#HCLTech Financial Performance
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semanticlp · 3 months ago
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HCLTech Launches AI-Powered Smart Manufacturing Solution on Google Cloud
HCLTech, a leading global technology company, has introduced HCLTech Insight, an AI-powered Industry Focused Repeatable Solution (IFRS) designed to transform smart manufacturing with advanced data analytics and automation. Built on Google Cloud’s Cortex Framework, Manufacturing Data Engine (MDE), Vertex AI, and Agentic Framework, HCLTech Insight acts as an AI-driven agent, enabling enterprises…
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digitalmore · 2 months ago
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darshanhiranandani-blog · 4 months ago
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Darshan Hiranandani : Why India Needs to Develop Its Own AI Models Post-DeepSeek’s Impact
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India now debates the necessity of developing native AI language models after DeepSeek entered the market.
The introduction of DeepSeek from China as an AI company generated massive changes in the tech industry by delivering free AI models with competitive prices. US market leaders including ChatGPT. A substantial number of users discovered the innovative chatbot through its release thus leading DeepSeek's AI Assistant to become the top-ranking app in different countries across iPhone and Android platforms. An AI technology announcement on January 20 received instant praise from expert analysts before the entire tech sector began monitoring it.
President Donald Trump of the United States considered this event to be a warning sign for American businesses while demanding that they optimize their competitive performance. The arrival of DeepSeek in India has started a dialogue about developing native Indian AI language models. The launch of DeepSeek AI functions as an alerting indicator for India according to Rushabh Shah who serves as an angel investor yet also established angel investing platform Bolstart.
Shah posted on X that during the Pune Public Policy Festival diplomatic participants from Israel and Australia pointed out the significance of 'chai' meetings spread across several interactions as essential for forging relationships and finishing business agreements with Indians. The launch of DeepSeek AI directs India to take immediate action because the world progresses quickly.
Trump making executive orders
DeepSeek wiping $2.3 trillion
The government alongside public authorities should execute rapid effective choices. The defense that our nation has 1.4 billion residents is now an outdated justification. During the @PunePPF diplomatic meeting between Israeli and Australian diplomats the agreed point was that Indians have a habit of moving at a slow pace. The process of finalizing deals and committing agreements requires Indians to meet a minimum of multiple times while they have their traditional tea drink method known as chai. Radical procrastination could lead to our demise because we hesitate to make crucial decisions because of anxiety. Time to be Bold," Shah said.
Multiple tech directors predicted that India would require extensive changes to join the global AI leadership competition. Rajeev Chandrasekhar the former minister of state for electronics and IT declared that DeepSeek's emergence reflects how computing power cannot sustain businesses as lasting competitive advantages between nations that lead in computing and those that don't lead. He also expressed optimism about Indian AI startup disruptions planned.
The ability of DeepSeek to develop an LLM within two years makes it logical for India to establish LLM technology. In merely days DeepSeek revolutionized the entire financial outlook for AI investments and its potential usage as a commercial tool. Chairman of the National Quantum Mission Ajai Chowdhary together with HCLTech co-founder declared that DeepSeek demonstrated to the globe how to duplicate exclusive functions of established platforms such as ChatGPT and Gemini and Claude Sonnet while performing operations at lesser costs.
Chowdhary declared that India needs to view national data in its possession as an essential national wealth. Research and development received Rs 1 lakh crore funding from the government during the last Budget but showed inadequate execution according to Chowdhary. Building upon the India AI Mission is essential for the nation to stay competitive in worldwide AI domination schemes.
Darshan Hiranandani from Hiranandani Group as CEO stated that Deepseek confirmed the ability to create superior LLMs with reduced financial commitments than what was originally thought necessary. The discovery has ignited a national conversation about India's AI strategy because it requires more governmental backing alongside real changes to institutional thinking. The launch of DeepSeek has created new opportunities which make it important for India to establish efficient LLMs for all Indian languages.
Most nations possess the H100 GPU equipment with $6 million worth of capital coupled with 2000 units. We have it at Yotta. We have not developed an environment which fosters invention despite having $6 million worth of H100 GPUs along with 2000 of these devices at Yotta. It’s a mindset issue.”
Srikanth Velamakanni who serves as the group CEO and co-founder of Fractal emphasized how direct governmental involvement would prove crucial. H100s exist already as current state-of-the-art chips according to him. Current circumstances demand immediate action because the spending will yield substantial returns.
