Tag: HCL Technologies

HCL Technologies to acquire Cisco’s SON technology

HCL Technologies, a leading global technology company, announced its intent to acquire Cisco’s Self-Optimizing Network (SON) technology. As part of the deal, some employees who work on Cisco’s SON technology will move from Cisco to HCL. The company said that the acquisition, which comprises of products and services built on Cisco’s SON technology, will help…

HCL Technologies’ statement on the coronavirus situation

HCL Technologies, an Indian multinational information technology service and consulting company, releases a statement to update its employees and others associated with the company on how it is dealing with unprecedented situations caused by the coronavirus pandemic. According to their statement: “HCL Technologies Ltd (HCL) has been monitoring the Covid-19 outbreak since late January and…

HCL invokes contingency plan as Noida employee tests COVID-19 positive

After one of its employees tested positive for the novel coronavirus, IT major HCL Technologies have assured its other employees about their safety. According to a report by MoneyControl, the Noida-based company issued a circular to its employees informing about the happenings inside the company. As per the circular, which was accessed by MoneyControl, the…

How India Inc is protecting employees from COVID-19

The novel coronavirus has engulfed the world in fear of its rapid spread and lack of medication. The virus which was first discovered in Wuhan City, China has so far claimed more than 3,000 lives and put at risk the lives of 90,000 people worldwide. As we speak today, the virus has entered India and…

PayTM Gurugram employee tests positive for coronavirus

Fintech unicorn PayTM recently announced that it has decided to shut all its 6 offices in Delhi-NCR for at least two days after one of its employees from Gurugram tested positive for COVID-19 (Coronavirus). PayTM has five offices in Noida and one in Gurugram, Haryana. In an official statement, the company informed that it asked…

HCL Technologies enters Sri Lanka in a strategic investment

Signing an agreement with the Board of Investment (BOI) of Sri Lanka, HCL Technologies (HCL), a global technology provider, announced the establishment of its global delivery center in Colombo. Marking its presence within the region, HCL aims at boosting employment, providing resources and skilling the local talent to serve its global clients. A key part…

HCL Technologies honors Global Goodwill Champions at the 2020 World Economic Forum

HCL Technologies, a global technology company, has presented its Wave Maker Awards 2020, commemorating global goodwill champions from around the world. The award ceremony, which was held at the HCL Pavilion in Davos, celebrated organizations and individuals passionately committed to such noble causes as diversity & inclusion, education & community upliftment, environment & sustainability, and…

HCL expands operations and workforce in Lithuania

HCL Technologies (HCL) has re-affirmed its commitment to innovation and growth in Lithuania with the opening of two new technology delivery centers in the capital city of Vilnius. The state-of-the-art Asgaard Keys and Technopolis Alfa sites provide technology and digital transformation capabilities and services to HCL clients in the Baltic, Nordic and Benelux regions. According…

HCL to Acquire Select IBM Software Products for $1.8 billion.

IBM and HCL Technologies (HCL) today announced a definitive agreement under which HCL will acquire select IBM software products for $1.8 billion. The transaction is expected to close by mid-2019, subject to completion of applicable regulatory reviews. The software products in scope represent a total addressable market of more than $50 billion and include: Appscan for…

Anant Gupta to take over as CEO for HCL Technologies

  HCL Technologies, has formally announced the appointment of Anant Gupta as the company’s new CEO and President. He would be taking over the CEO’s role from Vineet Nayar, who would continue in the role of Vice Chairman. Earlier, in July 2012, Anant had been appointed as President & COO. A brief profile of Anant…

Rajeev Sawhney exits HCL Technologies

  It is reported that Rajeev Sawhney, of of the key executives at HCL Technologies has quit. Rajeev has been an HCL veteran, having been with the company for over 28 years. Recently he was the President for HCL Technologies – Europe, and head of emerging global verticals of Aerospace & Defense, Public Sector &…

HCL Technologies, appoints Anant Gupta as President & COO

Last week HCL Tech (the fourth largest IT company in India) declared its quarterly (ending June 2012) results, and surprised the market and investors with an impressive performance. The company showed a growth in revenue, operating profit as well as net profit. This performance comes across as an achievement, considering that the performance of other…