Summary NEW YORK: The CEOs of Indian IT giants Wipro and HCL are among this year's recipient of leadership awards given by the UN's body on women for their work on principles of women's empowerment and helping champion gender equality. Ahead of International Women's Day, 250 leaders from business, government, civil society , and academia joined UN Women and the UN Global Compact in highlighting not only the challenge, but also policies, models and lessons to realising gender equality in the workforce. The Women's Empowerment Principles - Equality Means Business is a joint initiative of UN Women and the UN Global Compact.
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Summary HCL Technologies' fourth-quarter results were dragged down by slower growth in its infrastructure business. One would leverage partnerships, but whether it might be a construct like what TCS has done - I am not so sure. It is easy to buy, but the thing is to make it work.
Summary When 46-year-old Anant Gupta took over as CEO of HCL Technologies from Vineet Nayar , he inherited a high-flying company. IMS has grown from a $196-million business in 2007 to a powerful $1 billion revenue engine now, accounting for 30per centof HCL's revenues and growing at the same rate. An increase in sales and marketing spends, from $386 million in 2010 to $662 million in 2012, helped HCL win deals in the tough period.
Summary Sensex tumbles 300 pts; Dr Reddy's Labs, HCL Tech shine. ITC and Bharti Airtel gained marginally. Like this story, share it with millions of investors on M3. Sensex tumbles 300 pts; Dr Reddy's Labs, HCL Tech shine. TCS, HCL Technologies and Dr Reddy's Labs gained more than a percent.
Summary Rahul Mohindar of viratechindia.com told CNBC-TV18, " Ambuja Cements looks very weak and that would be in my sell pick. So at Rs 205 odd one could look at selling this stock, Rs 194 is the immediate target for it, but if that is broken we are looking at Rs 186. So downsides are clearly visible on the stock and with Rs ....
Summary BANGALORE: Among the big Indian IT companies, HCL Technologies has been the undisputed star of the stock markets in recent years. In comparison, TCS was up 139% and Infosys, the worst performer, just 34%. The gap between HCL and the rest was equally significant over the past year.
Summary HCL Tech wins contract from Sydney Trains worth over $32 m. Sydney Trains provides train services in the Sydney central business district and metropolitan area. It underwent a major restructuring and was formally launched on July 1, 2013, replacing CityRail as the provider of metropolitan train services for Sydney (Australia).
Summary New Delhi: HCL Technologies, India's fourth largest software services firm, has bagged a deal worth about 35 million Australian dollars (over Rs 198 crore) from Sydney Trains to support and maintain 107 of its business applications. Sydney Trains operates 176 stations and provides 277 million customer journeys annually. HCL Technologies in Australia and New Zealand (ANZ) is headquartered in Sydney with offices and delivery centres at Melbourne, Canberra, Brisbane, Auckland and Wellington and servicing clients across Sydney, Melbourne, Brisbane, Perth, Auckland, Hamilton and Wellington.
Summary Market Expert, Ambareesh Baliga told CNBC-TV18, "In the largecap IT names I have been recommending Infosys , TCS and HCL Tech . Other than that in the midcaps my picks have been Mindtree for the last year and half which has done extremely well. Especially after the results which we saw for Geometric , which is another pick one can look at buying at the current levels." At 10:04 hrs Geometric was quoting at Rs 150.30, up Rs 8.50, or 5.99 percent. The share touched its 52-week high Rs 163.05 and 52-week low Rs 73 on 23 July, 2014 and 20 August, 2013, respectively.
Summary Sensex, Nifty steady; Tech Mahindra, HCL Tech top gainers. Sensex, Nifty steady; Tech Mahindra, HCL Tech top gainers. Tech Mahindra and HCL Technologies topped the buying list in the Nifty, up 3.66 percent and 3 percent, respectively followed by Hindalco Industries, State Bank of India, PNB, Infosys, HDFC Bank and Axis Bank with 1-2.6 percent.
Summary IT company Hexaware Technologies appointed HCL Tech's R Srikrishna as its CEO. During these period I worked in various concepts like Workflow, InfoPath, Custom web part developement, Search, SharePoint customization like master page and page layouts. Apart from that I have also also work in both SharePoint server object model as well as client object model.... view full profile.
Summary Sudarshan Sukhani of s2analytics.com told CNBC-TV18, " HCL Technologies has now come after a long time because we have been talking about Wipro , Tata Consultancy Services (TCS), Infosys but HCL Tech is coming out of that small correction. IT stocks should remain cheerful, I would be a buyer here." The latest book value of the company is Rs 146.09 per share. At current value, the price-to-book value of the company was 11.23.
Summary Sensex, Nifty steady; HCL Tech up 3%, defense stocks spike. Sensex, Nifty steady; HCL Tech up 3%, defense stocks spike. Defence stocks like Bharat Electronics, BEML and Astra Microwave Products rallied 3-7 percent as the DIPP released a press note on defence FDI via which 49 percent FDI in defence allowed through FIPB route.