No near-term recovery in sight for IT sector as Accenture cuts growth guidance: Kotak

· thehindubusinessline.com

Accenture reported revenue of $18.7 billion for the quarter, up 5.6% year-on-year in dollar terms and 3% in local currency, with growth landing at the midpoint of its guidance range

Global IT services major Accenture's latest quarterly performance and lowered full-year guidance indicate that demand conditions remain challenging, with little...


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