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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.
Heartland Video Systems (HVS) has announced a transformative collaboration with Hewlett Packard Enterprise (HPE). The collaboration will serve the broadcasting
Asian communications technology group Singtel has launched CUBΣ, a unified suite of network solutions and services that it says will modernise the dig...