Searched for
ACCENTURE FINANCIAL PERFORMANCE
Defence, power and import substitution are emerging as long-term winners: Prateek AgarwalIndian corporate earnings are meeting expectations, but market sentiment is subdued due to broader economic concerns, not company performan...
Domestic cyclicals remain best bet in India, says Anish Tawakley amid global volatilityDespite global headwinds, India's economy is robust, with picking demand and spare capacity, according to DSP Mutual Fund's Anish Tawakley....
Mutual funds cut technology sector exposure to 8-year low in April. Is AI disruption reshaping sentiment?Mutual funds have significantly reduced their technology sector exposure to an eight-year low, driven by concerns over AI disruption, slowi...
IT stocks to rally on Wednesday? Infosys, Wipro ADRs surge up to 5%. Here's whyIT stocks may rally on Wednesday as Infosys and Wipro ADRs surged overnight, supported by strong gains in US tech stocks and easing fears o...
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 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 ...
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...
Ditch the Accenture Prism. TCS, Infy good bets as FIIs resume shoppingAccenture’s read-through for Indian IT appears rather overdone, as several pain points applicable to the outsourcing leader don’t even conc...
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 ...
Recovery in global IT markets bodes well for Indian tech companies: ReportAfter the release of strong quarterly results by global IT giant Accenture, analysts are optimistic that Indian IT companies may also post ...
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...
IT stocks gain in lacklustre trade; here's whyAt the same time, analysts at JM Financial said that one should be wary of extrapolating Accenture's results to Indian IT players as this m...
Will IT firms deliver strong growth in Q2? Accenture results offer cuesAnalysts largely expect IT stocks to sustain the current high PE multiples going ahead. They like stocks such as Infosys, HCL Tech and Tech...
Accenture forecasts 12-15% growth in fiscal year 2022Accenture closed the record $59.3 billion for the full year, a 20% increase in US dollars over full-year fiscal 2020 new bookings, as clien...
Accenture to lay off 25,000 employees, thousands of Indians set to lose jobsA report in the Australian Financial Review first reported this, citing an internal staff meeting by Accenture CEO Julie Sweet in mid-Augus...
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...
- TCS has the most endurance capacity among IT firms: Hay Group study
Tata Consultancy Services has topped a peer endurance study conducted by management consulting firm Hay Group among 39 IT companies in Indi...
- Unilever outsources HR ops to Accenture
In a major global outsourcing deal, consumer packaged goods giant, Unilever on Wednesday announced that it had awarded a seven-year contrac...