Accenture has reworked its salary hike composition to include more employees in the June cycle, according to a report. The new approach aims to reward more staff while managing payroll. Here's a look at what changes…
2 min read19 Jul 2026The IT giant is doubling down on Grade-A tech hubs to grow its presence and consolidate its distributed teams, highlighting sustained demand from multinationals for offices in leading Indian technology hubs.
2 min read1 Jul 2026High costs and talent shortages leave domestic firms leaning on slower organic growth while global rivals deploy massive capital to rapidly scale security platforms.
5 min read27 Jun 2026Experts suggest that investors with a 3-5 year horizon may consider investing in Nifty IT Index Funds through the SIP approach, while those seeking short-term returns or lower volatility may prefer to stay on the sidelines until there is greater clarity on AI-led growth and technology spending.
6 min read23 Jun 2026All Nifty IT constituents were also in the red. Infosys was the top dragger, down 7.5%, followed by Mphasis, Tech Mahindra, Persistent Systems and TCS, all declining over 6% each. Meanwhile, HCL Tech, Coforge, LTM also shed over 5% each
4 min read19 Jun 2026Infosys ADR price ended 9.71% lower at $10.56 apiece on Thursday after falling more than 10% during the session. Wipro ADR closed 3.63% lower at $2.39 apiece. During the session, Wipro ADR price dropped over 9% to an intraday low of $2.25 apiece on NYSE.
2 min read19 Jun 2026That Accenture has reported its lowest quarterly new order bookings in nearly two years shows AI will eat away IT services revenue at a much faster pace than previously anticipated.
4 min read19 Jun 2026Accenture's shares have dropped 64% since February 2026, impacted by concerns over AI's effects on IT services. A recent 19% plunge followed disappointing revenue forecasts. The company now expects lower revenue growth, despite reporting better-than-expected earnings per share.
2 min read18 Jun 2026Accenture India is threatening employees with disciplinary action for visiting offices without prior seat bookings to manage its shrinking real estate footprint. The policy highlights the tension between the firm's cost-efficiency goals and its ongoing entry-level hiring surge.
5 min read24 Mar 2026Oracle Financial Services Software surged nearly 5%, while Tech Mahindra, HCL Technologies, Persistent Systems, Infosys and Mphasis gained over 2% each. Tata Consultancy Services (TCS), Wipro and Coforge also rose more than 1%.
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