2025-04-08Niranjan Ghatule
According to Morgan Stanley’s Q1CY25 CIO survey, Indian IT continues to show resilience as expectations for IT budget growth in 2025 remain stable. Key sectors like Business Services, Financial, and Energy are projected to lead in IT spending, with AI and ML topping the list of CIO priorities.
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2025-04-01Niranjan Ghatule
This article reports on Newgen Software Technologies Limited's recent business development, where its U.S. subsidiary secured a USD 1.67 million Statement of Work (SOW) contract from an international client
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2025-03-20Niranjan Ghatule
This article covers the recent decline in Infosys and Wipro ADRs following Accenture's weak Q2 FY25 earnings. It explains the business model relationship between Accenture and Indian IT companies, highlighting how Accenture’s performance serves as a leading indicator for the sector.
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2025-03-20Niranjan Ghatule
Accenture reported a 5.4% year-over-year (YoY) revenue growth in its Q2FY25 earnings, reaching $16.7 billion. The outsourcing segment continued to perform well, with 7.7% YoY growth, while consulting grew 3.3% YoY. The company also secured $20.9 billion in new bookings, including $1.4 billion from Generative AI projects.
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