Indian IT's Big-4 build $8 billion cash chest

Last Updated: Sunday, April 21, 2013, 12:47

The country's four top IT firms -- TCS, Infosys, Wipro and HCL Technologies -- have seen their combined cash chest swell to a whopping USD 8 billion (Rs 43,200 crore), even as the overall business trends remain sluggish for the entire sector.

HCL Technologies net profit up 72.6% at Rs 1,039.9 crore in Jan-Mar

Last Updated: Wednesday, April 17, 2013, 09:00

HCL Technologies' net profit zoomed to Rs 1,039.9 crore for the third quarter ended March 31, 2013, from Rs 602.5 crore in the January-March quarter of 2012. It follows July-June fiscal year.

IT cos likely to post steady earnings in Jan-Mar: Analysts

Last Updated: Sunday, April 7, 2013, 12:21

The earnings season will start with Infosys announcing its fourth quarter results on April 12, followed by HCL Technologies on April 17.

HCL to create technology hub for schools in North Carolina

Last Updated: Wednesday, April 3, 2013, 15:08

HCL Technologies on Wednesday said it will create an online technology hub for schools and businesses in collaboration with North Carolina New Schools which will promote science, technology, engineering and math (STEM) programmes in North Carolina state of the USA.

HCL signs multimillion dollar pact with Cobham

Last Updated: Tuesday, January 29, 2013, 18:40

HCL will support multiple Cobham sites across the globe with a broad range of services, hardware, software, embedded, mechanical, testing and full turn-key projects, it added.

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

Last Updated: Thursday, January 17, 2013, 18:32

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.

HCL Tech stock rises 7% on Q2 earnings

Last Updated: Thursday, January 17, 2013, 11:47

Shares of HCL Technologies on Thursday gained 7 percent to touch a one-year high level after the software services major reported a 68.5 per cent jump in its net profit for the quarter ended December 31, 2012.

HCL releases corporate sustainability report

Last Updated: Monday, December 17, 2012, 22:14

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.

HCL Tech to chase contracts up for renewal in Oct-Dec quarter

Last Updated: Wednesday, October 17, 2012, 18:39

At least USD 8 billion worth of contracts will change hands to new vendors, which in itself is a huge number.

HCL Tech scrip hits 52-week high on strong Q1 numbers

Last Updated: Wednesday, October 17, 2012, 11:41

HCL Technologies scrip on Wednesday gained nearly 4 percent to hit one year high after the IT firm posted 78.1 percent jump in net profit for the quarter ended September 30.

HCL Q1 profit soars 78%; shares closes in the red

Last Updated: Wednesday, October 17, 2012, 09:24

The company's net profit stood at Rs 496.7 crore in the July-September quarter of last fiscal. HCL follows a July-June fiscal year.

HCL to give 8% salary hike to offshore staff; hire 10,000 in US

Last Updated: Wednesday, July 25, 2012, 23:20

HCL Technologies on Wednesday said it will give salary hikes of up to 8 percent to its offshore employees and its plan of hiring 10,000 people in the US and Europe is also on track despite the global economic uncertainties.