HCL Tech bags USD 50 mn contract from UK-based Meggitt

HCL Technologies on Thursday said it has received a contract worth around Rs 231 crore from UK-based defence equipment maker Meggitt for providing engineering services.

HCL Tech to hike salaries by 10 percent

HCL Technologies will increase the salaries of their employees by 0-10 percent from October 1, which will result in a drop in its gross margin by 130 basis points.

HCL Technologies net up 18.5 percent

Software services major HCL Technologies Wednesday said net profit for the quarter ended September 30 went up 18.5 percent to Rs 300.75 crore from the like quarter in the previous fiscal.

Fortis signs outsourcing deal with HCL

Hospital chain, Fortis Healthcare on Monday announced a five-year outsourcing deal estimated to be over USD 15 million with IT major HCL Infosystems for implementing software solutions at all its facilities.

HCL, BSNL ink deal to offer low-cost PCs in villages

IT company HCL Infosystems today announced entering into partnership with state-run telecom operator BSNL for offering low-cost broadband-enabled computers in rural areas to bridge the digital divide.

HCL Tech Q4 profit at Rs 193 cr; FY`09 net up 25%

Software exporter HCL Technologies on Tuesday reported a standalone net profit of Rs 192.94 crore for the quarter ended June 30, 2009, while it had a net loss of Rs 13.54 crore in the corresponding period previous fiscal.

HCL Tech up 9% on BSE on better earnings

Shares of HCL Technologies on Tuesday rose nearly nine percent in morning trade on the Bombay Stock Exchange after the company reported a better-than expected profit.