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employehub · 6 months ago
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HCLTech Announces Salary Hikes: Insights on Employees Receiving and Missing Increments.
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Introduction: A Move Towards Employee Motivation
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HCLTech, one of India’s leading IT services companies, recently announced salary hikes for its employees. This move comes as part of the company��s efforts to retain top talent and reward employees for their contributions. However, while some employees are celebrating their well-deserved increments, others are grappling with the reality of missing out on this year’s hikes. Therefore, it is crucial to analyze the underlying factors contributing to this scenario and its implications for the workforce.
Who is Receiving the Salary Hikes?
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HCLTech has awarded salary hikes to a significant portion of its workforce, primarily those who have demonstrated exceptional performance over the past year. For example, employees working on high-impact projects or those in critical roles have been prioritized for increments. So, this decision aligns with the company’s meritocratic approach, ensuring rewards are tied to measurable outcomes.
Why Some Employees Missed Out on Increment
Not all employees received salary hikes, and this disparity has raised questions among the workforce. One key reason is performance metrics. Employees who did not meet their key performance indicators (KPIs) or project deadlines missed out. Because HCLTech is committed to maintaining high standards, it links increments directly to employee contributions.
How the Decision Impacts Employee Morale
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Salary hikes often serve as a morale booster, motivating employees to excel further. Like previous years, the recent increments have boosted the spirits of those who received them. However, for employees who missed out, the decision might lead to disappointment and, in some cases, reduced motivation. Therefore, HCLTech must address these concerns to maintain a harmonious work environment.
Steps to Support Employees Missing Increments
To mitigate potential dissatisfaction, HCLTech has introduced performance improvement programs. These initiatives aim to help employees enhance their skills and meet organizational expectations. So, while missing out on increments can be disheartening, employees are encouraged to view this as an opportunity for growth.
The Role of Industry Trends in Salary Decisions
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HCLTech’s salary hike announcement reflects broader industry trends. Like many companies in the IT sector, it faces the dual challenge of retaining top talent and managing costs. Because the industry is highly competitive, salary increments are strategically allocated to ensure the company stays ahead while remaining financially stable.
Employee Feedback: Mixed Reactions
The announcement has sparked mixed reactions among employees. For example, those receiving increments have expressed gratitude, acknowledging the company’s recognition of their efforts. But those missing out have voiced concerns about transparency in the evaluation process. Therefore, clear communication is essential to ensure employees understand the rationale behind the decisions.
HCLTech’s Commitment to Talent Development
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Despite some employees missing increments, HCLTech remains committed to fostering a culture of growth and development. For instance, the company continues to invest in training programs, leadership development, and upskilling initiatives. So, even those who missed increments this year have opportunities to improve and secure hikes in the future.
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HCLTech’s salary hike announcement highlights the importance of balancing employee recognition with organizational goals. Like any major decision, this move has its benefits and challenges. Because the company values its workforce, it is taking steps to address concerns and ensure long-term employee satisfaction. Therefore, both employees and the organization stand to gain from this strategic approach in the evolving IT landscape.
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pathfinderstrainings · 11 months ago
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HCLTech's Impressive Growth in Q1 FY2024-25 Surpasses Expectations
Introduction HCL Technologies (HCLTech) has kicked off FY2024-25 with stellar performance, showcasing its strength and strategic prowess in the competitive global IT landscape. Investors and technology enthusiasts alike are keeping a close eye on the company’s impressive financial results and operational milestones. This blog post dives deep into HCLTech’s Q1 FY2024-25 achievements, providing…
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onlywaynews · 2 years ago
