# 5236: HCLTech net profit up 20% to Rs 4,624 crore; Flipkart eyes Rs 700 crore in Shadowfax stake sale and ITC Infotech emerges as the frontrunner to acquire majority stake in Happiest Minds | MC Tech3

Page: https://stenobird.com/podcast/moneycontrol-podcast-471941/5236-hcltech-net-profit-up-20-to-rs-4-624-crore-flipkart-eyes-rs-700-crore-in-shadowfax-stake-sale-and-itc-infotech-emerges-as-the-frontrunner-to-acquire-majority-stake-in-happiest-minds-mc-tech3
Text version: https://stenobird.com/podcast/moneycontrol-podcast-471941/5236-hcltech-net-profit-up-20-to-rs-4-624-crore-flipkart-eyes-rs-700-crore-in-shadowfax-stake-sale-and-itc-infotech-emerges-as-the-frontrunner-to-acquire-majority-stake-in-happiest-minds-mc-tech3.md
Podcast: [Moneycontrol Podcast](https://stenobird.com/podcast/moneycontrol-podcast-471941)
Published: 2026-07-13T14:14:16+00:00
Episode link: https://audioboom.com/posts/8926971
Audio file: https://audioboom.com/posts/8926971.mp3?modified=1783952094&sid=4937727&source=rss
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JSON: https://stenobird.com/v1/public/podcasts/moneycontrol-podcast-471941/episodes/5236-hcltech-net-profit-up-20-to-rs-4-624-crore-flipkart-eyes-rs-700-crore-in-shadowfax-stake-sale-and-itc-infotech-emerges-as-the-frontrunner-to-acquire-majority-stake-in-happiest-minds-mc-tech3
Duration seconds: 421

## Resource

In today’s Tech3 from Moneycontrol, we break down HCLTech’s June quarter earnings, its Rs 3,500 crore data centre investment and hiring trends. We also look at Flipkart’s planned Rs 700 crore Shadowfax stake sale, why the average UPI payment is shrinking as merchant transactions surge, MeitY’s push for common username rules across messaging platforms, and why ITC Infotech has emerged as the frontrunner to acquire Happiest Minds.

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