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HCLTech and Arm collaborate on custom silicon chips for AI workloads

HCLTech partners with Arm to develop custom AI silicon chips for data centers, enhancing computing efficiency.

Stock Market Live Updates 06 May 2024: Stock to buy today: NHPC (₹99.20): BUY

Share Market Highlights 06 May 2024: Sensex, Nifty close flat amidst volatility, IT stocks rise

HCL Tech remains an IT outlier. But CEO remains cautious of macro pressures

HCL Technologies topped revenue, headcount growth of IT services top four in FY24.Despite optimism, a guidance of 3-5% revenue growth in FY25 has raised some concern.C. Vijayakumar, MD and CEO of HCL Technologies, says profitability will be maintained in FY25

it earnings: IT earnings may show worst is over for showpiece sector; all eyes on TCS today

Banks spending more on technology to meet regulatory mandates, companies upgrading SAP systems and a broader increase in technology spending after US elections due in November are some of the factors that have raised demand recovery prospects for Indias $245 billion-plus IT services sector next year.