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HCL set to buy out Butler America Aerospace for $85 million

HCL set to buy out Butler America Aerospace for $85 million

IT services major HCL Technologies today said today it will acquire Butler America Aerospace for USD 85 million in cash, a move aimed at strengthening its position in the aerospace and defence engineering services space.

HCL set to move from data centres to Cloud

HCL set to move from data centres to Cloud

With an aim to boost digital transformation, HCL Technologies will increase investment on SMAC (Social, Mobility, Analytics, Cloud) -- especially Cloud -- in next couple of years, a top company executive has said.

HCL Tech Q2 net up at Rs 1,920 cr; sees strong pipeline ahead

HCL Tech Q2 net up at Rs 1,920 cr; sees strong pipeline ahead

The company, which follows July-June fiscal year, had posted a net profit of Rs 1,915 crore in the year-ago period.

Antim Baazi: Expert on IT Sector

The expert says that in the IT Sector lot changes are coming. Many companies are going through a rough phase but on the whole the sector looks good.

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 Tech Q3 Net up 3.6%; margins hit by currency fluctuations

The company's consolidated revenue for the reported quarter rose 11 percent at Rs 9,267 crore from Rs 8,349 crore in the corresponding period a year ago.

HCL Tech shares fall over 4% on dollar revenue concerns

After falling 4.55 percent to Rs 935 on the BSE during the day, shares of HCL Tech finally ended at Rs 939.50, down 4.10 percent on the BSE.

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 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.

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. 

HCL Tech appoints Matt Preschern as chief marketing officer

IT services provider HCL Technologies on Wednesday appointed Matt Preschern as executive vice president & chief marketing officer, a company statement here said.

HCL Tech appoints Matt Preschern as Chief Marketing Officer

IT services firm HCL Technologies today announced the appointment of Matt Preschern as its Chief Marketing Officer (CMO) and Executive VP.

Nifty snaps four session poll-rally, down 23 pts

The Indian market snapped its four session poll-rally as profit-booking in key counters of banking, pharma, infra and energy pulled down the broader benchmark by 22.60 points, but managed to end at the important 7,250-level at the NSE.

RBI permits hike in FII limit in Tata Motors, HCL Tech

The Reserve Bank on Thursday allowed a hike in FII investment limit in Tata Motors Ltd and HCL Technologies.

HCL Tech wins multi-million dollar contract in US

Software services company HCL Technologies Wednesday said it has won a multi-year multi-million dollar contract to modernise unemployment insurance services in the US states of Wyoming, Colorado, Arizona and North Dakota.

HCL Tech bags deal from Direct Energy

HCL will also provide infrastructure hosting, application management and business process services, it added.

HCL Tech settles with over 1% loss post results

Erasing early gains, shares of HCL Technologies Wednesday ended over 1 percent lower in an overall sluggish stock market, although the IT major reported 72.59 percent jump in consolidated net profit for the quarter ended March 31.

Anant Gupta elevated as HCL Tech CEO; Nayar to continue as VC

Country's fourth largest software services company HCL Technologies Thursday announced the appointment of Anant Gupta as its new CEO, replacing industry veteran Vineet Nayar.

Nokia cuts 300 jobs; to outsource 800 staff to TCS, HCL Tech

Nokia on Thursday said it will outsource the IT function to Indian technology firms TCS and HCL Technologies, a move that will see the Finnish handset maker cutting up to 300 jobs.

HCL releases corporate sustainability report

The report is an indicator of HCL's progress and outcomes in the corporate sustainability areas and has been created as per the A+ application level and externally assured by DNV, HCL Technologies Vice-Chairman and CEO Vineet Nayar said.