ACCENTURE NEWS
Accenture looks to sell Chinese operations for up to $1.5 billion: FT
IT consulting firm Accenture is looking to sell its Chinese operations for up to $1.5 billion, the Financial Times reported on Sunday, citing people familiar with the matter. Reuters could not immediately verify the report.
UPI MDR rollout pushed; India’s first quantum computer coming soon
Happy Wednesday! The implementation of MDR on select UPI payments has been deferred beyond Diwali. This and more in today’s ETtech Morning Dispatch.
TCS, Infosys and other IT stocks in focus after Accenture Q4 revenue, outlook beat estimates
Indian IT stocks including TCS and Infosys are in focus following Accenture's strong Q4 results and above-estimate revenue guidance. While the outlook signals potential recovery in discretionary technology spending, analysts warn that Indian IT firms may still report their weakest Q2 growth in three years amid AI-led pricing pressures.
School Assembly News Headlines, September 16, 2026: Top national, international, business, sports updates and thought of the day
School Assembly News Headlines Today: Delhi is set to develop hostels catering to 10,000 students, while Google faces scrutiny concerning fraudulent Gmail accounts. The Supreme Court has issued a notice to regulate educational institutes. Dinesh Sharma has officially taken his oath as the lieutenant governor of Andaman and Nicobar Islands. The WTO warns that global trade fragmentation could severely affect poorer economies.
Accenture CEO Julie Sweet has a vacation request for employees: Staff can skip using leave in August & carry it forward as company wants strong Q4 finish
Accenture CEO Julie Sweet is urging employees to boost the company's fourth quarter performance. A temporary vacation policy change allows staff to carry unused leave into the next financial year. This move aims to keep more employees available during the crucial August sales period. The company seeks to strengthen sales and revenue after weaker-than-expected quarterly results. Accenture's performance is also watched amid growing artificial intelligence concerns.
Accenture vacation rule: Can employees carry forward unused vacation days? Check details
Accenture Plc is allowing employees to carry over unused vacation days. This policy change supports a push for more business before August 31. The company experienced a third-quarter earnings miss and a decline in new bookings. Chief Executive Officer Julie Sweet urged staff to generate more revenue and sales. Accenture shares have recovered somewhat but remain down for the year.
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US Stock Market: Accenture’s AI transformation faces investor skepticism as stock plunges; CEO Julie Sweet remains confident
Accenture's shares plunged nearly 20% after its fiscal third-quarter results revealed weaker-than-expected bookings and a softer outlook. CEO Julie Sweet insists the current phase reflects a multi-year AI-driven transformation, not structural weakness, as clients move from AI pilots to large-scale deployment.
Accenture warns senior staff to use AI tools—or risk missing out on leadership roles
Accenture has implemented a policy tying senior employees’ career advancement to AI usage. Weekly log-ins to internal AI tools, including AI Refinery, are currently monitored, and “regular adoption” of AI is required for leadership promotions. Staff in specific European countries and U.S. federal contract divisions are exempt. While the firm trains hundreds of thousands in generative AI, some senior employees criticize the tools as “broken slop generators” and resist mandatory adoption.
Accenture ties up with OpenAI to equip thousands of its employees with ChatGPT
The companies on Monday said they will also launch a new artificial intelligence program to help enterprises in various industries, including financial services, healthcare and retail adopt AI-powered workflows.
Accenture gives a peek into the size of its severance bill
For Accenture, the journey ahead is not just about optimisation -- it is about defining what a future-ready services firm looks like in an AI-powered economy. The company’s multi-billion-dollar restructuring may prove to be a blueprint for how the consulting industry reinvents itself in the era of intelligent automation.
Accenture stock drops despite beating Q4 earnings estimate & strong revenue guidance
Acn stock today latest news: Accenture stock experienced a slight dip despite exceeding expectations in its fourth-quarter 2025 earnings report. The IT giant reported impressive earnings per share and revenue, driven by growth in consulting and managed services. Looking ahead, Accenture anticipates strong fiscal 2026 revenue, surpassing Wall Street estimates.
Accenture beats revenue estimates, plans $865 million restructuring amid AI shift
Businesses are scaling up AI projects, digitizing core operations and prioritizing data security to drive growth and cut costs, trends that benefit Accenture.
