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...
24 Jun, 2025, 05.29 AM IST
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...
20 Jun, 2025, 08.56 PM IST
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...
20 Jun, 2025, 08.39 PM IST
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...
20 Jun, 2025, 06.46 PM IST
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...
24 Mar, 2025, 01.53 PM IST
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, ...
12 Apr, 2024, 10.23 AM IST
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 ...
21 Dec, 2023, 11.40 AM IST
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...
29 Sep, 2023, 11.52 AM IST
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...
29 Sep, 2023, 11.25 AM IST
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...
24 Jun, 2023, 12.33 PM IST
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...
26 Jan, 2023, 06.54 AM IST
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...
27 Dec, 2022, 09.07 PM IST
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...
27 Dec, 2022, 08.13 AM IST
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 —...
29 Oct, 2021, 09.19 AM IST
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...
18 Mar, 2021, 07.31 PM IST
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...
20 Apr, 2018, 06.27 AM IST
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...
14 Nov, 2013, 08.20 PM IST