There were speculations on former CEO's exit after he sold stake in the company.
Gupta has managed a great show until yet.
Last month, a Wall Street Journal report said Nadar planned to sell his stake worth $10 billion (or about Rs 61,000 crore, based on Wednesday's stock price of Rs 1,458.95) and was scouting for potential buyers.
Anant Gupta, president and chief executive officer, HCL Technologies, says while the company is strong on the non-discretionary front, the discretionary side continues to be challenging.
HCL Technologies' stock has been on a run since the company announced its good first quarter results. An interview with Anant Gupta, president and COO, on the company's future strategies.
After spending 20 years at HCL Technologies and heading various service lines, Anant Gupta on Thursday assumed the role of president and chief executive officer.
The company's net profit stood at Rs 572.7 crore (Rs 5.72 billion) in the October-December quarter of 2011, HCL Technologies said in a statement.
C Vijayakumar, the reticent chief executive of HCL Technologies, India's third-largest IT services firm, was recently appointed managing director, succeeding the founder, Shiv Nadar. Back in October 2016, when CVK, as he is popularly called within and outside of HCL, was named CEO, it had been somewhat of a surprise - his elevation being the result of his predecessor, Anant Gupta, suddenly stepping down to "pursue personal interests". CVK, 53, has since taken the firm from under $7 billion to over $10 billion in revenue.
IT services firm HCL Technologies on Friday reported a 16.7 per cent increase in net profit at Rs 2,014 crore for the quarter ended September 2016.
Naresh Gupta, Anant's father, said a ransom has been paid.
Police on Saturday stepped up the hunt for the three remaining accused in the sensational Noida kidnapping case, a day after three-year-old Anant Gupta returned under mysterious circumstances and one person was arrested.
HCL Technologies' infrastructure management subsidiary, HCL Comnet, on Wednesday inaugurated a new facility
Exactly a week after his daylight abduction in Noida, three-year-old Anant Gupta was on Tuesday back among his friends and got a hero's welcome at school.
Police have launched a massive search in the Chambal belt of Madhya Pradesh for the gang of dacoit Jagjeevan Parihar as they suspect the gang of holding the three-year-old son of a software company official kidnapped from Noida.
The boy was kidnapped by two motorcyclists while the child was being escorted to the bus stop by maid servant Seema.
The family of three-year-old Anant Gupta, the son of the CEO of Adobe Sytems who was kidnapped on Monday, on Tuesday received a ransom call for his release from captivity.
The awards were given by the UN's body on women for their work on principles of women's empowerment and helping champion gender equality.
Interview with Anant Gupta, HCL Tech's president and chief executive officer.
HCL's president & CEO Anant Gupta talked to Business Standard about the demand environment, its in the European market and Roshni Nadar's induction into the company's board of directors.
Consolidated revenues grew 11.4 per cent at Rs 10,341 crore.
IT services firm HCL Technologies on Thursday reported a 14.4 per cent increase in net profit at Rs 1,926 crore (Rs 19.26 billion) for the quarter ended March.
Vineet Nayar, chief executive of HCL Technologies till January this year, has decided to step down from the board of the company.
HCL Technologies on Tuesday reported a 3.6% increase in net profit at Rs 1,683 crore (Rs 16.83 billion) for the quarter ended March 31, 2015.
Revenues rose 7.7 per cent to $1.54 billion during the review period, from $1.43 billion in the corresponding quarter last fiscal.
India's fourth largest software services provider HCL Technologies on Friday reported 32.3 per cent rise in consolidated net profit at Rs 1,873 crore (Rs 18.73 billion) for the first quarter ended September 30 on the back of strong growth in Europe and business services.
Consolidated dollar revenue $1,321 million, up 4% q-o-q.
HCL Tech is confident of sustaining margins in FY15.
The first reason is engineering services, says Anant Gupta
Consolidated revenues grew by 13.4% at Rs 9,283 crore.
IT sector has lots of hope from the Union Budget 2014-15.
India's fourth largest software services exporter HCL Technologies on Thursday reported a 63.8 per cent rise in consolidated net profit at Rs 1,416 crore (Rs 14.16 billion) for the first quarter ended September 30, 2013, on the back of growth in Europe and encouraging macro-economic trends.
India's fourth largest software services firm HCL Technologies on Thursday reported a 53.7 per cent jump in its consolidated net profit to Rs 1,834 crore (Rs 18.34 billion) for the fourth quarter ended June 30, 2014.
There is speculation that CSC is splitting its operations and HCL is likely to bid for it.
'Employee first and customer second' continues to be a very strong philosophy of HCL.
Another negative surprise in HCL's numbers was the decline in the margin by 40 basis points to 21.4 per cent.
Anant Gupta, HCL Technologies' chief has an amazing success formula to get things done.
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