HCL Infosystems Q3 results: Reports net loss of Rs 34 cr; company to sell HCL Infotech to Novezo ConsultingThe company's Board of Directors has also approved the sale of its wholly-owned subsidiary HCL Infotech Ltd to Novezo Consulting at a purch...
10 Feb, 2021, 11.33 PM IST
L&t Infotech IPO may not have broad appeal for all investorsL&T, the engineering conglomerate, is selling 10% stake in its subsidiary L&T Infotech in the primary market.
06 Jul, 2016, 05.56 AM IST
L&T to list IT arm Infotech by December, plans to raise Rs 1,800 croreL&T has initiated the process of shortlisting its book running lead managers with Kotak, Citi, Barclays and SBI Caps believed to be making ...
23 Jun, 2015, 05.59 AM IST
HCL Infosystems partners with MongoDB to advance Big Data OfferingsMongoDB and HCL Infosystems have announced global partnership which will allow latter to further broaden its solution offerings in the emer...
18 Dec, 2014, 03.47 PM IST
Shiv Nadar family’s buy doubles share price of HCL InfosystemsThe investment firm Vama Sundari Investments bought two-lakh-odd shares in the beginning of February, translating into 0.1% stake in HCL In...
10 Apr, 2014, 11.41 AM IST
HCL Infosystems to phase-off manufacturing businessOn specific timeline, Chitale said the plan is underway but "manufacturing is not something that is keeping me awake, its not part of HCL s...
17 Nov, 2013, 12.54 PM IST
HCL Infosystems to focus on services, distribution verticalsThe restructuring will also help the learning business, which is a new one, to pursue strategy best suited to meet its expansion goals, Chi...
15 Nov, 2013, 09.21 PM IST
Defence Ministry's new rule puts IT cos' deals worth $10 billion in perilThe defence ministry memo prevented companies from counting research and design, software testing and training as part of their offset requ...
16 Jul, 2013, 08.02 AM IST
IT majors like HCL Tech, Mahindra Satyam & Infosys bid for Polaris FinancialHowever, the bidders are offering a price that is lower than $400 mn that Polaris was expecting for it, said two people close to the develo...
16 May, 2013, 07.12 AM IST
Why is L&T building a second IT business within itself?Together, L&T Infotech and the engineering services SBU would have revenues of close to $1 billion, making it a sizeable player on the IT l...
27 Nov, 2012, 10.25 AM IST
- Further crude weakening will be a sign of slowing global growth: Sonam Udasi, IDBI Capital
The crude coming off should be structurally good for the fiscal and that is holding out Indian markets compared to what is happening in US ...
26 Jun, 2012, 07.30 PM IST
- Infosys bets big on African market; seeks to expand IT services
Infosys has already a presence in Africa and is now looking at broader play in the continent. TCS, Wipro & HCL are also attempting to make ...
25 Mar, 2011, 09.24 PM IST
- Coal India gets just two bids for Rs 700-crore ERP projects
Termed as one of the largest ERP projects valued at Rs 700 crore, the project being undertaken by Coal India (CIL) has received just two bi...
26 Jan, 2011, 06.46 AM IST
- Top 20 Indian BPOs' export revenue at $6 bn in FY '10: Survey
Though lower than the growth of 17% achieved in 2008-09 fiscal, export revenue of the top 20 BPO firms grew twice as fast as that of the to...
01 Aug, 2010, 02.10 PM IST
- Satyam out, HCL takes 4th spot
With Satyam's disclosure of falsifying revenue figures, HCL Technologies becomes the fourth-largest Indian IT services firm by revenues.
09 Jan, 2009, 01.23 AM IST
- Stocks to watch on Tuesday
Tracking the decline in Asian shares, Indian markets are likely to take a breather on Tuesday after the sharp run-up the previous day.
09 Sep, 2008, 09.37 AM IST
- Consolidated figures reveal the real picture
With inorganic & organic growth on the rise, performance of subsidiaries start reflecting on parents’ balance-sheets.
11 Jul, 2007, 11.45 PM IST