HCL Technologies

  • Renewed US demand to lift Infosys, IT sector outlook July 10, 2013

    Bangalore: The strongest growth outlook for US demand for information and communication technology since the 2008 financial crisis is likely to help Narayana Murthy revive Infosys Ltd, the Indian IT giant he founded, but the updraft will also boost its faster-growing rivals. India's second largest computer services exporter, once seen as...
  • To revive Infosys, Murthy must revamp sales, culture June 4, 2013

    Bangalore: Narayana Murthy's success in turning around Indian IT services firm Infosys hinges on his ability to revive its sales efforts and shake up the conservative culture he helped create. Eleven years after Murthy stepped down as chief executive at India's second largest computer services exporter, Infosys unexpectedly brought back...
  • HCL Technologies Q3 profit up 73 pc, beats estimates April 17, 2013

    Bangalore: HCL Technologies Ltd, India's fourth-biggest software services provider, beat analysts' estimates with a 73 per cent rise in quarterly profit after winning orders and keeping a lid on hiring. Net profit rose to Rs 10.4 billion for the fiscal third-quarter ended on March 31 from Rs 6 billion in...
  • Wipro quarterly profit rises 18 pc, beats estimates January 18, 2013

    India's No 3 software services provider Wipro Ltd posted an 18 per cent gain in quarterly profit, joining bigger rivals Tata Consultancy Services Ltd and Infosys Ltd in reporting better-than-expected earnings. Wipro, whose customers include Apple Inc and BP PLC, said net profit for the three months ended December rose to...
  • HCL Technologies profit jumps 68.4 per cent, beats estimate January 17, 2013

    Bangalore: HCL Technologies, India's fourth-largest software services provider, beat estimates with a 68.4 per cent jump in quarterly profit, joining Infosys and Tata Consultancy Services in signalling a pickup in outsourcing. Consolidated net profit for its fiscal second quarter that ended December 31 rose to Rs 965 crore from Rs...
  • HCL Tech profit rises 78 pc, beats expectations October 17, 2012

    Bangalore: HCL Technologies, India's fourth largest software services provider, beat market expectations with a 78 per cent rise in consolidated net profit for the fiscal first quarter that ended in September, helped by higher contract wins. Consolidated net profit rose to 8.85 billion rupees from 4.97 billion rupees for the...
  • HCL Tech Q4 net up 67.3 pc at Rs 854.1 crore July 25, 2012

    New Delhi: HCL Technologies on Wednesday posted 67.3 per cent jump in net profit at Rs 854.1 crore for the fourth quarter ended June 30, on the back of strong order pipeline. The IT services major had posted a net profit of Rs 510.5 crore in the same quarter last...
  • HCL asked for Murdoch group details July 26, 2011

    London: The Home Affairs Committee of the House of Commons has asked Indian IT major HCL Technologies to provide information about its relationship with Rupert Murdoch's News International, which has been the focus of the phone-hacking controversy in Britain. Keith Vaz, chairman of the committee that has been in the forefront...
  • Forbes India: How Shiv Nadar lets HCL grow up November 4, 2009

    Those who’ve tracked Indian IT for a few years now, usually have no qualms in describing Shiv Nadar as the original pit bull terrier in the business. Fierce, hard charging, unforgiving, and deeply, deeply involved with HCL Technologies--a software services company he spun out of his original creation, a hugely...
  • HCL Technologies net up 18.5 per cent October 28, 2009

    Mumbai: Software services major HCL Technologies on Wednesday said net profit for the quarter ended September 30 went up 18.5 per cent to Rs 300.75 crore from the like quarter in the previous fiscal. Total income for the company increased 5.67 per cent to Rs 1,295 crore for the first quarter...
  • HCL Technologies Q3 net falls 36 pc, shares tumble April 22, 2009

    New Delhi: HCL Technologies Ltd on Wednesday said third-quarter profit fell by more than a third, hit by forex losses, despite a revenue rise, dragging the shares down more than 13 per cent. Profit for HCL, one of India's top five software exporters, fell 36.4 per cent to 2.18...
  • HCL Tech bags $170-million Microsoft contract April 6, 2009

    Mumbai: HCL Technologies Ltd has bagged a five-year IT services contract worth nearly $170 million from software giant Microsoft Corp, the Economic Times reported on Monday. A spokesman for the Indian software firm confirmed the deal but declined to provide further details. Under the transaction, HCL will provide technology services...