IIM-K, The Young Risk-Taker
Early bets and new programmes have helped IIM-Kozhikode carve a niche among the biggies.
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Accenture ups FY25 revenue guidance by 3-6%; unveils $4 bn share buyback
IT services giant records 3% increase in the fourth quarter revenue in USD at $16.4 bn; revenue for the whole year up 1% at $64.90 billion
IT stocks tumble after Accenture lowers guidance; HCL Tech, Wipro, TCS, Infosys fall up to 6%
The BSE IT index declined nearly 2% today, led by index heavyweights HCL Technologies, Wipro, Infosys, TCS, and Tech Mahindra.
Infy, Tech Mahindra, LTIMindtree fall on Accenture's muted FY24 guidance
U.S.-based Accenture gave a bleak revenue growth guidance of 2-5% year-on-year in constant currency terms for the financial year 2023-24 (FY24).
My Investment Mantra
Women leaders advise on handling own money — Take charge of your finances; start early.
Why IT stocks are under stress despite weak rupee
Shares of TCS, Infosys, Wipro, HCL Technologies, and Tech Mahindra fell up to 2%, in sync with a weak broader market.
Accenture to pump in $3 bn to boost data, AI capabilities
Accenture to double AI talent to 80,000 people; its Indian rivals TCS and Infosys are also investing heavily to create platforms using GenAI technologies
Accenture to lay off 19,000 employees, lowers revenue guidance for FY23
According to the company’s SEC (Securities and Exchange Commission) filing, Accenture had approximately 7,38,000 workforce as of February 28, 2023.
IT stocks take a hit after Accenture signals slowdown in client spending
New bookings for Accenture in the first quarter were $16.22 billion, a 3% decrease in US dollar.
Consumers see health, fitness as 'essential' spend category: Accenture
80% of survey respondents said they intend to maintain or increase their spend on areas related to health and fitness in the next year.
