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Takeaways from Accenture Q2 FY21 Results: Jefferies top pick is Infosys from IT sector
Fri, Mar 19, 2021
Accenture's Q2 FY21 revenues grew 5% YoY, ahead of its guidance. Demand environment remains strong with the company's new bookings growing 13% YoY to US $16 bn - their highest ever. Management expects demand to remain strong led by accelerated digital transformation and as a result has raised its revenue growth guidance by 250 bps to 6.5-8.5%.
Jefferies highlights key takeaways from Accenture Q1 FY21 Results
Fri, Dec 18, 2020
Accenture's Q1 FY21 revenues of US $11.8 bn, up 4% YoY (2% YoY in ccy terms) were ahead of its guidance of -3% to flat YoY growth in ccy terms. While health and public services (+11% YoY) remained the best performing vertical, revenues from financial services and communications recovered sharply. The revenue decline in highly impacted verticals like travel, energy, Hi-Tech, Retail and Industrial moderated QoQ, however remained in double-digit.
This global IT and professional services company plans to reduce 5 per cent of its global workforce
Thu, Aug 27, 2020
The workforce reduction might have an impact on India operations too.
Microsoft joins Accenture to nurture B2B startups in India
Tue, Jun 30, 2020
"This initiative will truly help startups evolve from being market-ready to enterprise-ready with the best resources and support from both Microsoft and Accenture," said Lathika Pai, country head, Microsoft for Startups, MENA & SAARC.
Employability skills: DGT inks pact with Cisco, Accenture to train youth for digital economy
Fri, Jun 14, 2019
The companies have entered into an agreement with the Directorate General of Training (DGT) to roll out a comprehensive future ready employability skilling programme for ITI students, an official statement said.
Accenture's former CEO Pierre Nanterme passes away
Thu, Jan 31, 2019
Accenture's former CEO Pierre Nanterme, who took the helm in January 2011, had been with Accenture for 36 years.
Proud moment for India! TCS in world's most valued IT brand in top 5 list, Wipro, HCL, Infosys in top 10: Check full list
Tue, Jan 29, 2019
Indian IT services giant, Tata Consultancy Services (TCS) failed to bag the crown but did turn third most valuable IT services company in the world in 2018-19. The first in the list is Accenture followed by IBM, according to a report by Brand Finance.
Infosys Vs TCS Vs Wipro vs Cognizant vs Accenture: Attrition rates compared
Mon, Oct 15, 2018
As demands for skilled hands in cloud computing, data analytics and digital technologies are increasing, salaries for engineers in IT companies have soared as much as 40 per cent.
From Accenture to Tender Coconut, the story of Tenco Foods
Tue, Apr 17, 2018
Manigandan KM soon realised that every time he had the craving for tender coconut water, it meant stopping his car and buying them from the roadside. He began to understand why aerated beverages were more popular than the much-more nutritious tender coconut water; accessibility and ease of consumption were the two major factors. That’s when he came up with the idea of Tenco. Manigandan also had an agricultural family background, which made him feel more strongly towards ensuring that tender coconut water was easily accessible
Top Indian IT cos like TCS, Infosys, others will lead in digital business, says recruitment firm Head Hunters India
Sun, May 28, 2017
Executive search firm Head Hunters India Founder and MD Kris Lakshmikanth told PTI that he firmly believes top companies including TCS and Infosys to lead India in the digital business further adding that these companies have clearly understood the dramatic change and the challenges of going digital more than two years back.
Amidst ‘robust’ layoff rumours nine IT companies in India make it to LinkedIn’s Top Companies 2017 list
Thu, May 18, 2017
Despite rumours of massive layoffs and a bleak future at IT companies considering automation and protectionist attitudes of the west, Indians are still looking for jobs in these companies.
Will US Prez Donald Trump's new executive order hamper costs, biz of Indian IT firms?
Wed, Apr 19, 2017
The US president Donald Trump ordered a review of the US visa programme for bringing high-skilled foreign workers into the country which is likely to have impact on businesses of Indian IT firms.
IIM Calcutta 2017 batch registers 100% placement in 3 days; Finance sector leads the offers made at 29%
Fri, Mar 03, 2017
IIM Calcutta's Post Graduate Diploma in Management program students of 2017 batch have registered 100% placement within three days with the highest international package amounting to 90,000 euros (Rs 63 lakh) per annum.
Accenture to create 15,000 jobs in US
Fri, Feb 17, 2017
Accenture to create 15,000 jobs in US after US president Donald Trump proposed an executive order to change immigration laws.
Indian start-ups should look at unique solutions to our problems: Shrikant Sinha, Nasscom Foundation
Fri, Feb 17, 2017
In India itself if you look at the social sector there are so many problems, but a solution which may have worked globally may not work in here, said Sinha.
Online fashion company Jabong extends maternity leave to 6 months
Fri, Sep 02, 2016
Online fashion platform Jabong on Friday said it will now offer six months of maternity leave to its employees from the earlier practice of three months leave.
India's FinTech companies get Rs 2,255 crore investments so far in 2016
Thu, Aug 25, 2016
There have been 192 deals in Asia-Pacific so far this year, as compared with 509 in North America and 230 in Europe.