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Tag: HCLTech

  • HCLTech to Increase Employee Salaries from October Following Robust Growth

    HCLTech announced that it will begin giving its workers raises in October, following the lead of its bigger competitor Tata Consultancy Services (TCS), which did so last month with the support of robust revenue growth, improved deal visibility, and sizable artificial intelligence (AI) income.

    The percentage increase that HCLTech would provide to its 226,640 employees was not disclosed. However, the business stated that it will adhere to the same procedure that was used the previous year. HCL has made a big decision by combining quarterly variable compensation with fixed pay for all of its workers, which it claims will help the less experienced workers.

    HCL’s Senior and Midday Level Employee will Receive APB

    Chief people officer Ram Sundararajan said that for the great majority, variable compensation was based on performance at the project level. In order to pay it on a monthly basis, we are combining it with fixed pay. Junior employees will benefit from quarterly performance-level compensation, which was primarily connected to them. HCL reiterated that senior and mid-level staff will continue to receive yearly performance bonuses, which tie compensation to performance.

    During the second quarter, which concluded on September 30, the corporation hired 5,196 new engineering graduates and gained 3,489 employees. As a result, during the first half of the fiscal year, HCL hired roughly 7,180 new employees. Sundararajan had stated in April that the company would hire a lot more new hires in FY26 than in FY25. In FY26, HCL’s voluntary attrition decreased 30 basis points to 12.6%.

    HCL Hired Additional 5,196 Freshers

    Additionally, HCLTech onboarded 5,196 new hires in Q2, bringing the total number of new hires to 7,180 as of H1FY26. On a last-twelve-month (LTM) basis, voluntary attrition was 12.6%, a 20-basis-point decline from the quarter before. On October 13, HCLTech released their Q2 financial results.

    For the quarter that concluded on September 30, 2025, net profit stayed constant at INR 4,235 crore. Compared to INR 28,862 crore in Q2FY25, the company’s revenue increased by 11% to INR 31,942 crore in Q2FY26. Revenue increased 5.2% sequentially, but net profit increased 10.17%. The operating margin increased 120 basis points sequentially to 17.5%. HCLTech has maintained its forecast for revenue growth in FY26 at 3-5% YoY in constant currency, with an operating profit or EBIT margin of 17-18% for the entire year.

    Quick Shots

    •HCLTech
    to implement employee pay raises from October 2025.

    •Junior
    employees’ quarterly variable pay combined with fixed salary for monthly
    payouts.

    •HCLTech
    continue to receive annual performance bonuses (APB).

    •5,196
    freshers joined in Q2; total 7,180 hires in H1FY26.

    •HCLTech’s
    Q2FY26 revenue rose 11% YoY to INR 31,942 crore.

    •HCLTech’s FY26 revenue growth
    maintained at 3-5% YoY, operating margin 17-18%.

  • Google Cloud and HCLTech Collaborate to Introduce an AI-Powered Security Detection Service

    Google Cloud Security and HCLTech have announced a new partnership to provide cutting-edge AI-driven security solutions to businesses globally. Using Managed Detection and Response (MDR) capabilities, the alliance aims to improve organisations’ capacity to identify and address cyber attacks. The collaboration was announced on December 2, 2024.

    Universal Managed Detection and Response

    HCLTech’s Universal Managed Detection and Response (UMDR) service, which integrates Google Cloud Security’s technologies with the company’s proprietary Fusion Platform, is the foundation of this partnership. Complete security coverage is provided by this integrated solution for a number of vital infrastructure elements, including endpoints, networks, apps, identity and access management, industrial control systems, hybrid cloud environments, and operational technology.

    With its comprehensive and adaptable solutions and Fusion security operations platform, which is powered by Google Cloud, HCLTech is dedicated to providing clients with exceptional security results. According to Amit Jain, Executive Vice President and Global Head of Cybersecurity at HCLTech, the company’s collaboration with Google Cloud Security enables it to combine its strong security automation skills with its vast cybersecurity knowledge, which has been accumulated over the previous 26 years.

    “Organisations require strong solutions to help protect their operations as cyber threats become more complex and common,” stated Magali Bohn, Director of Partners, Google Cloud Security. Businesses can keep ahead of emerging dangers by combining HCLTech’s vast cybersecurity experience with Google Cloud’s sophisticated Security Operations suite and expertise.

    Offerings of the New Collaboration

    By introducing a modular operating architecture, the new service enables customers to tailor their security coverage to meet their unique requirements while still offering end-to-end protection. Because of this flexibility, organisations may modify their security posture as their needs change, which is especially crucial given how quickly the threat landscape is evolving nowadays.

    AI Becoming a New Cyber Guard for Various Businesses

    Many companies can’t react to cyberattacks fast enough. In numerous instances, they are simply overwhelmed by the vast volume of data points that must be monitored for intrusion. Though it’s not all bad news, these were some of the main conclusions of a recent analysis from the Capgemini Research Institute. According to the report, companies have a high level of confidence in AI’s ability to strengthen cybersecurity.

    850 top IT security professionals from 10 countries and seven corporate sectors were surveyed for the report Reinventing Cybersecurity with Artificial Intelligence: the new frontier in digital security. A resounding vote of confidence in AI was revealed. More than 60% of organisations said AI was necessary to detect major dangers, and more than two-thirds of organisations admitted they would not be able to respond to them without the technology.

    The growth of end-user devices, networks, and various user interfaces is one factor fuelling interest in AI, according to Capgemini. This growth has been fuelled by developments in cloud, IoT, 5G, and conversational interface technologies. The end result is that businesses must urgently increase and enhance their cybersecurity.

    Google Cloud Expands Support for India’s AI Startups
    Google Cloud now provides increased support to early-stage AI startups in India, aiding innovation and growth across the sector.
    StartupTalkyNitin Konde