C VIJAYAKUMAR NEWS
![Sensex, Nifty off to tepid start as volatility keeps investors on sidelines](https://img.etimg.com/thumb/msid-109966119,width-100,height-75,resizemode-4/markets/stocks/news/sensex-nifty-off-to-tepid-start-as-volatility-keeps-investors-on-sidelines.jpg)
Sensex, Nifty off to tepid start as volatility keeps investors on sidelines
Indian shares remain flat with high volatility. Foreign selling and election uncertainty persist, impacting market sentiment. L&T, Tech Mahindra, TCS, NTPC, ITC, JSW Steel in red; M&M, Maruti, Tata Motors gain.
![IT gives bears a bull hug!](https://img.etimg.com/thumb/msid-107023664,width-100,height-75,resizemode-4/markets/stocks/news/it-gives-bears-a-bull-hug.jpg)
IT gives bears a bull hug!
Despite muted earnings in the previous quarter and little expectations of major recovery in the next quarter, what is driving the rally in tech stocks? The answer lies in FY25, on which everyone is pinning their hopes, decode Beena Parmar and Romita Majumdar.
![HCLTech expects Q3, Q4 growth to lead industry numbers: CEO C Vijayakumar](https://img.etimg.com/thumb/msid-104407067,width-100,height-75,resizemode-4/tech/information-tech/strong-deal-wins-to-drive-h2-growth-hcltech-ceo-c-vijayakumar.jpg)
HCLTech expects Q3, Q4 growth to lead industry numbers: CEO C Vijayakumar
Vijayakumar told ET that the lack of discretionary spending across clients through the past two quarters and limited resumption visibility on customer expenditures have been the key factors for slashing organic revenue growth guidance.
![HCL Tech shares soar over 4% on winning $2.1 billion deal from Verizon](https://img.etimg.com/thumb/msid-102639140,width-100,height-75,resizemode-4/markets/stocks/news/hcl-tech-shares-soar-over-4-on-winning-2-1-billion-deal-from-verizon.jpg)
HCL Tech shares soar over 4% on winning $2.1 billion deal from Verizon
"HCLTech is pleased to announce the signing of a new mega deal with a Global 100 corporation today. We expect this deal to have a positive revenue impact over the next six years beginning in November 2023 with an estimated new total contract value of US$ 2.1 billion over the term," the company said in an exchange filing.
![Investor sentiment fizzles out in IPO mart. What's in store for rest of the year?](https://img.etimg.com/thumb/msid-98683521,width-100,height-75,resizemode-4/markets/ipos/fpos/investor-sentiment-fizzles-out-in-ipo-mart-whats-in-store-for-rest-of-the-year.jpg)
Investor sentiment fizzles out in IPO mart. What's in store for rest of the year?
Equity markets were plagued by a host of issues this year including rising interest rates, slowing economic growth, Adani crisis and the latest fallout of the banking crisis in the US. Benchmark Nifty is currently 10% down from its peak.
![Tech C-suites’ tryst with ChatGPT](https://img.etimg.com/thumb/msid-97459022,width-100,height-75,resizemode-4/tech/technology/tech-c-suites-tryst-with-chatgpt.jpg)
Tech C-suites’ tryst with ChatGPT
The chatbot with an answer to every question and which nerdy kids have used before their parents, has crawled its way into the professional and personal lives of India Inc’s top executives.
- Go To Page 1
Growth with bumps: a year of margin recovery for IT firms as talent costs normalise
The third quarter numbers provided the technology ecosystem with a sense of how enterprise clients were planning their budgets for the year and the commentary has remained murky on that front, too.
Expect growth to be lower-end of guidance due to macro challenges: HCL Tech’s CEO
C Vijayakumar, chief executive officer and managing director of the firm said during its Investor Day event in New York, that the company may clock its annual revenue growth at lower end of its guided range for the current fiscal due to macro-economic challenges.
HCL Tech to double headcount in nearshore locations in 3-5 yrs: CEO C Vijayakumar
IT services company HCL Tech plans to double its headcount in nearshore locations over the next 3-5 years, CEO C Vijayakumar said and asserted that the Russia-Ukraine war has not impacted demand from Europe. HCL Tech employs about 10,000 people in all its nearshore locations, globally.
Why HCL Tech Management is comfortable with a 12-14% revenue guidance for FY23
“Compared to 12 or 18 months ago, we are in a much better place today because I have not seen HCL Tech delivering 5% sequential growth on the trot for three consecutive quarters and the CQGR over the last three consecutive quarters in our services business has been at 5.2%.”
HCL Technologies CEO sees ‘huge value in getting people back to work’
The high demand for digital transformation solutions will continue as companies have realised that technology adoption has made their businesses more resilient during the pandemic, HCL Technologies CEO C Vijayakumar says in an interview.
With rising client spends, HCL Tech sees good news ahead
Revenues at HCL Technologies expanded 3% sequentially in the September quarter on the back of growing discretionary spend from consumer-focused and engineering clients in the US, its main market.
HCL gen-next Roshni Nadar appointed vice-chairman of HCL Tech
Roshni has an undergraduate degree from Northwestern University, majoring in Communication with a focus on Radio/TV/Film.
50% of employees in US are local; have been working for last 4-5 years to reduce visa dependence: Anil Chanana, CFO, HCL Technologies
Local hiring has been a focus for us for many years now. We have 12,000 people in the US and more than half of them are local, says Anil Chanana.
HIGHLIGHTS-Tennis-Day seven at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day seven at the Australian Open
HIGHLIGHTS-Tennis-Day seven at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day seven at the Australian Open
HIGHLIGHTS-Tennis-Day seven at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day seven at the Australian Open
HIGHLIGHTS-Tennis-Day seven at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day seven at the Australian Open
HIGHLIGHTS-Tennis-Day seven at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day seven at the Australian Open
HIGHLIGHTS-Tennis-Day seven at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day seven at the Australian Open
HIGHLIGHTS-Tennis-Day seven at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day seven at the Australian Open
HIGHLIGHTS-Tennis-Day six at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX)=2:HIGHLIGHTS-Tennis-Day six at the Australian Open
HIGHLIGHTS-Tennis-Day three at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX)=2:HIGHLIGHTS-Tennis-Day three at the Australian Open
HIGHLIGHTS-Tennis-Day three at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX)=2:HIGHLIGHTS-Tennis-Day three at the Australian Open
HIGHLIGHTS-Tennis-Day three at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day three at the Australian Open
HIGHLIGHTS-Tennis-Day three at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day three at the Australian Open
HIGHLIGHTS-Tennis-Day three at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day three at the Australian Open
HIGHLIGHTS-Tennis-Day three at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day three at the Australian Open
HIGHLIGHTS-Tennis-Day two at the Australian Open
TENNIS-OPEN/HIGHLIGHTS (PIX):HIGHLIGHTS-Tennis-Day two at the Australian Open
Load More