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HCLTech Secures $1.14 Billion Deal With European Client, Stock Jumps 4.6%

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HCLTech has signed a major $1.14 billion contract with a European firm, sending its shares up 4.6% at market open. The deal centers on building an AI-driven operating model for the client. Under the agreement, HCLTech will transform and manage the client's global digital workplace infrastructure. The contract also covers the management of the client's enterprise networks worldwide.

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