HCL Technologies Ltd Share Price – NSE  / BSE

IT - Software, Mid Cap

The Western Union Company (NYSE: WU) today announced the launch of its Global Capability Center (GCC) in Hyderabad, India, in collaboration with HCLTech. This state-of-the-art facility is designed to accelerate Western Union's transformation through advanced AI-led innovation, a platform operating model and engineering excellence, reinforcing the strategic partnership between the two companies.

Along with the Pune Tech Center, the GCC will serve as a global hub for technology, engineering and operations, driving next-generation payments infrastructure, enhancing digital consumer experiences and building world-class capabilities. The center will leverage HCLTech's AI powered solutions, including AI Force?.

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Founded in 2019, Finergic focuses on core banking and wealth management transformation and has a strong, well-established global presence. The company had recorded revenue of 12.6 million Singapore dollars in the year ended 31 December 2024.

HCL Technologies stated that by integrating Finergic?s specialized transformation strategy, consulting and wealth-architecture capabilities, the company would accelerate the delivery of next-generation, platform-enabled wealth management solutions anchored by advanced AI-native workflows.

These capabilities will complement the company?s existing global experience supporting clients in Temenos products, including more than 40 global banks.

The 100% stake in Finergic has been acquired for a cash consideration of 19 million Singapore dollars. The transaction is expected to close by 30 April 2026.

Srinivasan Seshadri, chief growth officer and global head - Financial Services, HCLTech, said: With Finergic?s focused domain expertise, HCLTech is strategically positioned to strengthen its digital services capabilities in wealth management.

This transformative transaction enables us to deliver advanced capabilities, foster innovation and unlock substantial synergies?empowering our clients to realize greater business outcomes across the financial services landscape.

HCL Technologies is a global technology company, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products.

The company's consolidated net profit declined 3.75% to Rs 4,076 crore in Q3 FY26, compared with Rs 4,235 crore in Q2 FY26. However, revenue from operations increased 6.04% to Rs 33,872 crore in Q3 FY26 as against Rs 31,942 crore posted in Q2 FY26.

The scrip had gained 0.23% to close at Rs 1706.60 on the BSE on Friday.

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HCL Technologies (HCL Tech) has been selected by Team Global Express, the largest multimodal logistics organization in Australia and New Zealand, to accelerate digital transformation with AI-powered solutions.

HCLTech's partnership with Team Global Express has grown rapidly. The new agreement consolidates the logistics major's multi-vendor IT landscape into a single, strategic partnership with HCLTech as the trusted advisor to drive efficiency, innovation and data-driven decision-making.

HCLTech will be responsible for end-to-end managed IT services for Team Global Express across applications, hybrid cloud infrastructure, networks, cybersecurity, digital workplace and service management. AI Force, HCLTech's GenAI-driven platform for service transformation, will drive automation, enhance compliance and elevate customer experience across Team Global Express' operations.

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HCL Technologies (HCL Tech) and Carahsoft Technology Corp., The Trusted Government IT Solutions Provider?, today announced a partnership to accelerate digital transformation in the public sector.

Under the agreement, Carahsoft will serve as HCLTech's Public Sector distributor, providing the Federal, State, Local and Education agencies in the U.S. with advanced mission-driven technology solutions through Carahsoft's reseller partners and National Association of State Procurement Officials (NASPO) ValuePoint, OMNIA Partners, E&I Cooperative Services Contract and The Quilt contracts.

HCLTech established a dedicated public sector solutions subsidiary that provides AI-driven platforms, cloud native modernization services, cybersecurity offerings and constituent focused services for Government agencies. Carahsoft contributes expertise in public sector contracting and sales and marketing and supports a broad network of reseller partners. Together, the companies will deliver integrated solutions and amplify access to HCLTech's capabilities for clients in the Government and education sectors.

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