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4 mins read

Tech stocks tumble after Accenture guidance signals weak demand ahead

India’s tech stocks pack slipped down a slippery slope on Friday morning trade after tech major Acc…

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5 mins read

Accenture’s disappointing Q1 and FY23 forecasts indicate more pain for the IT sector

Dublin-based tech major Accenture gave out disappointing guidance for the next quarter and fiscal y…

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2 mins read

Accenture, Cognizant could see revenue growth but a strong US dollar could spoil the party

Accenture cut earnings per share for 2022 to $10.61-10.70, compared with its previous estimate…

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1 min read

Accenture's Q4 earnings miss estimate with low growth likely to continue for two more quarters

Accenture on Thursday reported a decline in earnings and revenue for its fiscal fourth quarter that…

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3 mins read

Sensex, Nifty50 likely to open a weak note amid mixed global cues: HAL, Reliance Industries, IT stocks in focus on Friday

India’s equity markets are likely to open on a weak note on Friday amid mixed global cues. SGX Nift…

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Sensex buckles under selling pressure in metal, realty and PSU bank stocks

Bajaj Finserv and Bajaj Finance were the top losers on Nifty50 followed by metal stocks like Tata S…

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2 mins read

Accenture announces one-time bonus for all employees as the tech giant sees robust revenue growth

Information Technology (IT) consulting firm Accenture has announced a one-time bonus, which will be…

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3 mins read

TCS, Infosys and Wipro take a lot of heart from Accenture's blockbuster earnings

The market has been raving about the tech super cycle for a while now and guess what, US-listed IT …

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2 mins read

Murthy Mantra Working For Infy, But Should You Go Gung-ho?

Infosys seems to be back on track, slowly making its way to the pole position it has lost for some …

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6 mins read

Record breaking quarter for Indian IT services is a given ⁠— all eyes are now on guidance

It turns out that the market expects the following three months, January to March 2021, to be as…

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3 mins read

Infosys to lead IT sector’s Q2 show with 4% revenue growth, says Jefferies

The report also said the Bangalore-based IT firm was expected to announce a buyback along with t…

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3 mins read

TCS, Infosys, HCL Tech and Wipro are riding on Accenture's high

Accenture saw its stock surge by 10% after its better-than-expected earnings on December 17. The co…

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3 mins read

US-based peer Accenture’s uptick in FY22 outlook gives hopes to IT firms in India; Infosys, Wipro, TCS gain

While the market momentum is weak on Friday, information technology (IT) company stocks are the out…

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6 mins read

VanGuard deal will be the highlight of Infosys' second-quarter earnings as investors look for a hike in guidance

Infosys' biggest deal to date, valued at more than a whopping $1.5 billion, with VanGuard will be t…

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3 mins read

Sensex, Nifty50 snap two-day losing streak driven by auto, FMCG and metal stocks

Driving this bounce back were stocks in the auto, FMCG and metals sectors – the Nifty auto index…

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2 mins read

Slowdown hasn’t affected deal wins yet but seeing softness in long-term deals: TCS

IT major TCS on Monday said that it has not yet seen any caution that’s being exercised by clients …

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4 mins read

Infosys may show faster growth than TCS in the Dec quarter, say analysts

Infosys, TCS and Wipro are among India’s top five technology services giants that will declare thei…

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4 mins read

IT majors cut down hiring by half despite high attrition

Three out of four major Indian IT companies have announced their Q2 FY23 results. While the demand …

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2 mins read

Salesforce is laying off nearly a 1,000 employee after posting record quarterly sales

After posting robust results for the June quarter, leading Cloud software company is laying off nea…

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4 mins read

HCL Tech and Tech Mahindra may post better earnings as Euro bank crisis affects Infosys, Wipro

The third quarter of the financial year is seasonally weak for IT companies, for some more than oth…