HCL Technologies on Friday said the cost cutting phase necessitated by the global economic downturn is over and it will work with its global customers to help redesign their business.
Shares of HCL Technologies declined by 5.45 percent to Rs 362 on the Bombay Stock Exchange in early trade after the IT major reported a 36 per cent fall in its quarterly net profit.
The country`s third largest software company, HCL Technologies, today reported a 35.92 percent decline in net profit at Rs 255 crore in the October-December quarter.
Industrialist Shiv Nadar-promoted HCL Technologies on Wednesday announced a pact with Optimation, a top company in information and communication technology in New Zealand, to offer services to the government there.
Day in Pics: 29th August
August 29, 2014
Famous Ganesh Pandals in Mumbai