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India’s third-largest software services company by revenue posted a profit of Rs.3,982 crore in the three months ended December 31, a 26.7% increase from the previous quarter,(Pradeep Gaur/Mint File Photo)

HCL Tech Dec qtr profit jumps 27% to Rs.3,982 crore

By Nandita Mathur, New Delhi
PUBLISHED ON JAN 16, 2021 08:55 AM IST
The strong performance prompted HCL Tech to lift its revenue forecast for the March quarter. It expects revenue during the quarter to grow 2-3% in constant currency terms, up from its previous estimate of 1.5-2.5%.
Through various initiatives, The Habitats Trust works to empower on-ground conservationists and organisations in India.(The Habitats Trust)
Through various initiatives, The Habitats Trust works to empower on-ground conservationists and organisations in India.(The Habitats Trust)

Meet the dedicated conservationists, who have been awarded The H Trust G 2020

By Promotional Feature, HT Brand Studio
PUBLISHED ON DEC 10, 2020 06:59 PM IST
The Habitats Trust empowers on-ground conservationists and organisations to achieve their vision of securing India’s natural habitats and their indigenous species.
Azim Premji Endowment Fund owns 13.6 per cent of the promoter’s shareholding in Wipro(REUTERS)
Azim Premji Endowment Fund owns 13.6 per cent of the promoter’s shareholding in Wipro(REUTERS)

Wipro’s Azim Premji emerges as most generous Indian in FY20

Mumbai | By Press Trust of India
PUBLISHED ON NOV 11, 2020 05:01 PM IST
Richest Indian Mukesh Ambani of Reliance Industries retained the third spot among the list of givers by donating Rs 458 crore as against Rs 402 crore a year ago, a report said.
Over the past week, Sensex lost 526.51 points or 1.29 per cent(Bloomberg)
Over the past week, Sensex lost 526.51 points or 1.29 per cent(Bloomberg)

6 of top 10 most valued firms’ combined market valuation tumbles over Rs 1 lakh cr

New Delhi | By Press Trust of India | Posted by Ayshee Bhaduri
PUBLISHED ON OCT 18, 2020 07:35 PM IST
Over the past week, Sensex lost 526.51 points or 1.29 per cent. RIL,TCS, HDFC Bank, ICICI Bank, HCL, and Bharti Airtel suffered losses,while HUL,Infosys, HDFC, and Kotak Mahindra Bank were the gainers
THCL Technologies’ office is seen in Greater Noida in this file photo. On the S&P BSE Sensex, the stock opened with gains but failed to carry the momentum and dropped 4.47% to Rs 821 as the trade progressed.(File Phot)
THCL Technologies’ office is seen in Greater Noida in this file photo. On the S&P BSE Sensex, the stock opened with gains but failed to carry the momentum and dropped 4.47% to Rs 821 as the trade progressed.(File Phot)

HCL Technologies shares drop over 4% after Q2 earnings

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Meenakshi Ray
PUBLISHED ON OCT 16, 2020 12:50 PM IST
HCL Technologies said in a regulatory filing that it had registered a net profit of Rs 2,651 crore in the July-September 2019 quarter, as per US GAAP
HCL Technologies Ltd; office noida sector 126;utter pradesh;17/10/2012;photo:(Pradeep Gaur/Mint File Photo)
HCL Technologies Ltd; office noida sector 126;utter pradesh;17/10/2012;photo:(Pradeep Gaur/Mint File Photo)

HCL Technologies September quarter net profit up 18.5% at Rs 3,142 crore

New Delhi | By Press Trust of India | Posted by Kanishka Sarkar
PUBLISHED ON OCT 16, 2020 10:24 AM IST
HCL Technologies’ revenue grew 6.1% to Rs 18,594 crore in the quarter under review, from Rs 17,528 crore in the corresponding quarter last year.
The market valuation of HDFC declined by Rs 12,737.66 crore to Rs 2,96,339.09 crore and that of Tata Consultancy Services (TCS) dived Rs 10,675.53 crore to reach Rs 9,08,940.15 crore.(PTI)
The market valuation of HDFC declined by Rs 12,737.66 crore to Rs 2,96,339.09 crore and that of Tata Consultancy Services (TCS) dived Rs 10,675.53 crore to reach Rs 9,08,940.15 crore.(PTI)

