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HCL Tech to buyback stock at 17% premium for Rs 3,500 crore

HCL Tech to buyback stock at 17% premium for Rs 3,500 crore

India's fourth largest software services firm HCL Technologies on Wednesday said it will buyback shares at Rs 1,000 apiece, a 17 per cent premium over current trading price.

Paris attacks: IT firms, including TCS, Infosys, issue advisory for employees

Paris attacks: IT firms, including TCS, Infosys, issue advisory for employees

In the wake of Paris terrorist attack, IT companies including TCS, Infosys and HCL have issued advisory for its employees to follow guidelines announced by the local authorities.


HCL Tech tumbles 6% post earnings

Shares of HCL Technologies on Monday plunged 6 per cent after the company reported a decline in consolidated net profit for the fourth quarter ended June 30.

HCL net profit up 14% in fiscal 2014-15

In a regulatory filing to the Bombay Stock Exchange (BSE), the outsourcing firm said revenue for the fiscal increased 12.6 percent YoY to Rs 37,061 crore.

Govt to sell 15% stake in Hindustan Copper

Govt to sell 15% stake in Hindustan Copper

As part of its disinvestment plans via stake sale in public enterprises during this fiscal, government will sell 15 percent of its shareholding in Hindustan Copper Ltd, Parliament was informed on Friday.

Deutsche Bank partners with Microsoft, HCL, IBM in tech lab launch

"These labs will act as a bridge between start-ups and different parts of the bank, enabling it to apply innovative technology to enhance service to clients and internal processes," said Henry Ritchotte, Chief Operating Officer and Chief Digital Officer at the bank in a statement.

HCL launches integrated talent solutions company

HCL TalentCare enables anytime-anywhere learning that is industry-focused.

Hind Copper to develop new mines in Chhattishgarh

Public sector firm Hindustan Copper Ltd (HCL) Friday said it has got approval from its board for a joint venture with Chhattisgarh Mineral Development Corporation for developing new mines in the state.

TCS to announce Q4 results on Apr 16; HCL Tech, Infy to follow

Instead, it will be India's largest software services firm Tata Consultancy Services (TCS) that will announce its set of numbers on April 16.

Wipro, HCL in race for Sebi's fraud detection system upgrade

As markets watchdog Sebi plans a capacity augmentation of its fraud detection system, IT majors, including Wipro, HCL, Tech Mahindra and L&T Infotech, have evinced interest in bagging the contract.

Shiv Nadar Foundation sells Rs 1,108.9 crore stake in HCL Tech

Shiv Nadar Foundation Monday sold its entire 0.79 percent stake in HCL Technologies for Rs 1,108.9 crore in the open market to comply with regulations and the funds would be used to realize various initiatives.

HCL Tech, Tele2 partner to tap M2M,IoT opportunities in Europe

By focusing on the healthcare segment in Europe, the two companies will jointly address one of the fastest growing areas of the M2M and IoT market, HCL Technologies said in a statement.

HCL sets up delivery centre in Texas; to create up to 500 jobs

Country's fourth largest software services firm HCL Technologies has set up a global delivery centre in the US and will initially create 300 jobs.

HCL Tech Q2 Net up 28% at Rs 1,915 crore

HCL Tech Q2 Net up 28% at Rs 1,915 crore

The city-based firm, which follows July-June fiscal year, had posted a net profit of Rs 1,496 crore in the year-ago period, it said in a BSE filing.

HCL Technologies posts 28% rise in Q2 profit

HCL Technologies Ltd , India`s fourth-largest software services exporter by revenue, posted a 28 percent rise in quarterly profit as a recovery in global economy helped spur demand for outsourcing services.

HCL announces global partnership with nextgen database MongoDB

The partnership will enable HCL Infosystems to further broaden its solution offerings in the emerging big data segment by developing services around MongoDB, the company said in a release.

HCL Tech inks pact with Washington Gas for customer services

Washington Gas distributes natural gas to about 1.1 million residential, commercial and industrial customers in the District of Columbia, Maryland and Virginia. It is a subsidiary of WGL Holdings, a public utility holding company based in Washington, DC.

New HCL Info MD to enhance e-commerce, tune go-to-market strategy

HCL Infosystems' Premkumar Seshadri, who will replace Harshavardhan Madhav Chitale as MD from next year, is looking to augment the over Rs 7,000-crore IT hardware maker's go-to-market strategy in distribution business and enhance e-commerce presence.

HCL Tech Q1 profit up 32.3%; sees growth from US, Europe

The Noida-based company had posted net profit of Rs 1,416 crore in the year-ago period.

HCL Tech quarterly profit up 32%, shares fall

For most IT services companies, analysts and investors track the dollar sales numbers as clients oversees get billed in that currency.