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Latest Articles in HCLTech

HCLTech Starts Climate Action Grant In America, Commits $5 Mn To Support NGOs

The HCLTech Grant programme has been supporting India-based NGOs for the last eight years and its entry into America will aid NGOs and scale their grassroots innovation in climate action

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HCLTech Wins Multiyear Siemens AG Managed Public Cloud Services Deal

The company's announcement of the Siemens AG deal marks the second significant announcement made by the company within a single day

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HCLTech Secures Multi-year Digital Transformation Deal With Australian Agribusiness Leader, Elders

Under the terms of the collaboration, HCLTech will provide a diverse portfolio of IT capabilities, encompassing managed IT services, AI offerings and more

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HCLTech Signs Agreement With Cloud Software Group To Boost TIBCO Product Services Worldwide

Nearly 400 highly skilled professional services employees from Cloud Software Group, each possessing specialised expertise in TIBCO products, will transition to HCLTech

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As IT Giants Clinch Billion-Dollar Deals, Investor Prudence Suggested Over Immediate Returns

Despite the monumental deal-making, a thought-provoking dichotomy emerges—these multi-billion-dollar deals are stretched over a minimum of five years, thus tempering their immediate quarterly revenue impact

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Indian IT Sector Revenue Growth Could Plummet By 8-10%: Fitch Ratings

Fitch Ratings predicts that the sector's revenue growth could plummet by 8-10 per cent, marking a stark contrast to the robust 16.5 per cent growth achieved in the previous fiscal year (FY23)

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HCLTech And Verizon Business Seal $2.1 Bn Six-Year Partnership

This significant collaboration comes at a time when major IT providers have been defying concerns over technology spending due to macroeconomic uncertainties in the US and Europe by announcing substantial deals

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HCLTech To Acquire German Automotive Engineering Firm ASAP Group

In an announcement made to the stock exchanges, HCLTech stated that it plans to purchase a 100 per cent stake in ASAP Group

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Q1 FY24: TCS Beats Analyst Expectations With Strong Results, HCLTech Falls Slightly Short

TCS registers strong TCV of USD 10.2 billion; HCLTech manages to secure 18 large deals totaling USD 1.6 billion

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HCLTech Reports 8% YoY Rise In Q1 FY24 Net Profit

Consolidated net profit for the quarter stood at Rs 3,534 crore

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Indian IT Companies Brace For Weak Q1 FY24, Focus On Cost Optimisation: Kotak Securities

The quarter, which is traditionally strong for the sector, is expected to fall short of expectations due to weakened discretionary spending across various verticals, particularly in financial services, telecom, and hi-tech industries

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HCLTech, Google Cloud Expand Partnership To Boost Innovation & Adoption Of Generative AI

The company will also establish a Google Cloud Generative AI Center of Excellence (GenAI CoE) that aims to develop joint solutions enabling clients to unlock the value of data and realise the full potential of generative AI

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HCLTech To Leverage SAP Solution For Agile Recruitment, Onboarding

It will deploy SAP’s solution to enhance the experience of its 2,25,000 workforce across the globe and make its recruitment and onboarding processes more agile

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