Eight of top 10 valued firms lose Rs 1.57 lakh cr in market valuation

New Delhi, Delhi | By Press Trust of India | Posted by Shivani Kumar
UPDATED ON SEP 27, 2020 11:59 AM IST
Last week, the Sensex lost 1,457.16 points or 3.83 per cent. Only Infosys and HCL Technologies emerged as gainers among the most valued firms.
HCL Technologies Ltd(Mint/Pradeep Gaur)
HCL Technologies Ltd(Mint/Pradeep Gaur)

HCL Technologies shares jump 5% after DWS deal

New Delhi | By Press Trust of India | Posted by Amrutha Kosuru
UPDATED ON SEP 21, 2020 03:41 PM IST
The shares of the company rose by 4.75 per cent to Rs. 849.70 -- its 52-week high -- on the BSE. It was the top gainer in the Sensex pack.
Roshni Nadar Malhotra has held the posts of executive director and CEO of HCL Corporation, vice chairperson of the board of HCL Technologies, and is also a trustee of the Shiv Nadar Foundation.(TWITTER.)
Roshni Nadar Malhotra has held the posts of executive director and CEO of HCL Corporation, vice chairperson of the board of HCL Technologies, and is also a trustee of the Shiv Nadar Foundation.(TWITTER.)

India’s richest woman, Roshni Nadar Malhotra, is now new chief of HCL Tech

Hindustan Times, New Delhi | By hindustantimes.com | Edited by Sohini Sarkar
UPDATED ON JUL 17, 2020 04:37 PM IST
The appointment of non-executive director Roshni Nadar Malhotra to the new role takes effect immediately, the company said in a regulatory filing.
HCL Technologies Ltd; office noida sector 126;utter pradesh;17/10/2012;photo:pradeep gaur/mint
HCL Technologies Ltd; office noida sector 126;utter pradesh;17/10/2012;photo:pradeep gaur/mint

US H1-B visa suspension to have ‘minimal impact’ on its operations, says HCL Tech

New Delhi | By Press Trust of India | Posted by Anubha Rohatgi
UPDATED ON JUL 17, 2020 03:28 PM IST
HCL Technologies, which has over 1.5 lakh employees globally at the end of June 2020 quarter, saw 63.7 per cent of its revenues come from the Americas market.
“Shiv Nadar, who expressed his desire to step down from the position of Chairman, will continue to be the Managing Director of the company with designation as the Chief Strategy Officer,” the company said in a statement.(Mint file photo)
“Shiv Nadar, who expressed his desire to step down from the position of Chairman, will continue to be the Managing Director of the company with designation as the Chief Strategy Officer,” the company said in a statement.(Mint file photo)

HCL Tech Q1 net profit up at Rs 2,935 crore, Shiv Nadar steps down as chairman

New Delhi | By Asian News International| Posted by: Harshit Sabarwal
PUBLISHED ON JUL 17, 2020 11:15 AM IST
His daughter Roshni Nadar Malhotra will succeed him with immediate effect.
Virat Kohli poses with the ICC Cricket World Cup trophy at the Sydney Cricket Ground in Sydney on January 11.(AFP)
Virat Kohli poses with the ICC Cricket World Cup trophy at the Sydney Cricket Ground in Sydney on January 11.(AFP)

India favourites to win 2019 World Cup, says Sourav Ganguly

Noida | By PTI
UPDATED ON FEB 22, 2019 10:00 AM IST
Former skipper Sourav Ganguly described India as favourites to lift the World Cup, saying the team is in best possible shape to win the quadrennial event
The transaction, subject to “completion of applicable regulatory reviews”, is slated to close by mid-2019, HCL Technologies said in a statement.(HCL)
The transaction, subject to “completion of applicable regulatory reviews”, is slated to close by mid-2019, HCL Technologies said in a statement.(HCL)

Indian IT firm HCL Tech to acquire select IBM software products for USD 1.8 billion

New Delhi | By Press Trust of India
UPDATED ON DEC 07, 2018 08:46 AM IST
Indian IT company HCL Technologies Friday said it will acquire select IBM software products for USD 1.8 billion (over Rs 12,700 crore) in an all-cash deal.
BHUBANESWAR, INDIA - NOVEMBER 28: Simranjeet Singh of India celebrates with teammates after scoring during the FIH Men's Hockey World Cup Pool C match between India and South Africa at Kalinga Stadium on November 28, 2018 in Bhubaneswar, India.(Getty Images for FIH)
BHUBANESWAR, INDIA - NOVEMBER 28: Simranjeet Singh of India celebrates with teammates after scoring during the FIH Men's Hockey World Cup Pool C match between India and South Africa at Kalinga Stadium on November 28, 2018 in Bhubaneswar, India.(Getty Images for FIH)

