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Shares of HCL Infosystems on Tuesday surged 18 per cent after the company said it will distribute Apple products in Indian market.

HCL Q2 net profit leaps 9.5 per cent on software services sector

Analysts on average expected the company to post a profit of Rs 21.59 billion, Thomson Reuters data showed.

25 Oct 2017 9:29 AM IST

HCL technologies

HCL Technologies inks USD 1.3 bn managed services agreement with Xerox

HCL manages aspects of Xerox's mechanical, electrical and software activities for printer and imaging product lines.

20 March 2019 1:35 PM IST

The complaint alleges that in 2014, a senior Tamil Nadu official demanded a USD 2 million bribe from the construction firm responsible for building Cognizants 2.7 million square foot campus in Chennai. (Photo: Twitter))

IT shares tumble after Cognizant cuts growth outlook; TCS falls 3.70...

A strengthening rupee also weighed on the IT counters.

3 May 2019 5:16 PM IST

Mahindra group chairman Anand Mahindra.

I apologise, says Mahindra over pink slip to techie

Tech Mahindra top brass also apologised after staff's quitting interview audio clip went viral.

8 July 2017 10:35 AM IST

Tata Sons chairman Natarajan Chandrasekaran

Global IT spending will rise to $3.5 trn in 2017: Chandra

Tata Sons chairman says there was no reversal in trend of increased spending on technology.

29 May 2017 11:05 AM IST

Chairman of Manipal Global Education Services and Aarin Capital Mohandas Pai. (Photo: PTI)

IT layoffs, depression reports are exaggerated: Pai

Former CFO of Infosys, T V Mohandas Pai added such 'exaggerated' reports are based on a few events.

18 July 2017 3:29 PM IST

Former director of Goldman Sachs Group Inc Rajat Gupta.

Indian IT industry rightly should be in panic: Rajat Gupta

Experts are warning of prolonged layoffs in the Indian IT sector.

18 May 2017 1:09 PM IST

IT Minister Ravi Shankar Prasad

IT industry to create 25-30 lakh jobs by 2025: Prasad

IT Minister Ravi Shankar Prasad refutes there is any downturn in employment in this sector.

24 May 2017 2:47 PM IST

Millions of people in rural India are deprived of the benefits of modern technology, simply because they cannot afford access to it. (Representational Image)

Indian IT firms for measured hiring till Sep'17: survey

Only 58 per cent of Indian IT employers anticipate hiring over the coming two quarters.

25 April 2017 2:36 PM IST

IT industry has see layoffs lately.

Indian IT expected to hire 1.3-1.5 lakh people in FY18

Fears of layoffs in IT sector have led to employees forming India's first tech union.

22 Jun 2017 1:40 PM IST