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TOP EMPLOYERS INSTITUTE - объявил лучших работодателей Великобритании на 2023 год. Среди участников 2023 года 17 организаций были впервые сертифицированы, в том числе Baxter Healthcare UK, Haier Europe UK & Ireland, Anglo American и Ingredion UK. Другие впервые сертифицированные лучшие работодатели в этом году включают Verisure, Sulzer, BD, Vistry Group, QIAGEN, Coca-Cola Europacific Partners, Apollo Tyres UK, BMW Financial Services, ofi, Viatris UK, RHP Group, DHL Cross-Border Solutions UK и Airbus UK. Ряд предприятий, уже сертифицированных как лучшие работодатели в предыдущие годы, работали с неизменным превосходством, среди которых такие компании, как Bentley Motors, HCLTech, Molson Coors Beverage Company, QVC, Santander, Travis Perkins, Virtusa, Weightmans LLP и Whitbread, среди прочих, ежегодно достигали сертификации Top Employer в течение более десяти лет. Чтобы получить сертификат Top Employer Certification, участвующие организации оцениваются Институтом лучших работодателей посредством тщательного анализа их кадровой практики. Revealed - the UK’s Top Employers in 2023 Top Employers Institute has announced the UK’s Top Employers for 2023, certified for their outstanding HR policies and people practices Among 2023’s participants, 17 organisations have been certified for the first time, including Baxter Healthcare UK, Haier Europe UK & Ireland, Anglo American and Ingredion UK. Other first-time certified Top Employers this year include Verisure, Sulzer, BD, Vistry Group, QIAGEN, Coca-Cola Europacific Partners, Apollo Tyres UK, BMW Financial Services, ofi, Viatris UK, RHP Group, DHL Cross-Border Solutions UK and Airbus UK. A number of businesses already certified as Top Employers in previous years have performed with enduring excellence, with the likes of Bentley Motors, HCLTech, Molson Coors Beverage Company, QVC, Santander, Travis Perkins, Virtusa, Weightmans LLP and Whitbread, among others, having achieved Top Employer Certification annually for more than a decade. The best employers in the UK. ONLYWAY.NEWS
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darshanhiranandani-blog · 5 months ago
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DeepSeek’s Disruption Highlights the Need for India to Build Its Own AI Models
India now debates the necessity of developing native AI language models after DeepSeek entered the market.
The introduction of DeepSeek from China as an AI company generated massive changes in the tech industry by delivering free AI models with competitive prices. US market leaders including ChatGPT. A substantial number of users discovered the innovative chatbot through its release thus leading DeepSeek's AI Assistant to become the top-ranking app in different countries across iPhone and Android platforms. An AI technology announcement on January 20 received instant praise from expert analysts before the entire tech sector began monitoring it.
President Donald Trump of the United States considered this event to be a warning sign for American businesses while demanding that they optimize their competitive performance. The arrival of DeepSeek in India has started a dialogue about developing native Indian AI language models. The launch of DeepSeek AI functions as an alerting indicator for India according to Rushabh Shah who serves as an angel investor yet also established angel investing platform Bolstart.
Shah posted on X that during the Pune Public Policy Festival diplomatic participants from Israel and Australia pointed out the significance of 'chai' meetings spread across several interactions as essential for forging relationships and finishing business agreements with Indians. The launch of DeepSeek AI directs India to take immediate action because the world progresses quickly.
Trump making executive orders
DeepSeek wiping $2.3 trillion
The government alongside public authorities should execute rapid effective choices. The defense that our nation has 1.4 billion residents is now an outdated justification. During the @PunePPF diplomatic meeting between Israeli and Australian diplomats the agreed point was that Indians have a habit of moving at a slow pace. The process of finalizing deals and committing agreements requires Indians to meet a minimum of multiple times while they have their traditional tea drink method known as chai. Radical procrastination could lead to our demise because we hesitate to make crucial decisions because of anxiety. Time to be Bold," Shah said.
Multiple tech directors predicted that India would require extensive changes to join the global AI leadership competition. Rajeev Chandrasekhar the former minister of state for electronics and IT declared that DeepSeek's emergence reflects how computing power cannot sustain businesses as lasting competitive advantages between nations that lead in computing and those that don't lead. He also expressed optimism about Indian AI startup disruptions planned.
The ability of DeepSeek to develop an LLM within two years makes it logical for India to establish LLM technology. In merely days DeepSeek revolutionized the entire financial outlook for AI investments and its potential usage as a commercial tool. Chairman of the National Quantum Mission Ajai Chowdhary together with HCLTech co-founder declared that DeepSeek demonstrated to the globe how to duplicate exclusive functions of established platforms such as ChatGPT and Gemini and Claude Sonnet while performing operations at lesser costs.
Chowdhary declared that India needs to view national data in its possession as an essential national wealth. Research and development received Rs 1 lakh crore funding from the government during the last Budget but showed inadequate execution according to Chowdhary. Building upon the India AI Mission is essential for the nation to stay competitive in worldwide AI domination schemes.
Darshan Hiranandani from Hiranandani Group as CEO stated that Deepseek confirmed the ability to create superior LLMs with reduced financial commitments than what was originally thought necessary. The discovery has ignited a national conversation about India's AI strategy because it requires more governmental backing alongside real changes to institutional thinking. The launch of DeepSeek has created new opportunities which make it important for India to establish efficient LLMs for all Indian languages.
