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ACCENTURE REVENUE GROWTH FORECAST
World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran warGlobal economic growth is set to slow to 2.5% this year. The World Bank attributes this to the Iran war, which has driven up energy prices ...
Revenue of auto ancillary firms grew at 11% CAGR during 2016-26: ReportAuto ancillary companies saw revenue grow at 11 percent annually from FY16 to FY26. Exports and increased vehicle content fueled this expan...
Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
India's economic growth rate to weaken at 6.6% in FY27 on slower investments, consumption: BMIIndia's economic growth is expected to moderate to 6.6 percent in the current fiscal year. This slowdown follows a robust 7.7 percent growt...
Tata Consumer sees margin boost, targets 20%+ EBITDA: Chairman ChandrasekaranTata Consumer Products aims for over 20% EBITDA margin in the long run. Newer businesses like Tata Sampann and acquired entities are key gr...
‘Outcome-based’ contracts risk revenue growth for tech firmsThe increasing adoption of AI is driving Indian IT firms and clients towards outcome-based contracts. While this shift aims to improve clie...
India a major growth market for Celonis, says senior execThe Germany-based company said it already serves 260 global capability centres (GCCs) in India, counting companies such as Mercedes-Benz, H...
Analysts lift bets on India Inc after strong March quarterAnalysts have upgraded earnings estimates for a majority of NSE 500 companies following better-than-expected profit growth in the March 202...
Telecom revenue growth may slip to single digits without tariff hikeTelecom revenue growth may slow to single digits this year without tariff increases. Operators are delaying hikes due to inflation. A poten...
Hospital expansion cycle to keep margins rangebound, but 18 per cent revenue growth trend likely to sustain: Kotak SecuritiesIndian hospitals are set for strong revenue growth. Brokerage firm Kotak Securities predicts double-digit gains. EBITDA margins are expecte...
India likely to outpace RBI growth forecasts, says World Bank's Neelkanth MishraIndia's economy is set for robust growth, exceeding Reserve Bank of India forecasts, World Bank Executive Director Neelkanth Mishra said. A...
Ice Make targets Rs 850 cr revenue in FY27, sees new businesses boosting scaleThe company reported record revenue in FY26. Investments impacted profitability, but operating leverage should improve. An order book of Rs...
Jobless growth in IT: Revenue grows, headcount stagnatesIndia's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and im...
Goldman Sachs expects SpaceX's AI revenue to surge 100-fold by 2030, FT reportsGoldman's forecasts show that the bank expects revenue at SpaceX's AI segment to soar 388% from a year earlier to $15.6 billion in 2026, ...
Broadcom's second-quarter revenue misses estimates as competition bitesSecond-quarter revenue came in at $22.19 billion, missing estimates of $22.27 billion, as Broadcom races with Nvidia whose dominant graphic...
STMicro lifts data centre revenue goals on AI demand, shares hit 25-year highThe Franco-Italian chipmaker's shares rose as much as 10% to €65.21 per share, their highest since September 2000. They were up 8.4% as o...
MU stock price today hits new record above $1,000 as Micron crosses $1 trillion market cap: What's driving the rally and what are analysts' price targets?Micron (MU) stock price target: Micron Technology's stock surged past $1,000, driven by robust demand for AI infrastructure and its key rol...