Hcltech

The wage-weighted model also reduces incentives to flood the system with applications, encouraging more selective filings aligned with higher-value roles, analysts said.

HCLSoftware to acquire agentic AI startup Wobby for $5.2 million

By acquiring the Antwerp, Belgium-based startup, HCLSoftware will expand capabilities around metadata management, data catalog and data governance solutions.

HCLTech to acquire HPE’s Telco Solutions business for $160 million

As part of this agreement, nearly 1,500 engineering and telecom specialists from 39 countries will join HCLTech’s global delivery team to help scale the business.

Persistent Systems, Mphasis outperform Tier-I IT peers in billable revenue per employee

Among Tier-I IT firms, HCLTech had the highest billable revenue per employee at $17,822 in Q2, growing 5.2 per cent YoY, according to estimates by UnearthInsight.

H-1B visa curbs lift subcontracting costs for Indian IT firms; Infosys sees steepest rise

Beyond tightening H-1B visa rules, demand uncertainties are also driving IT firms to focus on short-term contractors rather than hiring full-time employees.

Hurun Philanthropy List 2025: HCLTech’s Shiv Nadar tops the list for the fourth time in 5 years, Reliance Industries has the highest CSR spend

The list features 191 philanthropists (12 new entrants) who cumulatively donated Rs. 10,380 Crores - up by 85% compared to three years ago.

Top 5 Indian IT firms see 79% drop in H1 hiring as TCS faces loss of over 19,700 employees

The top five Indian IT companies have also reported steady fresher hiring numbers for H2.

Tech Mahindra overall add 4,197 employees in Q2, IT headcount plunges by 1,459 QoQ

The company’s last twelve-month (LTM) attrition has inched up to 12.8 percent, from 12.6 percent in the previous quarter.

HCLTech intends to increase local hiring to reduce H-1B reliance: CEO C Vijayakumar

Earlier, HCLTech had said that it had the lowest dependency on H-1B visas within  the industry, with 80 percent of its workforce in the US comprising local talent.

HCLTech to roll out wage hikes from October; move variable pay to fixed salary

Last year, HCLTech had implemented a 7 percent salary hike starting October. Top performers had received raises of up to 12-14 percent. 

HCLTech generates $100 million from advanced AI, contributing nearly 3% to overall revenue

HCLTech is taking a long-term view on AI by proactively transforming its services even if it means “disrupting parts of the company’s existing revenue base”.

HCLTech adds 3,489 employees in Q2FY26, reduces attrition to 12.6%

In Q2, HCLTech also on boarded 5,196 freshers, taking the total fresher addition to 7,180 as of H1FY26.

Decision on Infosys buyback closely watched as board considers first proposal in three years

The IT space has not seen a buyback from the top-tier names in the last two years, and both Wipro and TCS are eligible to come out with their own, thus Infosys' board decision a closely watched by market participants.

Former NITI Aayog CEO Amitabh Kant joins HCLTech board as Independent Director

Amitabh Kant most recently served as India’s G20 Sherpa during the country’s presidency of the grouping.

HCLTech's C Vijayakumar took home Rs 94.6 crore in FY25, is highest-paid Indian IT CEO for a second year

The IT firm's board cited the company's market performance as one of the key reasons for the fatter pay package

How TCS, Infosys, HCLTech, Wipro and Tech Mahindra fared in Q1FY26

Infosys may have led the Tier-1 pack in Q1, but the bar was low, as macroeconomic conditions were challenging and client spending had not picked up significantly.

HCLTech reappoints C Vijayakumar as CEO and MD for third term

Vijayakumar was first appointed as the company’s CEO back in 2016, when he succeeded former CEO Anant Gupta. Prior to that Vijaykumar was serving as the chief operating officer, and has been with the IT firm for over 31 years in various roles.

Only TCS, Infosys among India's top IT firms added headcount in Q1 amid AI, growth overhang

The IT industry is at an inflection point as the companies navigate their hiring strategy amid AI disruption and the ongoing macroeconomic challenges.

HCL Technologies shares fall 4% on weaker-than-expected Q1 show; should you buy, sell, or hold?

HCL Technologies saw a 10 percent fall in consolidated net profit at Rs 3,843 crore for Q1FY26, as against Rs 4,257 crore in the year-ago period.

HCLTech says specialisation to drive fresher hiring, 'elite' cadres to get 4X higher pay

The company is expecting to have about 15-20 percent of the freshers hired this fiscal year to be 'elite cadre', while it is open to hire more but the focus will be on quality over quantity

HCLTech plans restructuring, to reduce overseas headcount in FY26

The restructuring will be across people and non-people assets and will be in India as well.

HCLTech reduces FY26 growth guidance to 3-5% amid margin pressures

The company also tightened its operating margin guidance to 17-18%, down from the earlier range of 18-19%, which reflects near-term challenges.

HCLTech trims headcount by 269 in Q1FY26, attrition steady at 12.8%

Despite the marginal decline in headcount, HCLTech onboarded 1,984 freshers in Q1.

India’s IT majors bet on startups to stay ahead in the Gen AI era

From Infosys to Wipro, TCS, HCLTech, and Tech Mahindra, annual reports show a decisive pivot: a push to move away from purely linear, headcount-led services revenue toward intellectual property and high-margin platforms.

HCLTech bags 10-year digital deal from New Zealand's Dunedin city

Through this agreement, HCLTech will transform the Kiwi city council’s IT services across cybersecurity, hybrid cloud, asset management and network services