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TCS, Infosys, Wipro, other IT stocks crash up to 8% as Accenture lowers FY26 guidanceIndian IT stocks, including TCS and Infosys, tumbled up to 8% after Accenture lowered its annual revenue growth forecast, signaling continu...
Buy, Sell or Hold: Morgan Stanley raises target price on NYKAA; Elara Capital maintains buy on Devyani InternationalBrokerage views on Indian equities are mixed as Morgan Stanley raises Nykaa's target price on ambitious FY30 growth plans. Conversely, conc...
Accenture logs $18 billion Q3 revenue, revenue misses estimatesAccenture's Q3 FY26 results revealed a slowdown in IT demand, with the company missing revenue estimates and lowering its full-year guidanc...
Accenture net income rises to $2.39 billion during March-May quarterAccenture announced strong financial results for its March-May quarter. The IT services giant posted a net income of USD 2.39 billion, an i...
Nifty earnings growth slashed to 8.5% from 14%; no comfort in valuations still: Amish ShahBofA Securities warns Indian equities face rich valuations and halved earnings growth outlook, projecting market gains to mirror profit exp...
Startups seek digital gold rules; IT firms bet on freshersHappy Friday! The Centre may be open to creating an oversight framework for the digital gold sector. This and more in today’s ETtech Mornin...
TCS shares fall 2% after Q4 results. What Jefferies, Nomura and 3 other brokerages are sayingDespite a 12% year-on-year rise in net profit to Rs 13,718 crore and a 10% revenue increase to Rs 70,698 crore, TCS shares fell 2%. The IT ...
Cautious FY27 outlook for IT sector amid macro headwinds and AI transition: Sumeet JainIndian IT firms face a period of measured growth in FY27. Global economic uncertainty and geopolitical risks are key challenges. While AI p...
Accenture’s Q2FY26 revenues of $18 billion point to stable demand for Indian ITAccenture’s results suggest stable demand but subdued growth for software outsourcing firms. Revenue rose 4% year-on-year, beating estimate...
Accenture beats quarterly revenue estimates on strong AI demandAccenture has surpassed revenue expectations, driven by high demand for AI and cloud services. The IT consulting firm is investing heavily ...
Accenture’s AI momentum strong, but revenue growth signals caution for IT sector: Sudip BandyopadhyayAccenture reports strong AI deal wins. This indicates a major shift in the IT sector where artificial intelligence is now essential. While ...
TCS, Infosys, other IT stocks rise up to 3% on Accenture’s Q2 results. What are analysts saying?Indian IT stocks surged following Accenture's robust results, which beat revenue expectations and saw record bookings. The global IT giant ...
Accenture hiring more entry-level jobs globally: CEO Julie SweetIn the background of fears of AI eliminating entry-level jobs, the CEO argued that college graduates may actually be better positioned for ...
Accenture beats quarterly revenue estimateAccenture has surpassed revenue forecasts for the first quarter. Strong demand for its artificial intelligence IT services fueled this grow...
Accenture Q3 numbers show road’s still bumpy for IT companiesAccenture's latest financials signal a demand slowdown for Indian software outsourcing. Deal bookings have weakened amid uncertainty. New b...
Accenture bookings drop eclipses upbeat revenue, unveils AI-focused revampAccenture reported a second consecutive drop in quarterly bookings, overshadowing strong revenue and a raised annual forecast. Slower US go...
Accenture Q1 Results: Co posts $17.7 billion in revenue, beats estimatesAccenture surpassed first-quarter revenue expectations, driven by increased demand for AI integration services. New bookings reached $18.7 ...
Accenture Q4 profit up 22%, GenAI bookings at $1 billionAccenture follows a September-August financial year. The Accenture forecast is an important indicator of the performance of key Indian IT c...
Accenture's Q4 performance, outlook indicates cost pressures on IT sectorDublin-based Accenture Plc forecast first-quarter revenue below analysts’ expectations, weighed down by IT spending cuts amid high inflatio...
Accenture’s BFSI commentary holds out some hope for Indian ITFears of a looming recession had lead banking and financial services companies, who contribute about a third of Indian IT’s revenue, to hol...