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BIZARRE: Hcltech - What They Never Told You

HCL Tech announces $1.14 billion AI partnership with European firm

Sources familiar with the matter told ET that the client is Mercedes-Benz, with HCLTech beating out Infosys, which was the incumbent vendor for the account. This comes as enterprises increasingly consolidate vendors, with tech spending budgets tightening amid tough macroeconomic and geopolitical conditions.

The Economic Times

Nifty IT crashes 6% to 3-year low as Infosys, HCL Tech, other IT stocks crash up to 9%. Time to buy the dip?

The Nifty IT index slumped over 6% to a three-year low after Accenture’s guidance cut triggered a sharp sell-off in Infosys, TCS, HCLTech and other IT stocks. While some experts see valuations turning attractive after the correction, others remain cautious amid AI-led disruption and slowing growth prospects.

The Economic Times

Data centres, AI infra become IT's next growth bet

India's software services industry is finding new growth in data centers and AI. Companies like HCLTech, TCS, Accenture, and Cognizant are investing heavily in AI platforms and infrastructure. This strategic shift aims to position them as end-to-end partners.

The Economic Times

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HCLTech bets big on sovereign AI with strategic investment in Sarvam AI

HCLTech strategically invested $1.5 billion in Indian AI startup Sarvam AI, acquiring a 10.5% stake. This partnership aims to address enterprise AI adoption barriers through hybrid models combining private and frontier AI, while also capitalizing on the growing sovereign AI market in India and globally.

The Economic Times

Sarvam: When US slams the door, India begins to find its own opening

Sarvam AI’s rise to a $1.5 billion valuation after raising $234 million marks a major milestone for India’s push toward AI sovereignty. The funding comes shortly after the U.S. restricted foreign access to some of Anthropic’s most advanced AI models, highlighting the risks of relying on foreign-controlled AI technologies.

The Economic Times

ETtech interview: AI is a capital game; our fundraise is large for India but quite small in the global context: Sarvam cofounders

In an interview with ET, Sarvam cofounder Pratyush Kumar said Sarvam — which counts HCLTech, Bessemer Venture Partners, Peak XV, Khosla Ventures, and Lightspeed among its backers — expects to be in a “constant cycle of building bigger models, raising more capital, and scaling up.” The company is also looking…

The Economic Times

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

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Sarvam raises $234 million led by HCLTech at $1.5 billion valuation

India's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This investment fuels Sarvam's mission to develop sovereign AI solutions and large language models tailored for India's diverse languages and needs.

The Economic Times

Indian IT firms step up Europe expansion as growth outpaces North America

Indian IT firms are increasingly focusing on Europe for growth, with a significant rise in new delivery centres and strategic investments. This shift is driven by client cost pressures and a surge in AI adoption, creating substantial opportunities for localised solutions and modernisation projects across the continent.

The Economic Times

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

Best Legacy Software Modernization Companies by Use Case in 2026

Compare legacy software modernization companies by use case: AI readiness, zero-downtime migration, SaaS re-architecture, regulated systems, cloud modernization, and technical debt reduction.

inkl

HCLTech launches autonomous finance platform powered by Google cloud's gemini enterprise

HCLTech has introduced a new autonomous finance platform. This platform uses Google Cloud's Gemini Enterprise AI. It aims to revolutionise finance and accounting tasks. The solution will automate complex processes like Invoice-to-Pay and Order-to-Cash. It integrates with existing systems. This move signifies a shift towards intelligent, agent-led operations in finance.…

The Economic Times

HCLTech report warns 43% of enterprise AI initiatives may fail as leaders face shrinking timelines for impact

NEW YORK and NOIDA, India, May 20, 2026 /PRNewswire/ -- HCLTech (NSE: HCLTECH) (BSE: HCLTECH), a leading global technology company, today released findings from its latest Enterprise AI Market Report, The AI Impact Imperatives, 2026, highlighting a growing execution gap as enterprises race to scale AI while facing mounting pressure…

AAP

Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?

Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff followed OpenAI’s launch of its Deployment Company, renewing fears of accelerated AI-led disruption. Weak sentiment persisted despite a record-high Wall Street rally and a weaker rupee.

The Economic Times

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The Guardian - AU

Myki-less public transport for all passengers won’t happen until 2027, Victorian auditor reveals

Dispute between government and US-based contractor caused 18-month delay to project, report finds

Barchart

Should You Buy the Dip in This Cybersecurity Stock in September 2025?

After its high-profile IPO and a post-earnings dip, SailPoint still boasts robust 33% revenue growth, expanding strategic partnerships, and a “Moderate Buy” analyst consensus—with Wall Street projecting a 24% upside as demand for identity security soars.

Barchart

AMD Stock Is in the ‘Middle of a Historic Run.’ Is It Too Late to Buy Shares Here?

With a bold upgrade from Melius Research to a $175 price target, AMD stock is in the spotlight.

Benzinga

What's Going On With AMD Shares Today?

Shares of Advanced Micro Devices Inc. (NASDAQ:AMD) are trading higher Wednesday, adding to gains of more than 25% over the past month. Here’s a look at what’s going on.

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inkl

The Leading BPO Companies of 2025: Innovation Meets Efficiency

In a world where digital transformation and operational agility are at the heart of business strategy, Business Process Outsourcing (BPO) has emerged as a key pillar of growth and scalability. In 2025, BPO companies are no longer just service providers—they are strategic partners driving innovation, cost efficiency, and enhanced customer…

The Hindu

HCLTech launches cybersecurity awareness program for school teachers

The Hindu

HCLFoundation dedicates sports complex to government school

HCLFoundation renovated sports complex of Govt. Upper Primary School, Iteda, Gautam Budh Nagar & dedicated it to students of govt. schools & urban slum communities. Complex has football ground, cricket pitches, basketball & volleyball courts, long jump pits. HCLTech also inaugurated 'Sports for Change Nationals' featuring students from diff. parts…

StockNews.com

3 Standout Stocks With Major Growth Potential in 2023

The Fed’s downshift on tightening in response to the continued decline in inflation and growing odds of the economy achieving a soft landing could help growth stocks rebound strongly this year. Amid improving investor sentiment, it could be wise to invest in fundamentally sound stocks Salesforce (CRM), ADT Inc. (ADT),…

StockNews.com

4 Must-Watch Growth Stocks in 2023

With inflation falling for the sixth consecutive month in December, Fed Chair Powell believes that the disinflationary process has begun. With indications that the Fed might stop rate increases before the target range, investors could look to add fundamentally strong growth stocks ADT Inc. (ADT), Rambus (RMBS), The ODP Corporation…

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