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ACCENTURE SHARES RISE
MNCs turning flex spaces as main hubs as GCC story deepensGlobal capability centres are transforming India's office space market, shifting from temporary entry points to strategic, long-term operat...
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 cuts mid-tier, expands AI-smart entry level in new hiring playbookIndia's top IT companies are changing how they hire. They are bringing in more fresh graduates and giving them AI tools. Middle managers ar...
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...
Women gain ground in boardrooms, senior roles: Govt reportWomen continue to break barriers in the corporate world, with a marked increase in their presence in senior roles. The statistics regarding...
10 techies who quit jobs at Accenture, TCS, Infosys to become popular South actors: Tovino Thomas to Kalaiyarasan to Srinidhi ShettySeveral South Indian actors, including Srinidhi Shetty, Tovino Thomas, and Nivin Pauly, left well-paying IT jobs at companies like Accentur...
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 ...
From go-karting to pizza-making: India Inc turns to curated activities for deeper employee bondingIndian companies are embracing new ways for employees to connect. Activities like horse riding and pizza making are replacing traditional l...
'You are just an ID number': Startup founder shares blunt advice as Accenture lays off 11,000 employeesAccenture has laid off over 11,000 employees, largely impacting those unsuited for AI reskilling, as part of its AI-driven restructuring. T...
Accenture raises full-year revenue forecast on AI services demandStrong demand for large-scale projects in cloud migration, artificial intelligence-led digital transformation and data security has helped ...
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 forecasts Q4 revenue below estimatesAccenture forecast current-quarter revenue in the range of $15.75 billion to $16.35 billion. Analysts on average expect revenue of $16.35 b...
Accenture forecasts revenue below estimates on IT spending cut, higher dollarThe company forecast current-quarter revenue between $15.20 billion and $15.75 billion, compared with analysts' average estimate of $16.07 ...
Accenture tempers 2022 profit view due to stronger dollarAccenture, which makes more than half of its revenue from outside the United States, said it now expects a negative foreign-exchange impact...
TCS overtakes Accenture to become world’s largest IT firm by market capIn the process, Tata Consultancy Services (TCS) also became India’s most valuable company, overtaking Reliance Industries' market cap after...
TCS surpasses Accenture in m-cap to become world's most-valuable IT companyShares of TCS were bolstered on Thursday by a better than expected performance in the second quarter ended September and a buyback announce...
Indian tech companies up global market share, IBM hit mostlyAmong the Indian heritage companies, Cognizant grew its share the most in the past five years, from 6.3% to 8.5%.
- Raymond set to improve its supply chain management
Raymond recently gave a presentation to its investors on supply chain management highlighting the importance of supply chain management.