Archive for the 'HCL Technologies' Category

HCL Tech gets HC nod for scheme of amalgamation

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IT major HCL Technologies has received the Delhi High Court (HC) nod for the scheme of amalgamation between the company and its wholly-owned subsidiary – HCL Technoparks. The scheme provides for merger of HCL Technoparks with the company.The company has filed all the requisite documents with the Registrar of Companies (RoC) for the said merger. Following completion of all documentation [...]

HCL Technologies named a leader in August 2010 report of The Forrester Wave

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One of the leading global IT services providers, HCL Technologies, was named a leader in the August 2010 report The Forrester Wave: North American Applications Outsourcing, Q3 2010. The company is one among the selected group of twelve vendors that Forrester evaluated based on current offerings, strategy and market presence.HCL, which was not included in Forrester???s prior analysis, had come [...]

HCL Tech moves up on getting membership of TI Elite Design House program

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HCL Technologies is currently trading at Rs 410.45, up by 1.95 points or 0.48% from its previous closing of Rs. 408.50 on the BSE.The scrip opened at Rs 408.00 and has touched a high and low of Rs 413.60 and Rs 403.00 respectively. So far 27095 shares were traded on the counter.The BSE group ‘A’ stock of face value Rs [...]

HCL Technologies becomes member of TI Elite Design House program

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HCL Technologies (HCL), a leading global IT services provider, has become a member of Texas Instruments (TI) Elite Design House program, a premier group of independent, well-established companies that offer system-level design services. HCL will leverage this partnership in building product components and solution accelerators for three major segments – Aerospace, Medical Electronics and Consumer Electronics with a specific focus [...]

HCL Technologies gains on its CapitalStream STP solution chosen by Boston Private Bank

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HCL Technologies is currently trading at Rs. 400.15, up by 3.15 points or 0.79% from its previous closing of Rs. 397.00 on the BSE.The scrip opened at Rs. 399.00 and has touched a high and low of Rs. 401.90 and Rs. 392.15 respectively. So far 47154 shares were traded on the counter.The BSE group ‘A’ stock of face value Rs. [...]

HCL Technologies??? CapitalStream STP solution chosen by Boston Private Bank

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HCL Technologies??? CapitalStream “Straight Through Processing” (STP) solution has been successfully implemented by Boston Private Bank & Trust Company. The solution was selected by the Boston Private Bank for its proven track record of success along and ability to automate and integrate into existing systems and functions throughout the lending process, providing faster and easier access to information. CapitalStream is [...]

HCL Technologies??? division HCL AXON partners with Sybase Inc

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HCL Technologies??? division– HCL AXON — has entered into a strategic and go-to-market partnership with Sybase Inc., an industry leader in enterprise and mobile software. The partnership will support a number of HCL AXON’s key industries where the demand for a comprehensive mobile solution tightly integrated with SAP is driving rapid advances in workforce productivity. With this partnership, both the [...]

HCL Tech surges on reporting decent numbers

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HCL Technologies is currently trading at Rs 386.00, up by 13.20 points or 3.54% from its previous closing of Rs 372.80 on the BSE.The scrip opened at Rs 377.00 and has touched a high of Rs 396.00 while its low remains its opening. So far 152439 shares were traded on the counter.The BSE group ‘A’ stock of face value Rs [...]

HCL Tech posts 23% growth in June quarter net profit

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IT major HCL Technologies has posted a net profit of Rs 237.82 crore for the quarter ended June 30, 2010 as compared to Rs 192.94 crore for the quarter ended June 30, 2009, up 23.26%. Total income for the reporting quarter has gone up by 14.64% to Rs 1,366.22 crore from Rs 1,191.71 crore for the year ago period. For [...]

HCL Tech inks 7-year IT deal with Al Majdouie Group

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IT major HCL Technologies has bagged a 7-year Total IT Outsourcing Services contract from Al Majdouie Group, a leading conglomerate based in Kingdom of Saudi Arabia (KSA). This is the largest Oracle e-business suite implementation project obtained by the company in the Middle East. Financial details of the deal were not available.The scope of this contract includes developing infrastructure, implementing Oracle e-business [...]