IT expected to perform well; 4 large & midcap stocks to bet on: Sunny Agrawal
Sunny Agrawal of SBI Cap Securities predicts a positive outlook for the IT sector. Reduced trade war uncertainty and strong BFSI growth are key drivers. Accenture's results suggest the worst is over. HCL Tech and Tech Mahindra are expected to outperform. Coforge and Firstsource are promising mid-sized players with strong growth potential.
Accenture to promote 50,000 staff after six-month delay
The move comes as the New York-listed company grapples with a pullback in client spending and greater scrutiny of US government contracts under President Donald Trump, who wants to prove taxpayers are getting value for their money. Accenture abandoned its diversity targets after Trump ordered his administration to push firms to end such practices.
Infosys, TCS and HCL Tech shares shed up to 3% after Accenture results dampen sentiment
Shares of IT stocks, including TCS, HCL Tech, and Infosys, fell up to 3% after Accenture’s revised revenue growth forecast for fiscal 2025. Despite benefitting from large-scale IT projects, Accenture’s results have raised concerns for the domestic IT sector, causing declines in major IT shares.
EPS upgrade possible but revenue growth in IT will not see a massive surprise: Sandip Agarwal
Sandip Agarwal, Fund Manager at Sowilo Investment Managers, suggests not expecting more than 15-20% CAGR returns from the IT sector annually. While the sector has recovered from last year's underperformance, major upsides in large-cap IT stocks are unlikely unless valuations are very reasonable. Margin improvements could lead to positive surprises.
Accenture unveils $4 bln share buyback as AI powers strong fourth quarterly revenue
Accenture Q4 Results 2024: Accenture, headquartered in Dublin, exceeded analyst forecasts by reporting a fourth-quarter revenue of $16.41 billion, surpassing the anticipated $16.38 billion, as per LSEG data.
Accenture forecasts annual revenue below estimates
Accenture Q4 results 2024: The company said it expects to report annual revenue growth between 3% and 6%, the midpoint of which was below the analysts' average estimate of 5.9% growth, according to LSEG data.
Is it a case of ‘no bad news is good news’ for IT companies now? Rahul Jain answers
Rahul Jain of Dolat Capital says that the guidance for the current fiscal has been very weak in the case of the IT companies that give explicit numbers, be it Infosys or HCL Tech. And if they do not surprise positively during the earnings season, all the momentum can gradually fizzle out.
Accenture fans IT industry spending gloom with annual forecast cut
Accenture now expects full-year revenue growth in the range of 1% to 3%, from its prior forecast of 2% to 5%. The firm has been grappling with sluggish demand for its IT and consulting services as high interest rates slam the brakes on an industry that benefited from breakneck growth during the pandemic.
Accenture guides towards muted Q2 performance
Accenture reported revenues of $16.2 billion, an increase of 3% in dollar terms and 1% in local currency for its first quarter ended on November 30.
Accenture forecasts Q4 revenue below estimates
Accenture forecast current-quarter revenue in the range of $15.75 billion to $16.35 billion. Analysts on average expect revenue of $16.35 billion, according to Refinitiv data.
2023 will be brutal year for global economy; no company or country can escape it: Trip Chowdhry
Each of the companies from the entire tech pack will suffer either now or later. But there can be a situation that some companies may disclose and others may not. Accenture is transparent but they were not totally transparent to tell the bad news.
Accenture Q2 forecast disappoints as IT spending weakens
Beats quarterly estimates for revenue and earnings on Friday
Market Movers: What caused Zee Ent to crack and midcaps may see more selling
Shares of Zee Entertainment Enterprises, one of the hottest stocks on the Street in the past few months, succumbed to some pre-event anxiety today. The company is reaching a deadline to turn the non-binding offer from Sony India for a merger into a binding one on Tuesday.
How Accenture makes millions scrubbing Facebook's sordid content
Facebook and Accenture have rarely talked about their arrangement. But their secretive relationship lies at the heart of an effort by the world’s largest social network to distance itself from the most toxic part of its business.
Accenture acquires cloud analytics firm Core Compete
Core Compete is Accenture's eighth applied intelligence-focused acquisition in the past two years, building on its growing analytics, data and AI business around the world.
ETtech Deals Digest: MPL’s ~$1 billion valuation, Accenture-Imaginea deal, Startups and ESOPs
Mobile Premier League (MPL) has raised $95 million at $945 million. Accenture has acquired Imaginea in Cloud First push. A handful of Indian startups are extended ESOPs to their rank-and-file.
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