Tag "HCL Technologies"

Infosys, Wipro and 5 other IT firms reportedly to lay off over 50K employees this year

By : CIOL Writers

Indian IT sector would be witnessing mass layoffs in 2017 that could reach over 50,000. Apparently, 7 of the biggest IT firms are planning to hand over pink slips to at least 56,000 employees this year, reports Livemint. In the wake of US

‘Professionals who will be relevant tomorrow all need to be digitally savvy’-Prithvi Shergill, CHRO, HCL Tech

Anil Chopra “Ideapreneurs put employees first, customers second”, is the tagline that’ll catch your attention the moment you connect with Prithvi Shergill, CHRO(Chief of HR), HCL Technologies, on LinkedIn. The chief of HCL Tech’s HR strives to convert talent into

After Microsoft and Google, Pulkit Trivedi to build Facebook’s relationships with clients in India

By : CIOL Writers

Google India’s former Head of Industry (e-commerce), Pulkit Trivedi has been appointed by Facebook as Director for e-commerce, retail, travel and financial services verticals. In his new role, he will lead building and maintaining of strategic relationships with clients in

Former HCL Tech CEO Anant Gupta launches Rs 100cr fund to support startups

By : CIOL Writers

Following on the heels of the appointment of new CEO at HCL Technologies come another piece of news about its ex-CEO Anant Gupta. Gupta who had stepped down from his post to pursue personal ambitions on Friday announced the launch

HCL appoints C Vijay Kumar as new CEO, to acquire Butler America Aerospace

By : CIOL Writers

HCL Technologies has announced the appointment of C Vijay Kumar as the new President and Chief Executive Officer taking over from Anant Kumar who is transitioning to pursue personal interests. The IT services major has also entered into an agreement

HCL and IBM enter into strategic partnership for 15 years

By : CIOL Writers

HCL and IBM have announced a long-term strategic partnership of 15 years to build industry-leading automation and DevOps solutions. The companies said in a blog post, “This partnership will enable us to focus our technical teams on native cloud and

Flipkart beats Amazon & Google to be the most preferred co in India to work for

BANGALORE, INDIA: Do you know where India wants to work? The name might surprise you. It is not any MNC like Google, Facebook or Amazon. The LinkedIn data shows that Flipkart has topped the list top 25 companies in India

HCL’s strategic alliances for smart vehicle offerings

INDIA: HCL Technologies has signed partnerships with two leading automotive solution providers, Movimento and Rightware to expand its offerings for the fast-growing smart vehicle ecosystem. In the automotive sector, HCL’s services are centered around the four key areas driving industry

Why HCL Tech is acquiring Geometric Software for $192 million?

Thomas George HCL Technologies has made an announcement to acquire Geometric Software through a share swap deal in 10:43 ratio; making HCL Tech 10 share for every 43 shares of Geometric Software shares. However, this deal excludes Geometric’s 58% stake

HCL technologies acquired Geometric

By : CIOL Writers

HCL Technologies, the country’s fourth-largest information technology (IT) firm, declared on Friday that it is buying all of the business carried out by Mumbai-based software firm Geometric Ltd, except a joint venture the latter has with Dassault Systèmes SA, in

The Dutch bank with HCL

LONDON: HCL Technologies (HCL) has signed an application development and maintenance contract with Deutsche Bank. Under the terms of agreement, HCL will provide digital solutions, systems integration, product implementation and design, build and test new applications in addition to the

IT majors to Parisian employees: `We are with you’

NEW DELHI, INDIA: IT majors including TCS, Infosys and HCL have issued advisories for their employees following the deadly terrorist attack on the French capital last weekend. However, one sentiment echoed loud and clear: Don’t worry, we are with you!

HCL to offer hybrid services on IBM cloud

BANGALORE, INDIA: IBM and HCL Technologies (HCL) announced a strategic partnership to jointly build hybrid cloud services to help enterprises drive their digital transformation. HCL will use Bluemix and SoftLayer IBM’s cloud platforms to build applications and solutions in unified

HCL’s digital lending platform opened up new revenue channel for IPF

BANGALORE, INDIA: HCL Technologies has supported International Personal Finance (‘IPF’) with the launch of its digital lending business in Poland. HCL helped to create the ‘hapipozyczki’  IT platform, which provides online loans to Polish consumers. This is an important part

Benches back in vogue; courtesy, Digital

MUMBAI, INDIA: Digital is big and the top five have pledged millions of dollars in investments to tap the massive opportunities in this space. Courtesy Digital, benches which had silently been shown the door by the ITeS major in India,

HCL Technologies acquires Volvo’s IT infrastructure

MUMBAI, INDIA: HCL Technologies will take over about 2600 employees from Volvo Group, as part of a deal to take over its IT infrastructure operations. The manufacturing group confirmed the development in a communiqué to the Swedish Stock Exchange. The

HCL Tech acquires Concept to Silicon Systems

NEW DELHI, INDIA: HCL Technologies has acquired Bengaluru-based privately held engineering services firm Concept to Silicon Systems (C2SiS). Financial details of the acquisition  were not disclosed. “C2SiS today is empowering strategic change in a broad range of industries with its

HCL Technologies skips Q1 target

NEW DELHI, INDIA: HCL Technologies, India’s fourth-largest software services provider reported 2.7 percent drop in consolidated net profit at Rs 1,823 crore for Q12015. It must be noted that the company had already warned investors of a tepid September quarter

Why did HCL Technologies witness a record fall at the stock exchange?

MUMBAI, INDIA: HCL Technologies shares plunged 15 per cent to Rs 834.85 on Thursday in its biggest one-day fall since January 7, 2009. Sadly, HCL Tech, India’s fourth largest outsourcer, was the worst performer in the 50-share blue chip Nifty

HCL Technologies appoints Global Head for digital services

NOIDA, INDIA: HCL Technologies has appointed Jaco Van Eeden as Executive Vice President to lead the company’s Beyond Digital Business Unit. The unit delivers digitization services to Fortune500/Global100. The business has a dedicated base of industry-leading skills and several IPs which