As part of this agreement, HCLTech will also absorb around 1,500 employees and 700 contractors with experience of engineering services for telecom industry in countries including Spain, Italy, India, Japan, China, Americas and APAC region, HCLTech said in a regulatory filing on Thursday.
HCLTech announced the acquisition of Hewlett Packard Enterprise's Communications Technology Group (CTG) for USD 225 million. The deal will involve the transfer of around 1,500 employees and 700 contractors across various countries, enhancing HCLTech's telecom engineering capabilities. The transaction is pending regulatory approvals and expected to close in six to nine months.
NTPC, Hindalco, Bosch, Ashok Leyland, Hindustan Copper, Glenmark Pharma, Aegis Logistics, Manappuram Finance, Suzlon Energy, Torrent Pharmaceuticals, and United Spirits will announce their March quarter earnings on May 24.
Equitix-backed Rakiza takes Oman broadband stake partnershipsbulletin.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from partnershipsbulletin.com Daily Mail and Mail on Sunday newspapers.
Heartland Video Systems (HVS) has announced a transformative collaboration with Hewlett Packard Enterprise (HPE). The collaboration will serve the broadcasting