Net profit of HCL Technologies rose 20.46% to Rs 4257.00 crore in the quarter ended June 2024 as against Rs 3534.00 crore during the previous quarter ended June 2023. Sales rose 6.70% to Rs 28057.00 crore in the quarter ended June 2024 as against Rs 26296.00 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales28057.0026296.00 7 OPM %20.6520.40 - PBDT6705.005623.00 19 PBT5707.004696.00 22 NP4257.003534.00 20 Powered by Capital Market - Live News

HCL Technologies announced that the Board of Directors of the Company at its meeting held on 12 July 2024, has recommended a Interim dividend of Rs.12 per share (i.e.600%), subject to the approval of the shareholders.Powered by Capital Market - Live News

HCL Technologies (HCL Tech) announced the launch of its global delivery center in Patna. The center will focus on delivery of IT and engineering services for Hi-Tech and Semiconductor companies.This is HCLTech`s first center in the state of Bihar. Going forward, the center will also house specialized labs and centers of excellence to boost HCLTech`s technology innovation engine and will offer a wide range of services to global clients.The new global delivery center is in line with HCLTech`s strategy of accessing quality talent through expansion to new locations in India under its New Vistas program. Located inside the Udyog Bhawan Complex in Patna,the center will offer modern workspaces to employees along with training and growth opportunities across HCLTech`s global network. This will also contribute to the development of the local technology ecosystem and talent pool in the state. Powered by Capital Market - Live News

HCL Technologies and IBM today announced a new collaboration to establish a Generative AI Center of Excellence (GenAI CoE) based on the IBM watsonx� AI and data platform. The CoE, which will be available through HCLTech`s AI and Cloud Native Labs in Noida, London and New Jersey and Santa Clara in the US, will help enterprises modernize legacy applications, develop IT service management (ITSM) use cases, reduce coding complexity, improve skill development on the IBM watsonx� platform and enable continuous innovation.Together with IBM, HCLTech aims to train 10,000 of its engineers and architects in IBM`s innovative AI technologies, specifically watsonx. The adaptive portfolio, CloudSMART for IBM, assists businesses in continuous innovation through advanced technologies, utilizing the latest business and technology insights.The CoE will offer clients access to education and training resources covering diverse AI technologies, including watsonx.ai, watsonx.data, watsonx.governance, watsonx Code Assistants, watsonx Orchestrate and watsonx Assistant to help skill their resources and provide a platform for building use cases.Powered by Capital Market - Live News

HCL Technologies and Olympus Corporation (Olympus), a global MedTech company, have expanded their strategic partnership to enable advanced and affordable healthcare for patients through cutting-edge engineering technologies. HCLTech will leverage its global leadership in Engineering and R&D services along with artificial intelligence (AI) based solutions to provide speed and scale to Olympus` global product development journey. HCLTech will establish a dedicated product innovation center in Hyderabad, India to serve Olympus` operations across US, Europe, Middle East and Africa. The center is expected to commence operations by July 2024 and boost Olympus` business expansion plans and drive advancements in medical technology.HCLTech and Olympus share a decade-long partnership in core Engineering and R&D, spanning product engineering, software engineering, product sustenance, risk and regulatory services. HCLTech serves Olympus from its global delivery centers in India and Vietnam. Powered by Capital Market - Live News