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Mon, 16 Jan 2012 19:54:02 -0800

BSE Sensex rises 1.1 pct; HCL Tech climbs
MUMBAI (Reuters) - The BSE Sensex rose as much as 1.1 percent in early trade on Tuesday as investors eyed above-forecast GDP growth in China and positive domestic inflation trends, ahead of quarterly results from market heavyweight Tata Consultancy Services . HCL Technologies Ltd rose as much as 4 percent after the software services company said its net profit for the quarter to end-December ...
Mon, 16 Jan 2012 20:39:26 -0800

HCL Technologies Oct-Dec net up 43 pct
REUTERS - - Three months ended Dec 31 (Versus the same period a year earlier, in billion rupees unless stated) Net Income 5.73 vs 4.0 Revenue 52.45 vs 38.90 Results are consolidated NOTE: HCL Technologies Ltd provides software services.
Tue, 17 Jan 2012 00:08:37 -0800

HCL Tech Q2 profit rises 43 pct, eyes global contracts
BANGALORE (Reuters) - HCL Technologies, India's No. 4 software services provider, is looking to grab a slice of $47 billion worth of global contracts up for renewal in 2012, as customers seek new approaches to navigate the global economic slowdown. "A lot of churn is happening in the Global 500 customer base," Chief Executive Officer Vineet Nayar said at a conference, after the company's fiscal ...
Mon, 16 Jan 2012 21:09:01 -0800

Sensex up 1.3 pct, banks and autos lead
MUMBAI (Reuters) - The BSE Sensex rose 1.3 percent on Tuesday, led by banks and automakers, as investors cheered positive domestic inflation trends and above-forecast GDP growth in China provided a welcome break from the euro zone's continuing woes. Markets continued a rally from Monday afternoon after inflation hit a two-year low, with shares in State Bank of India , the country's largest ...
Tue, 17 Jan 2012 02:49:49 -0800

BSE Sensex near 6-week closing high, Maruti jumps
MUMBAI (Reuters) - The BSE Sensex rallied 1.7 percent on Tuesday to its highest close in almost six weeks, as banks and automakers led a wave of positive sentiment caused by easing domestic inflation and above-forecast GDP growth in fellow emerging economy China. Investors piled into top carmaker Maruti Suzuki and reversed recent falls in index heavyweight Reliance Industries , powering a rally ...
Tue, 17 Jan 2012 06:49:07 -0800

TCS Q3 profit up 23 pct, sees stable prices
MUMBAI/BANGALORE (Reuters) - Tata Consultancy Services (TCS), India's top software exporter, met estimates with a 23 percent rise in quarterly profit and said it expects companies to continue to spend on outsourcing to boost growth in an uncertain global economy. The company expects pricing for its services to remain stable in this fiscal year to March despite the debt crisis in Europe, its ...
Wed, 11 Jan 2012 10:44:27 -0800

Benchmarks end flat, broader market gains
Benchmark share indices consolidated on Wednesday to end flat after investors remained cautious on concerns of muted third quarter earnings growth. However, the broader market outperformed the benchmarks after renewed focus was seen in select mid-cap and small-cap stocks.
 
Tue, 17 Jan 2012 11:21:13 GMT


Wall Street Journal

HCL Technologies Profit Surges 43%
Wall Street Journal
By DHANYA ANN THOPPIL BANGALORE -- HCL Technologies Ltd. Tuesday posted a forecast-beating 43% jump in quarterly net profit as it signed new contracts at a healthy rate and as a weaker rupee helped, repairing some of the damage that bellwether Infosys ...
Brokerage calls on HCL TechnologiesEconomic Times
HCL Tech Indian GAAP Q2 Stand-Alone Profit SoarsNASDAQ
HCL Tech stock gains despite lower growth rates than InfosysLivemint
Equity Bulls
all 126 news articles »
Thu, 26 Jan 2012 13:09:44 GMT


IBNLive.com

HCL Tech to create 10000 jobs in US and Europe
CXOToday.com
By CXOtoday Staff, Jan 26, 2012 06:36 PM IT company HCL Technologies Ltd. (HCL) said that it will create 10000 jobs in the US and Europe in the next five years. The announcement was made at the World Economic Forum in Davos. In a statement, the company ...
HCL Technologies Backs a Socially Responsible Business Model for GrowthMarketWatch (press release)

all 54 news articles »
Thu, 19 Jan 2012 15:14:56 GMT


HCL Technologies allots 1206340 shares under ESOP Allotment
Equity Bulls
The Employees Stock Option Allotment Committee of HCL Technologies Ltd has on January 19, 2012 allotted 1206340 Equity Shares of Rs. 2/- each, under the 1999, 2000 and 2004 Stock Option Plans of the Company. Consequent to the said allotment the paid-up ...

Tue, 17 Jan 2012 19:29:06 GMT


Bloomberg

Course for IT still up in the air after TCS, HCL Tech results
Livemint
While the smaller HCL Technologies Ltd sounded a more optimistic note, analysts attribute much of this to currency movements and will likely moderate their expectations from the sector. Mixed bag':Tata Consultancy Services CEO N. Chandrasekaran.
Tata Consultancy Profit Rises 23%Wall Street Journal
India's TCS Q3 profit up 23 percent, sees stable pricesReuters
TCS Third-Quarter Net Profit Up 23%, Meets EstimatesCapital.gr (press release)

all 270 news articles »
Mon, 23 Jan 2012 10:10:14 GMT


HCL sales, profits soar
Rochester Democrat and Chronicle
Both sales and profit at Indian information technology and software giant HCL Technologies Ltd. were up sizably for its most recent quarter. For the three months that ended Dec. 31, HCL posted revenue of about $1 billion, up nearly 19 percent from a ...

Tue, 17 Jan 2012 10:45:54 GMT


India Stocks Reach 5-Week High as Foreigners Erase 2011 Outflows
Bloomberg
HCL Technologies Ltd. (HCLT) climbed the most since October after its profit beat estimates. Reliance Industries Ltd. (RIL), owner of the world's largest refining complex, rallied 4.1 percent, ending a three-day decline. The BSE India Sensitive Index ...

and more »
Tue, 17 Jan 2012 03:47:33 GMT


India's HCL shares rise 4 pct in pre-open after result
Reuters India
| MUMBAI Jan 17 (Reuters) - Shares in HCL Technologies Ltd rose 3.95 percent in pre-open trade on Tuesday after the Indian software services company announced its net profit for the quarter to end-December rose 43 percent from a year previously.

 
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