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HCL extends partnership with Broadcom; part of the team to transition to HCL
The partnership, which was signed in 2018 will now include Symantec Enterprise Division (SED) consulting services, which was part of Broadcom’s enterprise security solutions. As part of the partnership, the majority of Broadcom's Symantec enterprise consulting team will transition to HCL.
HCL Tech to not cut salaries or jobs; honour existing offers
HCL Technologies said that it would honour the nearly 15,000 job offers already made to freshers.
Sell HCL Technologies, target price Rs 499: Shrikant Chouhan
The analyst suggested a stoploss at Rs 524.
Buy HCL Technologies, target price Rs 590: ICICI Securities
A portfolio geared up to benefit from medium-term pick-up in technologies around digital workplace, cloud, collaboration and cybersecurity should keep the company in a good stead on a relative basis.
Buy HCL Technologies, target price Rs 600: Emkay Global
The brokerage raised margin assumptions to 18.7 per cent/19.5 per cent (vs. 18.1 per cent/18.9 per cent earlier) for FY21/22, leading to a 2.4 per cent/1.8 per cent hike in earnings estimates to Rs 39.1/45.7.
Covid-19 will push a lot more customers to look at outsourcing: HCL CEO
Traditional services also have some very strong propositions, like digital workplace, engineering services. Some of the demand for that is intact and it is only getting accelerated.
Work from home: Tech industry seeks changes in labour, taxation laws
India's IT sector is seeking revisions in the country's taxation and labour laws as over half the workforce in the $191 billion industry cou...
India's top five IT firms added 25% fewer people in FY20
India's top five IT services firms added 25% fewer employees in fiscal year 2019-20.
Will continue with WFH, critical staff present on premises: HCL Tech
While home ministry guidelines had allowed IT-ITeS companies to operate with up to 50 per cent strength from April 20, many states including Karnataka and Uttar Pradesh have continued imposition of full lockdown.
Trending stocks: HCL Technologies shares climb 3%
Shares of HCL Technologies Ltd. traded 3.34 per cent up in trade at 09:59AM on Tuesday .
Buy HCL Technologies, target price Rs 540: Anand Rathi
Considering the revenue growth aided by IBM products acquisition and a depreciating rupee favouring margin expansion, the brokerage has reiterated its buy rating on HCL Technologies.
Buy HCL Technologies, target price Rs 517: Axis Securities
HCL Technologies may see a short-term impact of Covis-19 outbreak but the company can efficiently manage from remote systems to ensure timely delivery of the outsourced business.
HCL says Covid impact not 'significant'; bookings on track
From a vertical perspective, HCL's exposure to verticals which have seen a major disruption due to the CorovaVirus like Oil & Gas, Travel & Hospitality, High-End Retail is in single digits. HCL said that its business model is a healthy mix of recurring product revenues, managed services and discretionary spend led professional services.
Extremely mobilised on GSTN project, working closely with GST Council: Infosys
"It's at full speed, even in this remote working situation. And we're making every attempt to make sure all of those discussions that we were part of, we are executing upon...As of now, we have everything fully mobilised," Parekh said.
HCL's acquires Cisco's SON tech for $49 million; to boost 5G tech deployment
The acquisition, which comprises of products and services built on Cisco’s SON technology, will help HCL cater to customers in the telecommunications industry as SON has become a major component in the move towards 5G networks, including tier-one communications service providers globally.
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