Q3 continues to be a slow quarter for IT sector due to curtailed spending

India’s top technology companies will witness a tepid revenue expansion in the third quarter (October – December) of the current financial year (Q3FY24) – along expected lines......

Results preview: IT companies brace for Q2 setback on muted growth

The July-September quarter, the second in the financial year, is always a strong one for Indian IT services. Illustration: Dominic Xavier/Rediff.com However, the second quarter of FY24 is......

Accenture guidance delays hopes of demand pick-up for Indian IT: Analysts

At a time when the market is betting on a ‘higher for longer’ global interest rate view, Accenture’s (ACN) weak revenue forecast is a negative read-through for the Indian IT......

Weak discretionary spend likely to weigh on IT cos' revenue in Q1

Strong macroeconomic headwinds causing turbulence in the $245-billion Indian IT industry are yet to calm down. Illustration: Dominic Xavier/Rediff.com Top Indian IT services companies are likely......