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ACCENTURE BOOKINGS DROP
Infosys, other IT stocks slide up to 2% after Accenture reports Q4 resultsIndian IT stocks experienced a decline following Accenture's Q4 results, which revealed a 7% year-on-year revenue growth. Despite this grow...- Accenture jitters hit IT; Apple’s India push, chartedIT bellwether Accenture’s Q3 results shake up India’s $280 billion software exports sector. This and more in today’s ETtech Top 5.
- 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 guidance spooks D-Street, investors trim IT betsAccenture's lowered revenue growth guidance triggered a sell-off in Indian IT stocks, with the Nifty IT index falling 1.5%. Investors are c...
- Accenture says CEOs are hitting pause on consultants amid global uncertaintyAccenture, a global consulting powerhouse, is facing back-to-back slowdowns in new project bookings due to rising geopolitical tensions and...
- 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 beats third-quarter revenue estimatesAccenture exceeded Wall Street's revenue expectations for the third quarter, achieving $17.7 billion against an estimated $17.30 billion. T...
- India’s IT sector treads the tightrope between tariff wars and recession fearsIndia's software services exporters face uncertainty as global tariff wars, particularly from the US, and economic concerns impact growth p...
- TCS Q4 results on Friday: Recap of how IT bellwether fared in FY24; key things D-Street needs to watch out forTCS Q4 Results Preview: TCS to release earnings for March with slight improvement expected. Analysts monitor core earnings, profitability, ...
- Bear attack! Nifty 50 sees biggest 1-day fall in 9 months; what should investors doFrom the all-time high level of 21,593 points, the Nifty 50 slumped more than 400 points or 1.4% and settled at 21,150. The Sensex plunged ...
- Accenture earnings harbinger of bad news for 3 Indian IT stocks. Sell or hold?Accenture's 4% YoYcc growth in 4QFY23, at the mid-point of its 2-6% guidance, was the sixth straight quarter of revenue deceleration for th...
- What does muted Accenture guidance mean for Indian IT companies? Apurva Prasad explainsThe decline in Accenture's consulting business is a significant factor in their first guidance, and the negative impact is felt in vertical...
- Sensex falls 260 points, ends below 63,000 on losses in financials, ITIndian equity indices closed lower for the second consecutive session due to negative cues from global markets and higher-than-expected int...
- IBM cuts 3,900 jobs, misses annual cash targetChief Financial Officer James Kavanaugh told Reuters that the company was still "committed to hiring for client-facing research and develop...
- IT majors under pressure from global eco troublesRecent management commentaries by IT companies show the impact of global macroeconomic pressures. HCL, in a recent investors’ meeting, said...
- IT majors under pressure from global eco troublesRecent management commentaries by IT companies show the impact of global macroeconomic pressures. HCL, in a recent investors’ meeting, said...
- Facebook is now Meta: A look at other corporate rebranding effortsFacebook Inc. is changing its name to Meta Platforms Inc., joining a long list of companies — including Google, Philip Morris and Nefflix —...
- Accenture raises revenue growth guidance for fiscal 2021Accenture, apart from raising its revenue growth guidance, has announced a one-time bonus for employees after stellar second-quarter result...
- Blockchain is about to revolutionise the shipping industryA P Moeller-Maersk A/S and other container shipping lines have teamed up with technology companies to upgrade the world’s most complex logi...
- Unitech Q2 net profit down 48% at Rs 25.57 croreRealty firm Unitech today reported 48 per cent fall in consolidated net profit at Rs 25.57 crore for the quarter ended September 30, on hig...
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