Tag: accenture
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India’s Nifty IT index at three-year low as bellwether Accenture flags weak outlook
BENGALURU, June 19 : India’s Nifty IT index fell to a three-year low on Friday after bellwether Accenture forecast quarterly sales below Wall Street view, cut its annual revenue outlook and reported softer bookings in its managed services business.Shares of Indian IT companies, including TCS, Infosys, and
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Indian IT stocks tumble as bellwether Accenture flags weak outlook
BENGALURU, June 19 : India’s Nifty IT index slumped 5.6 per cent on Friday after industry bellwether Accenture forecast quarterly sales below Wall Street view and lowered the upper end of its annual revenue outlook due to weakness in its Middle East business.Shares of Indian IT companies, including Tata Co
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Accenture forecast takes hit from Iran war, shares tumble over 17%
June 18 : Accenture forecast quarterly sales below Wall Street estimates on Thursday as the Iran war hampers its consulting business in the Middle East and beyond, sending its shares down more than 17 per cent and sparking an industry selloff.The IT consulting giant took a $400 million hit to its Middle East
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Accenture forecast takes hit from Iran war, shares tumble 14%
June 18 : Accenture forecast quarterly sales below Wall Street estimates on Thursday as the Iran war hampers its consulting business in the Middle East and beyond, sending its shares down more than 14 per cent and sparking an industry selloff.The IT consulting giant took a $400 million hit to its Middle East
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Accenture strikes $4.18 billion cybersecurity deal, shares fall on weak forecast
June 18 : Accenture unveiled $4.18 billion in cybersecurity acquisitions on Thursday to push deeper into the booming sector, as a weak sales forecast sent its shares down 14 per cent and underscored the pressure AI tools exert on its consulting business.The premarket drop followed the company’s fourth-quarter
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Accenture strikes $4.18 billion cybersecurity deal, shares fall on forecast cut
June 18 : Consultancy firm Accenture said on Thursday it would take a majority stake in industrial cybersecurity firm Dragos and fully acquire asset intelligence company runZero and device security specialist NetRise in a combined deal valued at $4.18 billion.Shares of Accenture fell over 11 per cent in prema
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Italy’s Engineering sells two units to Accenture
June 17 : Italian digital transformation group Engineering said on Wednesday it would sell units Alfahealth and Industries eXcellence to global tech consulting company Accenture.• No value for the transaction was disclosed.• Alfahealth and Industries eXcellence respectively offer digital solutions
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