by AI and automation. Major ...
- IT’s Rs 18 lakh crore m-cap rout; Info Edge, Ixigo post Q4 profitsA multi-month bear market has hit the valuations of India’s top 10 digital and technology services exporters. This and more in today’s ETte...
- This smallcap recruitment company is set to announce buyback on May 20. Do you own?TeamLease Services will hold a board meeting on May 20. The board will review the company's January-March quarter results for FY26. A propo...
- OpenAI, Anthropic tap PE muscle to disrupt $300 billion IT services marketAI giants OpenAI and Anthropic are forging major joint ventures with private equity firms, injecting billions to accelerate AI adoption acr...
- Indian IT faces AI reset as top 5 firms post mixed FY26Earnings analyses reveal a sector transitioning rapidly away from traditional effort-based delivery. AI-driven productivity is causing reve...
- HCLTech Q4 net profit up 4.2% YoY to Rs 4,488 croreThe HCLTech management attributed the subdued quarterly performance to macro-uncertainties clouding the tech investment landscape and said ...
- HCLTech to acquire Singapore-based Finergic Solutions for about $14.8 millionHCLTech has agreed to buy Singapore-based wealth consulting firm Finergic Solutions for S$19 million in cash. The deal strengthens HCLTech’...
- HCLTech rolls out salary hike after Q2 resultsThe increments, which will be effective from this month, will be of the order of about 7%. Earlier, the IT major reported a profit after ta...
- HCLTech's Q4 profit dips 6.5% to Rs 4,307 croreThe Noida-based company's forecast, though, was better than that of its peers. While Infosys has guided for flat to 3% growth in 2026 reven...
- HCLTech delivered strong growth in Q3, expect momentum to continue in Q4: C VijayakumarHCLTech CEO C Vijayakumar and CFO Shiv Walia elaborate on their Q3 performance and forecast. They report improvements in the spending and d...
- HCLTech eyes new revenue streams to diversify risksTo capitalise on new growth avenues, Shiv Nadar-founded IT services company HCLTech is looking to strategically expand its presence in mark...
- HCLTech Q1 net profit up 6.8% at Rs 4,257 crore; beats estimatesHCLTech's profit rose 6.8% to Rs 4,257 crore, driven by $70 million non-core income. EBIT, revenue declined. TCS earnings boosted stocks. C...
- 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...
- HCLTech Q3 results preview: Revenue to grow better than peers; company may retain FY24 guidanceThe company is seen reporting a nearly 5% sequential rise in consolidated revenue to Rs 27,959.40 cr, and net profit is expected to increas...
- HCLTech may not offer wage hikes to middle and senior-level staff in FY24The classification of E0 – E2 employees range from freshers to technical leaders and E3 – E6 employee band are those with mid-level positio...
- Our growth guidance of 16-17% is still the "best" among IT peers: HCLTech CFOThe Noida-headquartered company expects “decent” deal bookings in the December-ended quarter while operating margin is also expected to imp...
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