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HCL Tech Q4 takeaways: Deal momentum strong, attrition rate under control

HCL Tech Q4 takeaways: Deal momentum strong, attrition rate under control
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The company said that it won its largest ever deals worth $3.1 billion in the quarter ended March, which was larger than Infosys’ $2.1 billion deal wins.
HCL Q4 net falls 26% QoQ; firm announces interim and special dividends
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HCL Technologies posted underwhelmed earnings for the quarter ended March as both the topline and bottomline of the company missed analysts’ expectations.
The company’s consolidated net profit fell nearly 26 per cent on a quarter-on-quarter basis, whereas its consolidated revenues grew 1.8 per cent.
“FY21 has been an unprecedented year by all yardsticks. In this pandemic year, HCL was able to support clients not only to run their businesses, but also to digitize and modernize their applications and operations,” said Prateek Aggarwal, chief financial officer at HCL Technologies in a post-ear ....

Prateek Aggarwal , Hcl Technologies , Deal Momentum , Attrition Rate , ஹ்க்ல் தொழில்நுட்பங்கள் ,

Gift of the jab

Gift of the jab
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/ Morning Dispatch
TCS,
Infosys, Wipro and Tech Mahindra, which together employ about a million people, are kicking off huge vaccination drives for them and their families.
Also in this letter:
Tessolve raises $40 million in funding
Karnataka allows only essential deliveries on weekends
Vaccine camps by India s IT firms
Large IT services firms, including Infosys, Wipro, Tech Mahindra are organising Covid vaccination camps on campuses across India for employees and their families. TCS meanwhile has announced plans to vaccinate employees and their families through direct partnerships with vaccine suppliers.
Driving the news: The government has opened up Covid vaccinations for all adults from effective May 1. On Wednesday, ....

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Inspiration Healthcare wins £250K order for SLE 6000 following regulatory approval in China | 21 April 2021

21 April 2021 | 09:42am
StockMarketWire.com - Medical technology company Inspiration Healthcare said its specialist neonatal ventilator manufacturer SLE, acquired in July 2020, had received regulatory approval to sell its ventilators in China.
SLE received an immediate order from its distributor in China worth approximately £250,000 for delivery during May 2021.
SLE has received approval for the SLE6000 in what is potentially one of our largest markets and also to announce that we have hit the ground running with a large order for immediate delivery, the company said.
At 9:42am: [LON:IHC] Inspiration Healthcare Group share price was 0p at 80.5p
Story provided by StockMarketWire.com ....

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HCL Presents HCL Jigsaw - India's Premier Critical Reasoning Platform to Assess Problem Solving Skills Among School Students

HCL, a US $10 billion leading global conglomerate, presents ‘HCL Jigsaw’, India’s premier critical reasoning platform designed to assess key 21st-century skills in young (Grade 6 to 9) students and build a culture of problem solving in the country. ....

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Hindustan Copper Ltd.: Hindustan Copper raises Rs 500 crore via QIP issue

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NEW DELHI: State-owned Hindustan Copper (HCL) on Thursday said it has raised Rs 500 crore through issuance of shares to institutional investors. The qualified institutions placement (QIP) of Rs 500 crore has been fully subscribed, the PSU said in a statement.
The funds from the QIP are proposed to be used to fund the ongoing capex/expansion plan of the company.
The QIP of HCL closed on April 12 with wide participation from diverse investors including mutual funds, insurance companies, banks and foreign institutional investors.
Launched on April 7, this is the first time issuance of a central public sector enterprise to raise funds by issue of shares via QIP. ....

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