World Cup 2018: It has been a dream start for India - Sardar Singh

Greater Noida | By PTI
UPDATED ON NOV 30, 2018 08:33 PM IST
Over 500 students across 120 schools and 72 Gurukuls were part of the ‘Sports for Change’ initiative and more than 350 under privileged children were shortlisted for the national qualifier round across different sports.
The Trump led administration has said it is planning to “revise” the definition of employment and specialty occupations under the H-1B visas by January, a move which will have an adverse impact on the Indian IT companies in the US .(Reuters)
The Trump led administration has said it is planning to “revise” the definition of employment and specialty occupations under the H-1B visas by January, a move which will have an adverse impact on the Indian IT companies in the US .(Reuters)

IT stocks tank up to 6% over tightening H-1B visa norms

New Delhi | By Press Trust of India
UPDATED ON OCT 19, 2018 07:21 PM IST
Shares of Infosys dropped 3.11 per cent, TCS fell by 0.55 per cent and Wipro softened by 0.29 per cent on the BSE.
During the recruitment drive from August 10-12, 5,600 candidates appeared in walk-in interviews wherein 120 fresh engineers and over 600 fresh non-engineering graduates were selected, company’s Executive Vice President Sanjay Gupta said.(Istock)
During the recruitment drive from August 10-12, 5,600 candidates appeared in walk-in interviews wherein 120 fresh engineers and over 600 fresh non-engineering graduates were selected, company’s Executive Vice President Sanjay Gupta said.(Istock)

5,600 job-seekers turn up at HCL recruitment drive

PTI, Lucknow | By HT Correspondent
UPDATED ON AUG 14, 2018 04:23 PM IST
HCL Technologies on Tuesday said its three-day mega recruitment drive in Lucknow saw a huge turnout of 5,600 young job aspirants from the city and its neighbourhood.
Three kidnappers were arrested and a 35-year-old techie (in pic) from HCL, Noida, was rescued by Uttar Pradesh special task force and Ghaziabad police on Friday morning(HT photo)
Three kidnappers were arrested and a 35-year-old techie (in pic) from HCL, Noida, was rescued by Uttar Pradesh special task force and Ghaziabad police on Friday morning(HT photo)

HCL engineer abduction: How a lapse helped UP cops solve the case

Hindustan Times, Ghaziabad | By HT Correspondent
UPDATED ON JUN 02, 2018 09:38 AM IST
The kidnappers used the mobile of the victim to make ransom calls and switched it off after sending messages and videos. But they faltered once and the teams traced them.
HCL Technologies does not provide a quarterly revenue outlook but the management expects dollar revenue to grow between 10.5% and 12.5% in 2018-19(Pradeep Gaur/Mint)
HCL Technologies does not provide a quarterly revenue outlook but the management expects dollar revenue to grow between 10.5% and 12.5% in 2018-19(Pradeep Gaur/Mint)

HCL poised to replace Wipro as India’s third biggest IT firm

Livemint, Bengaluru | By Varun Sood
UPDATED ON MAY 03, 2018 12:23 PM IST
Billionaire Shiv Nadar-led HCL Technologies expects its dollar revenue to grow by as much as 12.5% in the current financial year, implying that the company will race past Azim Premji-led Wipro.
Rajesh Gopinathan, CEO and MD, TCS, speaks during a news conference in Mumbai. TCS posted a better-than-projected 4.5% rise in quarterly profit after scoring multi-billion dollar contracts recently and bolstered revenues from digital services like cloud and mobile.(Dhiraj Singh/Bloomberg)
Rajesh Gopinathan, CEO and MD, TCS, speaks during a news conference in Mumbai. TCS posted a better-than-projected 4.5% rise in quarterly profit after scoring multi-billion dollar contracts recently and bolstered revenues from digital services like cloud and mobile.(Dhiraj Singh/Bloomberg)

TCS set to become first Indian company with $100 billion market cap

Press Trust of India, Delhi | By Press Trust of India
UPDATED ON APR 20, 2018 06:52 PM IST
Shares of TCS jumped 6.76% to settle at Rs 3,406.40 on the BSE on Friday. During the day, it soared 7.22% to its 52-week high of Rs 3,421.25.
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