India's IT giants grapple with weak growth despite resilient deal momentumInfosys reported results below expectations, impacting its stock performance negatively. Other major IT companies also showed weak revenue ...
IT growth under pressure amid delayed deal ramp-upsRatings agency Crisil last week forecasted the $315-billion industry to grow just 1-3% on a constant currency basis in FY27 and 2-4% in FY2...
AI powerful tailwind for accelerating HCLTech's growth: Chairperson Roshni NadarHCLTech has always treated disruption as a catalyst for reinvention and growth, not as a threat, she said in HCLTech's latest annual report.
HCLTech CEO C Vijayakumar's remuneration jumps 67% to $18.13 million in FY26Vijayakumar, who is based in the US and draws his salary from the step-down wholly owned subsidiary HCL America Inc., saw his compensation ...
HCLTech CEO C Vijayakumar's remuneration jumps 67% to Rs 175 crore in FY26Vijayakumar, who is based in the US and draws his salary from the step-down wholly owned subsidiary HCL America Inc., saw his compensation ...
Zepto may downsize IPO; Tata's legacy chip betZepto is considering slashing the size of its public issue amid pushback from domestic investors. This and more in today’s ETtech Top 5.
HCL Tech shares rise 3% after signing 7-year deal with Guardian Life InsuranceHCLTech shares rose 3% after the IT major announced a seven-year deal with The Guardian Life Insurance Company of America to expand their s...
HCLTech acquires Guardian India Operations for $10.5 millionThe company also signed a fresh seven-year technology services agreement with the insurer. The acquisition is expected to close on August 1...
TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's whyIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged ...
HCL Tech’s Rs 3,500 crore AI data centre foray: A new growth engine or capital-intensive diversion?HCL Technologies is investing up to Rs 3,500 crore in AI data centres to build a full-stack AI ecosystem spanning infrastructure, compute a...
Elevation’s new India fund; InsuranceDekho charts D-Street pathHappy Tuesday! Elevation Capital is looking to back early-stage AI startups in India from its newest fund. This and more in today’s ETtech ...
HCLTech FY guidance stays muted despite $2.4 billion deal momentumHCL Technologies reported marginally better than anticipated financial performance for the June quarter. The company announced a significan...
HCLTech’s Q1 net profit rises 20% to Rs 4,624 croreThe Noida-headquartered company reported a 12% growth in revenue year-on-year for the April-June period to Rs 34,579 crore, although it gre...
HCLTech Q1 profit rises; Sops to fuel Indian chipsHCLTech began FY27 with a strong first-quarter performance. This and more in today's ETtech Top 5.
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...
HCLTech to invest Rs 3,500 crore in data centre businessThis came alongside the announcement of the IT company's June quarter result. HCLTech posted over 20% year-on-year rise in its consolidated...
HCL Tech Q1 preview: Revenue may dip QoQ; net profit could rise on currency depreciationHCL Technologies is expected to report a mixed performance for the June quarter, with brokerages forecasting steady year-on-year profit gro...