HCL News

C Vijayakumar, CEO of HCLTech since 2016, earned Rs 94.6 crore in FY 2024-25, making him the highest-paid Indian IT CEO in 2025. His compensation includes a base salary of $1.96 million, a performance-linked bonus of $1.73 million, and substantial long-term incentives from exercised Restricted Stock Units valued at $6.96 million. Vijayakumar has driven significant revenue and profit growth, expanding HCLTech’s high-value client base and market capitalization from Rs 1.15 lakh crore in 2016 to Rs 4.32 lakh crore in 2025, outpacing peers. His pay package was further approved for a 71 percent hike to Rs 154 crore for FY26, reflecting his leadership impact and sustained performance

The unit approved is a joint venture of HCL and Foxconn. This plant will manufacture display driver chips for mobile phones, laptops, automobiles, PCs, and myriad of other devices that have display.

HCL Tech Q4 Results: The company’s services business continued to post steady growth, with constant currency revenues rising 0.7 per cent QoQ and 2.7 per cent YoY. 

ICICI Bank, Bharti Airtel, Asian Paints, HCL Tech, Adani Ports, ITC, and NTPC were among the top gainers at Sensex. Wipro, Bajaj Finance, Tata Steel, and JSW Steel were the top losers. 

Shiv Nadar Success Story: HCL Technologies, founded by Delhi’s Richest businessman Shiv Nadar, has risen as the top-ranked Indian company on the global stage. In the 2023 fiscal year, the company generated over $12 billion in revenue, underscoring its consistent growth and success. Nadar stepped down as Chairman in 2020, handing over leadership to his daughter, Roshni Nadar Malhotra, who made history as India’s first female chairperson of a publicly listed IT company. (Image Credit: File Photo)  

Benchmark Sensex dropped 359 points as Nifty closed below 21,400 due to IT sell-off and foreign fund outflows. Global factors and weak corporate results influenced the decline. 

A pivotal moment in Chowdhry's life came when he, alongside five others including Shiv Nadar and Arjun Malhotra, founded HCL Technologies. Departing from a modest Rs 600 per month job, Chowdhry's decision to venture into the world of technology set the stage for groundbreaking accomplishments. 

For now, HCLTech is seeing a gradual increase in the number of people coming to offices, he said. It is pertinent to mention that the flexi work options were put in place by the IT industry at the onset of pandemic.

Shiv Nadar was named the most philanthropic person in India by Hurun in 2022. He contributed Rs. 1161 crore. The daily amount was Rs 3 crore. With a donation of Rs 484 crore, Azim Premji came in second.

Shiv Nadar, the founder of HCL Technologies, has had an inspiring journey from modest beginnings to becoming one of India's most prominent and successful business tycoons.

Sensex and Nifty declined in early trade on Friday. The BSE benchmark index fell 385.38 points to 61,413.65 in early trade. The broader NSE Nifty declined 115.35 points to 18,299.55.

Burgundy Private & Hurun India 500 report 2022 ranked top Indian companies which have the highest female participation in the total workforce in India. However, these findings are part of a larger study to by the organisations to rank 500 most valuable companies in the country. Have a look at top 4 companies in India which have the highest female workforce.  

Freshers got offer letters from different IT companies but now the companies are not onboarding them. Continue reading to know more about this.

The laid-off workers will get severance pay and the last day of work is reported to be September 30. Media reports said that Microsoft was not satisfied with the quality of work being rendered under HCL who had got the contract work. Now, after the expiry of contract, the employees stand to lose their job, reports added.

Vijayakumar received a $2 million base income each year along with an additional $2 million in variable pay. For the fiscal year that concluded on March 31, the CEO also received $0.02 million in perquisites and other benefits.

HCL's shares dipped 2 percent low Revenue stood 17 percent higher than previous year. HCL retained FY23 revenue outlook in 12-14% band.

TCS is following a ’25X25 model’. It is also setting up occasional operating zones. HCL is another company that is also shifting to a hybrid model.

Accenture retained the title of world's most valuable and strongest IT services brand, boasting record brand value of USD 36.2 billion.

IT firms are planning to hire more than 60,000 women tech professionals. India’s female labour force participation rate (FLFPR) dropped to 20.8% in 2019. The FLFPR was about 30.27% in 1990.

The programme trains graduates in hot skills in demand in the IT industry. The programme's fee is Rs 1.5 lakh plus applicable taxes. HCL hires candidates after they complete the course.