Most nations possess the H100 GPU equipment with $6 million worth of capital coupled with 2000 units. We have it at Yotta. We have not developed an environment which fosters invention despite having $6 million worth of H100 GPUs along with 2000 of these devices at Yotta. It’s a mindset issue.”
Srikanth Velamakanni who serves as the group CEO and co-founder of Fractal emphasized how direct governmental involvement would prove crucial. H100s exist already as current state-of-the-art chips according to him. Current circumstances demand immediate action because the spending will yield substantial returns.
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hrexecutivebyashishbhalla · 5 years ago
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Tweeted
hcltech: Our CFO, Prateek Aggarwal, highlights our strong financial performance in FY'20. Learn more: https://t.co/6v5kihHaeS #HCLQ4FY20 pic.twitter.com/UVhKY2pEwy
— Ashish Bhalla (@Ashish__Bhalla) May 8, 2020
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hrexecutivebyashishbhalla · 5 years ago
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hcltech: Our CFO, Prateek Aggarwal, highlights our strong financial performance in FY'20. Learn more: https://t.co/6v5kihHaeS #HCLQ4FY20 https://t.co/UVhKY2pEwy
hcltech: Our CFO, Prateek Aggarwal, highlights our strong financial performance in FY'20. Learn more: https://t.co/6v5kihHaeS #HCLQ4FY20 pic.twitter.com/UVhKY2pEwy
— Ashish Bhalla (@Ashish__Bhalla) May 8, 2020
from Twitter https://twitter.com/Ashish__Bhalla May 07, 2020 at 09:01PM via IFTTT
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hrexecutivebyashishbhalla · 5 years ago
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hcltech: Our CFO on our financial performance in #HCLQ3. https://t.co/BNp5ib3g3k
hcltech: Our CFO on our financial performance in #HCLQ3. pic.twitter.com/BNp5ib3g3k
— Ashish Bhalla (@Ashish__Bhalla) January 20, 2020
from Twitter https://twitter.com/Ashish__Bhalla January 19, 2020 at 10:23PM via IFTTT
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hrexecutivebyashishbhalla · 5 years ago
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Tweeted
hcltech: Our CFO on our financial performance in #HCLQ3. pic.twitter.com/BNp5ib3g3k
— Ashish Bhalla (@Ashish__Bhalla) January 20, 2020
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hrexecutivebyashishbhalla · 5 years ago
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hcltech: Our CEO on our financial performance in #HCLQ3. https://t.co/UY700NxrL2
hcltech: Our CEO on our financial performance in #HCLQ3. pic.twitter.com/UY700NxrL2
— Ashish Bhalla (@Ashish__Bhalla) January 19, 2020
from Twitter https://twitter.com/Ashish__Bhalla January 18, 2020 at 10:23PM via IFTTT
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hrexecutivebyashishbhalla · 5 years ago
Text
Tweeted
hcltech: Our CEO on our financial performance in #HCLQ3. pic.twitter.com/UY700NxrL2
— Ashish Bhalla (@Ashish__Bhalla) January 19, 2020
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hrexecutivebyashishbhalla · 6 years ago
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hcltech: Our CFO, Prateek Aggarwal, highlights our robust financial performance and the vision for the future at #HCLAccelerate. https://t.co/l3bZA038nM
hcltech: Our CFO, Prateek Aggarwal, highlights our robust financial performance and the vision for the future at #HCLAccelerate. pic.twitter.com/l3bZA038nM
— Ashish Bhalla (@Ashish__Bhalla) November 6, 2019
from Twitter https://twitter.com/Ashish__Bhalla November 05, 2019 at 08:02PM via IFTTT
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hrexecutivebyashishbhalla · 6 years ago
Text
Tweeted
hcltech: Our CFO, Prateek Aggarwal, highlights our robust financial performance and the vision for the future at #HCLAccelerate. pic.twitter.com/l3bZA038nM
— Ashish Bhalla (@Ashish__Bhalla) November 6, 2019
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hrexecutivebyashishbhalla · 6 years ago
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Tweeted
hcltech: Our CFO on our financial performance in #HCLQ2 pic.twitter.com/jq801TESsT
— Ashish Bhalla (@Ashish__Bhalla) October 25, 2019
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