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HCL Tech cuts FY24 revenue growth guidance to 5-6%

IT company HCL Technologies on Thursday posted a 9.9 per cent increase in consolidated net profit t…

PTI   


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5 mins read

Brokerages not rattled by big 3 IT players' tepid Q2 performance

The Indian IT sector has kicked off the Q2 earnings season on a somber note. The Big 3 tech compani…

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6 mins read

Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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6 mins read

HCL Tech projects its revenue to grow between 6-8% in FY24

Indicating that the Indian IT sector might be entering the slow lane, HCL Tech said on Thursday tha…

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3 mins read

Responsible innovation, reskilling needed as tech cos embrace Gen AI: Industry experts

With generative artificial intelligence set to impact operations in businesses, industry experts em…

PTI   


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Canada Pension Plan Investment Board invests C$60 mn in National Highways Infra Trust

Canada Pension Plan Investment Board invests C$60 mn in National Highways Infra Trust

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6 mins read

HCL Tech lowers revenue guidance for FY23 to 13.5-14%, Q3 revenue and profit growth beat expectations

Indian IT services company HCL Tech lowered its revenue growth guidance for FY23 to 13.5-14% in con…

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4 mins read

Sensex, Nifty50 edge lower amid negative global cues: Realty, metal and auto stocks decline

Indian benchmark indices Sensex and Nifty50 are likely to open on a tepid note on Friday amid negat…

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4 mins read

HCL Tech’s net profit rises 6.3% sequentially, company increases FY23 revenue guidance

Noida-based IT company HCL Technologies today reported a 6.2% increase in the second quarter net pr…

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EXCLUSIVE: HCL Tech is expanding operations in Canada as H-1B visa issues persist

The uncertainty around the Trump administration’s H-1B visa regulations is forcing companies to get…

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6 mins read

IT bellwethers slash headcount in FY24 but Indian techies find a home with GCCs

Headcount in the top IT services firms in India is down by 75,000 in the last one year. However, ex…

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Tucker Carlson gets roasted for praising decades-old shopping cart tech in Russia

Tucker Carlson was wowed by Russian shopping carts that unlock with a coin. People online questione…

Dominick Reuter   


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5 mins read

Hiring by IT cos down 96% in Q3 compared to preceding 7 quarters even as attrition cools

Collectively India’s top four IT companies TCS, Infosys, HCL Tech and Wipro saw a net addition of j…

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4 mins read

IT biggies post 14-20% topline growth in Q3 as caution, optimism marks mixed earnings' commentary

The industry leaders said they are keeping a close watch on the global economy and cues. O…

PTI   


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4 mins read

HCL Tech beats Wipro to become India’s third largest IT company

Shiv Nadar's HCL Tech has beaten Azim Premji's Wipro to become the third largest IT company in Indi…

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1 min read

HCLTech to hire 1,000 people in Brazil, open next-gen tech centre

Tech firm HCLTech on Wednesday announced plans to hire 1,000 people in Brazil in the next two years…

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Amid risks of a slowdown, these IT companies are best placed to survive the storm

Slowdown concerns and cost-reduction mandates of clients figured in the commentary of Indian IT com…

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2 mins read

HCL Tech reports over three-fold rise in net profit at ₹3,593 crore

HCL Tech expects revenue to grow between 12-14 per cent in constant currency for the fiscal 202…

PTI   


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4 mins read

The street is dumping HCL Tech shares because its employees are leaving at a faster rate than ever before

However, the stock slipped nearly 7% when the market opened for trade on Monday (Jan 17). So…

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4 mins read

Cognizant braces for slow year ahead, to cut 3,500 jobs and slash office spaces

$NIFTYIT.NSE Cmp- 27836Nifty IT index made Dragonfly doji on weekly chart, RSI divergence on chart,…