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The minimum land required for setting up a factory has been reduced to 10 hectares from 50 hectares in special economic zones for semiconductors and electronic components and to 4 hectares from 20 in multi-product SEZs
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The plant, which will become the first in North India, could be bigger than the facility planned in Bengaluru, which is poised to become Taiwanese firm's second biggest globally
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The industry has called for a substantial increase in the PLI scheme for semiconductors, more funds for R&D and investment in skilling and training programmes as chip wars intensify
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Foxconn earlier invested about Rs 246 crore in the JV through its subsidiary Big Innovation Holdings and further increased the investment amount to Rs 312 crore
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In a conversation with Moneycontrol, HCL co-founder dwells on how to make India a hardware nation, competing with China and other Asian tigers in electronics manufacturing, and why quantum tech should be built locally
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Startups to get funding to create products based on quantum tech; funding disbursals to start from September
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The engineering R&D outsourcing spends are projected to outpace IT services in the next several years
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As part of this agreement, approximately 1,500 employees of CTG with telecom industry experience will transfer to HCLTech in various countries -- including Spain, Italy, India, Japan and China -- to service clients globally.
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The company slashed its constant currency revenue growth guidance for FY25 to be between 3-5%, down from 5-5.5% in FY24.
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HCLTech said that it will enable 25,000 engineers on Google Cloud’s latest GenAI technology to better support clients at every stage of their AI projects.
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CLSA analysts say HCL and Infosys growth guidance would be a negative catalyst for TCS, HCL and Wipro
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Foxconn, the world’s largest assembler of iPhones and other electronics, is expanding in India as geopolitical tensions and economic uncertainty begin to disrupt its primary operations in China.
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HCL Foundation will continue to invest in its flagship programmes like Uday, Samuday, HCL Tech Grant, Harit, Sports for Change, my e-Haat, and HCL Academy," Pundhir said on the foundation’s plans for 2024.
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HCL Tech reports its third quarterly earnings. Tune in for the management commentary only on Moneycontrol.
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HCL Tech to report its Q2 Earnings. Watch the management commentary and outlook live on Moneycontrol.
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TIME Magazine has released a list of the world’s 750 best companies, with eight Indian firms making it to the list.
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Gains in capital goods, realty and power names helped Indian market overcome weak global cues to close higher for the fifth straight session. About 2,140 shares advanced, 1,420 declined and 124 were unchanged
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The collaboration aims to empower enterprises to leverage the power of AWS' advanced GenAI portfolio which includes Amazon CodeWhisperer, Amazon Bedrock, Amazon Titan, AWS Trainium and AWS Inferentia.
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Roshni Nadar completed her MBA from the Kellogg School of Management and was appointed HCL CEO in 2009.
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The steep decline in pay is due to the long-term incentive, which HCLTech pays out at the end of two years. C Vijayakumar will receive the LTI for FY22 and FY23 at the end of FY24.
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Our specially curated package of the most interesting articles to help you stay at the top of your game.
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HCLTech ended the quarter with 2,506 fewer employees than the previous quarter, primarily because it chose not to backfill attrition.
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Our specially curated package of the most interesting articles to help you stay at the top of your game.
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Q1 Earnings Season: IT giant HCL Tech reported its Q1 results today. Watch the management commentary and outlook, live on Moneycontrol.
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The depreciation of the dollar against the Euro and pound is expected to provide cross-currency tailwinds and assist in marginally elevating the dollar reported revenues of the IT service companies.
