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UNBELIEVABLE: Hcl tech - Caught on Camera

Sensex jumps above 540 points, Nifty closes near 24,000 as Dalal Street gains for 3rd day

Indian stock markets closed higher on Tuesday. Sensex and Nifty saw a significant rally over three sessions. This surge was driven by optimism surrounding a potential Iran-US peace deal framework. Broader markets also experienced gains. Key sectors like Realty and IT performed well. Investors are now watching crude oil prices,…

The Economic Times

HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 crore

HCL Tech shares jump 3% after buying stake in Sarvam AI for Rs 1,427 crore

HCL Tech share price gained 3% after i invested $150 million in Sarvam AI, India's largest AI startup, acquiring a 10.46% stake. This strategic partnership aims to bolster HCLTech's enterprise AI capabilities by developing industry-specific language models and leveraging Sarvam AI's multilingual and sovereign AI solutions for global clients.

The Economic Times

Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?

Infosys, HCL Tech, other IT stocks tumble up to 3%. What's spooking investors?

Indian IT stocks, led by Infosys, HCLTech and LTIMindtree, fell up to 3% as hotter-than-expected US inflation fuelled concerns over prolonged higher interest rates. The selloff was compounded by lingering worries about AI-driven disruption and its potential impact on future technology spending and demand from key US clients.

The Economic Times

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Will AI-led tech unwinding pause Rs 60,000 crore FII selloff in Indian IT stocks?

Global markets are experiencing a tech selloff driven by AI fears, impacting Indian IT stocks with FIIs pulling Rs 60,000 crore. However, some analysts believe the sector is poised for recovery, arguing Gen-AI presents an opportunity rather than an existential threat. Valuations have become attractive, leading to upgrades for major…

The Economic Times

Stocks in news: Bharti Airtel, Vodafone Idea, NLC India, Motilal Oswal, HCL Tech

Indian markets saw a sharp decline on Monday amid global worries and geopolitical tensions. Nifty moved closer to a key support level. Several companies were in focus. NLC India announced an Offer for Sale. Motilal Oswal saw promoter share sales. HCL Tech launched an AI zone with Google Cloud. IRCTC…

The Economic Times

Aditya Shah favors domestic growth themes, stays bullish on IT and infrastructure sector

Aditya Shah of Hercules Advisors identifies EPC companies with strong order books as key infrastructure opportunities, favoring players like Ahluwalia Contracts and PSP Projects. He remains constructive on IT despite AI concerns, highlighting TCS and HCL Tech for their dividend yields. Shah also sees value in ITC due to its…

The Economic Times

TCS, Infosys, other IT stocks crash up to 7% after 3-day rally. What top brokerages are saying?

IT stocks, including TCS, Infosys, HCL Tech, Wipro and Tech Mahindra, fell sharply on Wednesday, following a three-day rally. Despite AI-related disruption concerns, brokerages such as CLSA, Nuvama and Choice Institutional Equities remain optimistic, citing resilient earnings, strong order books and expanding enterprise AI opportunities.

The Economic Times

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Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine

Market wrap: Sensex rises 383 points, Nifty closes near 23,500 as IT stocks shine

Indian stock market staged a sharp recovery, with Sensex and Nifty erasing morning losses to snap a four-session losing streak, led by a strong surge in IT stocks including heavyweight TCS, Infosys, HCL Tech and Tech Mahindra.

The Economic Times

Infosys, TCS and other IT stocks slide for third straight session as AI worries mount

Infosys, TCS and other IT stocks slide for third straight session as AI worries mount

Indian IT stocks extended their decline for a fourth straight session as investors trimmed exposure amid weak growth visibility, muted client spending and rising concerns over AI-driven disruption. The Nifty IT index fell sharply, with major names including Infosys and Tata Consultancy Services sliding on cautious guidance and deflationary headwinds.

The Economic Times

Students told to keep pace with changing technologies in Computer Engineering

Students told to keep pace with changing technologies in Computer Engineering

At a webinar on “Exploring the Future of Computer Engineering”, Commissioner of Technical Education Chadalavada Naga Rani urged teachers and students to keep up with emerging tech. Vice-president of HCL Tech Shiva Prasad discussed AI, ML, IoT, Digital Twin, Block Chain and Metaverse. 22 govt polytechnic colleges participated.

From ghost nets to milk packets...Companies join the anti-plastic movement

From ghost nets to milk packets...Companies join the anti-plastic movement

Several enterprises and NGOs are trying to make a conscious intervention in trying to reduce the use of plastic and save the environment

‘HCLTech Grant triggers multiplier effects in education, health, and environment’

‘HCLTech Grant triggers multiplier effects in education, health, and environment’

HCL Foundation (HCLF), the corporate social responsibility (CSR) arm of HCL Tech, held a symposium here on Tuesday to prepare NGOs for this year’s edition of HCLTech Grant.

HCL Foundation signs MoU with Tamil Nadu government for implementing its rural development programme in 95 villages of Thoothukudi district

HCL Foundation signs MoU with Tamil Nadu government for implementing its rural development programme in 95 villages of Thoothukudi district

HCL Foundation, the corporate social responsibility arm of HCL Tech, on Wednesday signed a Memorandum of Understanding (MoU) with the State government for implementing its flagship rural development programme, HCL Samuday, in 95 village panchayats

HCL Tech Q1 net profit up 2.4% at Rs 3,283 crore; revenue rises 17%

HCL Tech Q1 net profit up 2.4% at Rs 3,283 crore; revenue rises 17%

NEW DELHI: IT services company HCL Technologies on Tuesday reported a 2.4 per cent year-on-year rise in its consolidated net profit for the three months ended June 2022 at Rs 3,283 crore.

The Times of India

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