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HCLTECH ATTRITION
HCLTech eyes 15% fresher hiring for specialised, AI rolesThis is in line with the general assessment by the industry, pointed out Ram Sundararajan. He, however, did not cite a definite target for ...- Deal momentum, discretionary spend pickup hint at a better FY26 for InfosysInfosys reported better-than-expected revenue and net profit growth for Q4 2024, increased its FY25 revenue guidance, and plans to hire mor...
- 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'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...
- 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...
- 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...
- 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...
- 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...
- 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.
- 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...
- 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...
- 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...
- 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...
- 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...
- 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 ...
- 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...
- 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...
- 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...
- 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.
- 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...
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