Tuesday, November 5

Tag: IT Firm

HCL to Set up New Global IT Centres & Create Over 5,000 Jobs
BUSINESS

HCL to Set up New Global IT Centres & Create Over 5,000 Jobs

The popular IT company HCL Technologies will reportedly set up a Global IT development centre at Gannavaram in Andhra Pradesh and this will create more than 5,000 jobs. The new centre is spread over 29.86 acres and is anticipated as part of Andhra Pradesh's drive to create a new IT hub. With this, the company will invest over Rs 700 crore to develop two facilities in the state, in phases over the next few years. As a part of the deal, a skill development centre with a 1,000-seat capacity will also be developed. "The creation of this Global Centre is aligned with our strategic vision to expand and create opportunities in the emerging cities. We are confident that HCL Global Centre in Vijayawada will be one of the best IT centres in the industry in the coming years," said Executive ...
IT Firm Hexaware Technologies Profit Up 25.4%
BUSINESS

IT Firm Hexaware Technologies Profit Up 25.4%

Hexaware Technologies, an IT services firm recently reported a profit after tax of Rs 153.6 cr for the second quarter of 2018, up 14.3% sequentially and 25.4% year on year. The revenues reported by the company are of Rs 1136.7 cr, up 8.4% sequentially and 15.4% YoY. In dollar terms, constant currency revenue was at $169.8, up 4.7% QoQ, and PAT at $22.7M; up 9.5% QoQ, 19.5% YoY Hexaware Technologies is an information technology and business process outsourcing service provider company based in Navi Mumbai, India. Founded in 1990, the company provides software services in, -Banking -Financial Services -Capital Markets -Healthcare -Insurance -Manufacturing -Retail -Education -Telecom -Professional services (Tax, Audit, Accounting and Legal) -Travel -T...