HCL Archives

Every shareholder is happy when a share buyback is announced. Some even pressure companies to repurchase shares because they see no value in remaining shareholders of the company. And sometimes it is the management that wants to be free of…

Infosys Shares Down 1.1% On RBS Effect

by Connect@GreyhoundG.comAugust 26, 2016July 18, 2017Leave a comment

The Royal Bank of Scotland’s decision to shelve its IT deal with Infosys may have hit the Indian company’s stocks on Tuesday but the development could have a ripple effect on many such projects for the IT sector and result…

How the TCS-Epic case could impact the IT services sector

by Connect@GreyhoundG.comApril 18, 2016July 18, 2017Leave a comment

Indian IT services companies with software platforms could be forced to rethink their operational set up after the massive fine imposed by a Wisconsin federal jury against TCS. While TCS has denied the allegations of stealing healthcare software from American…

Restoring & Reinventing

by Connect@GreyhoundG.comSeptember 4, 2015July 18, 2017Leave a comment

On 20 august — which happened to be Infosys founder N.R. Narayana Murthy’s 69th birthday — the company CEO and managing director Vishal Sikka announced a new set of services, ‘Aikido’. Named after Japanese martial art that is about defeating…

Wipro hikes staff wages by 7%

by Connect@GreyhoundG.comJune 4, 2015May 26, 2016Leave a comment

Fixed pay of junior and mid-level employees also raised Wipro has hiked wages of its employees by seven per cent, in line with the industry, to curb attrition and rejuvenate growth. According to Nasscom, the Indian IT industry is expected…

$130-b Software Sector Braces For Currency Correction

by Connect@GreyhoundG.comMarch 12, 2015May 30, 2016Leave a comment

After TCS and Mindtree set the alarm bells ringing with their cautionary outlook, exporters in the $130-billion sector are bracing for currency volatility, as global currencies have depreciated sharply against the dollar in the recent past. The slowdown can also…

#GreyhoundInMedia: HCL Tech (@hcltech) plans to invest in #EmergingTechnologies #Press #Media @Livemint

by Connect@GreyhoundG.comOctober 13, 2014February 21, 2016Leave a comment

India’s fourth-largest software services company HCL Technologies Ltd plans to “invest significantly” in applications of emerging technologies such as those that power driverless cars and enable the Internet of Things (IoT) and wearable devices. Analysts like Sanchit Vir Gogia, chief…

#GreyhoundInMedia: HCL Infosystems ties up with Hamilton Beach #Press #Media #Mint

by Connect@GreyhoundG.comSeptember 1, 2014February 21, 2016Leave a comment

HCL Infosystems will market and provide a distribution network for products under Hamilton Beach brand for five years. HCL Infosystems Ltd, an information technology (IT) hardware firm and a listed subsidiary of HCL Enterprise, is seeking to tap consumer electronics as…

#GreyhoundInMedia: HCL Tech bags $250-m deal from Alcatel-Lucent #Press #Media #HinduBusinessLine

by Connect@GreyhoundG.comAugust 7, 2014February 21, 2016Leave a comment

HCL Tech has won a $250-million deal from French telecom major Alcatel-Lucent. The deal involves HCL taking up complete R&D work of Alcatel-Lucent in technologies such as 2G and 3G. “Alcatel-Lucent is trying to steady its ship and clearly this effort…

#GreyhoundInMedia: Wipro likely to beat Nasscom’s growth estimates this fiscal, say analysts #Press #Media #HinduBusinessLine

by Connect@GreyhoundG.comJuly 23, 2014February 21, 2016Leave a comment

Despite a tepid guidance for the first quarter of this year, fuelled by multi-million dollar deals in the past few months, Wipro is expected to beat Nasscom’s 13-15 per cent growth estimates for the 2015 fiscal. Sanchit Vir Gogia of…

Not out of the woods

by Connect@GreyhoundG.comNovember 15, 2013February 21, 2016Leave a comment

While the second quarter was aided by a depreciating Rupee and signs of outsourcing demand pickup, the rest of the fiscal year may not be strong due to impending passage of the Immigration Bill, increased regulatory oversight regarding visas and…

To charge or not to charge?

by Connect@GreyhoundG.comJune 24, 2013July 18, 2017Leave a comment

The pressure to expand IT infrastructure coupled with the need to minimise costs has heightened the demand for chargeback systems. If done well, a chargeback mechanism allows IT costs to scale up or down based on demand and usage, say…

Tag: HCL

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TCS Wins US Lawsuit Over Alleged Staff Discrimination

How Indian IT Companies Are Transforming Themselves To Achieve Faster Growth

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China Is Luring Indian Tech Firms With Market Access And Free Rent

How Indian IT Companies Are Trying To Survive As Outsourcing Business Declines

Is Indian IT Industry “Digital Washing” Its Revenues?

A tale of four CEOs: IT is not an easy job