HCL Technologies posts 28% rise in Q2 profit

Last Updated: Friday, January 30, 2015, 09:55

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 Tech rallies over 3% on strong Q2 results

Last Updated: Thursday, January 16, 2014, 13:09

Shares of HCL Technologies on Thursday rose over 3 percent after the company reported 58.4 percent rise in consolidated net profit for the second quarter ended December 31, 2013.

HCL Q2 net soars 58%, revenue crosses $5 billion

Last Updated: Thursday, January 16, 2014, 10:32

The Noida-based firm's revenue crossed USD 5 billion in 2013, a first for the company.

Vineet Nayar steps down from HCL Tech Board

Last Updated: Friday, December 27, 2013, 18:55

IT industry veteran Vineet Nayar Friday stepped down from the board of country's fourth largest software services firm, HCL Technologies, to devote more time to his foundation.

HCL Tech Q1 Net up 63.8%; sequential revenue growth disappoints

Last Updated: Thursday, October 17, 2013, 09:06

HCL Technologies , India`s No. 4 IT services exporter, beat market expectations with a 64 percent rise in September quarter profit, joining larger Indian rivals in signalling accelerated spending by clients.

HCL Tech wins multi-million dollar contract in US

Last Updated: Wednesday, September 25, 2013, 17:58

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.

FIPB to consider Axis Bank, HCL Tech proposals next week

Last Updated: Wednesday, September 11, 2013, 16:02

The proposals of Axis Bank and HCL Technologies to raise foreign shareholding limit will be taken up for consideration by the Foreign Investment Promotion Board (FIPB) next week.

HCL Tech bags deal from Direct Energy

Last Updated: Wednesday, September 4, 2013, 20:53

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

HCL Q4 Net up 41.6% on robust contract renewals, infra sevices

Last Updated: Wednesday, July 31, 2013, 09:18

IT firm HCL Technologies on Wednesday reported a 41.6 percent increase in fourth quarter consolidated net profit, helped by strong momentum in contract renewals and growth in infrastructure service offerings.

Subdued Q1 earnings expected for IT cos: Analysts

Last Updated: Sunday, July 7, 2013, 19:45

Infosys will kick off the first-quarter earnings season for the Indian IT-services industry from July 12, followed by other big boys like Tata Consultancy Services, Wipro and HCL Technologies in the next few weeks.

HCL Technologies Finland may sack 140 employees

Last Updated: Sunday, June 30, 2013, 15:51

Country's fourth largest software services provider HCL Technologies may sack 140 staff at its Finland office, a move, employees alleged, is an attempt to replace local workers with cheaper talent from India.