HCL Infosystems News

According to industry analysts, the waiting period is going to be at least five-seven weeks for those who didn`t book the device in the first slot.

This ends suspense over reports that HCL Infosystems is in talks with the Cupertino-based tech giant to distribute its products in India. 

HCL Infosystems, one of India`s premier IT Services, Distribution and Digital Solutions Company, on Wednesday announced its financial results for the financial year ended March 31, 2017.

IT firm HCL Infosystems today said its net loss has narrowed to Rs 41.45 crore in the April-June 2015 quarter from Rs 72.37 crore in the year-ago period.

HCL Infosystems stock surged nearly 6 percent on Wednesday following its tie up with technology major Dell for a strategic distribution partnership.

Stocks of HCL Infosystems rose by over 3.5 percent as Nokia India, now subsidiary of Microsoft Mobile, signed a fresh 3-year contract with the IT services and product distribution company to sell its mobile devices.

Nokia India, now subsidiary of Microsoft Mobile, has signed a fresh 3-year contract with IT services and product distribution company HCL Infosystems to sell its mobile devices.

The partnership will enable HCL Infosystems to further broaden its solution offerings in the emerging big data segment by developing services around MongoDB, the company said in a release.

HCL Infosystems' Premkumar Seshadri, who will replace Harshavardhan Madhav Chitale as MD from next year, is looking to augment the over Rs 7,000-crore IT hardware maker's go-to-market strategy in distribution business and enhance e-commerce presence.

IT company HCL Infosystems on Monday said its Managing Director and CEO Harshavardhan Madhav Chitale has resigned from the company.