Amidst controversies, global IT giant Hewlett Packard has decided to drop its plans for a Special Economic Zone in Bangalore
HCLTech expects its recent large acquisitions to contribute about 1.5 per cent to revenue in 2026-27 (FY27), Chief Executive Officer and Managing Director C Vijayakumar said, as the company looks to build newer revenue streams in a subdued macroeconomic environment.
Hewlett-Packard on Tuesday said it is expecting a 30 per cent growth in printer sales in India this year.
"We have build our product on some of the trend that we have sensed are what is occupying thoughts of CTOs (chief technology officers) in the country. Some of these are around mobility, collaboration, cloud, security, green technology," Vinay Awasthi, senior product manager, Hewlett Packard India Sales said.
Global IT major Hewlett Packard on Tuesday launched its mobile e-service bazaar, which is an incubator for wireless technology applications, in three cities in the country -- Bangalore, Mumbai and Delhi.
Filling in the vacuum created by the high-profile exit of Neelam Dhawan, who quit Microsoft India to join Hewlett Packard (India) in June this year, the software giant on Friday announced the appointment of Rajan Anandan former Dell India head (Dell India VP and Country GM) as its new managing director.
Microsoft Corporation India will see a change of guard with Neelam Dhawan taking over as the new managing director.
India's $280-billion IT industry heads into 2026, balancing visa-related headwinds and global trade uncertainty against its biggest-ever push into artificial intelligence and the rapid expansion of global capability centres (GCCs). Heightened scrutiny of the US H-1B visa programme - including a proposed $100,000 fee for new visas and concerns over a potential 25 per cent outsourcing tax - has complicated cross-border delivery for Indian firms, even as companies accelerate efforts to reduce reliance on onsite staffing.
The government has slapped a tax notice of Rs 1,450 crore on the computer-maker Hewlett Packard India for allegedly evading Customs duty, a charge which was refuted by the company.
Close on the heels of Dell announcing a six per cent cut in its desktop and notebook prices, IT major Hewlett Packard India on Thursday slashed notebook prices by up to six per cent across all categories.
Oracle India and Hewlett Packard India would jointly set up a e-governance Centre of Excellence in Gurgaon to support and provide a platform for e-governance applications in the country.
HP has been charged with underpaying customs duties while importing products and spare parts.
Vanitha Narayanan's appointment comes at a time when the IT sector in the country is grappling with the after effects of the slowdown and is weighed by an uncertain economic environment and spending cuts.
Let's work flat out and create a policy framework that fosters the growth of Indian non-family business VC and private equity firms. This will allow our Indian startups' dreams to flourish, explains Ajit Balakrishnan.
With the Centre and state governments building public-private partnerships for bringing e-governance and rural connectivity, Hewlett-Packard India has identified e-governance as a focus area for its offerings in the printing and imaging series.
"We will launch sub-Rs 20,000 PCs in the next three months," HP General Manager (Consumer Sales) V Krishnan told reporters in Kolkata on Thursday.
HP, Wipro and HCL Infosystems have ruled out any revision in computer prices following goverment's decision to exempt pre-loaded software on PCs from 10 per cent excise duty
Salaries in the information technology sector went up by an average of 19 per cent in 2004 with senior level professionals gaining the most, according to Dataquest-IDC survey.
The $1.2 billion in-space manufacturing market is expected to grow and be worth more than $20 billion by 2033.
The US-based Palm, which is present in India, put itself up for sale, mainly on account of lukewarm response for its new offerings.
Hewlett Packard India Pvt Ltd on Thursday introduced a new range of business desktop computers under the Presario brand.\n\n\n\n
Hewlett Packard has lost its personal computer market leadership in India for two reasons: Dell's focus on the retail and SME segments has started paying off and its new distribution strategy is going through initial troubles.
HP employs around 60,000 people in India, including former employees of EDS, which it had acquired for $13.2 billion in May last year. However, a good number of EDS India employees who were transferred to HP India will not be so lucky, industry sources said. "HP CEO Mark Hurd's plan to effect pay cuts between 2.5 per cent and 5 per cent will affect all EDS employees who were moved to HP," an industry source added.
Quanta also manufactures laptops for Hewlett-Packard and is the main assembler for the smartwatch released recently by Apple.
In April this year, HP had announced to lay off about 27,000 employees globally as part of its restructuring process to reduce costs.
Their sights are on the subcontinent as Chinese sales begin to slow.
We see India as a very important market for HP, says Sean Kenny.
Most large American companies earn more than 50 per cent of their revenue from markets outside the US and will be affected by the proposed tax reforms. Business groups in the US had assailed the proposal, arguing it would subject them to far higher taxes than their foreign competitors must pay and ultimately endanger US jobs. Global companies that earn profits in India are subject to a tax rate of 33.9 per cent and the impact of the proposed reforms on them would be marginal.
Hewlett Packard on Tuesday said changes in the top management of the company would not have any impact on its India strategy.
Information technology products major Hewlett-Packard on Thursday denied reports that it has plans to outsource to India.
Wolfson designed the chips used in Apple's video iPod and Microsoft's Xbox360.
The proposal will impact US-based companies like IBM, Hewlett Packard, Microsoft and Oracle that have overseas operations in countries like India.
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