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accenture guidance: IT stocks rally looks pre-mature after Accenture's underwhelming guidance. Should you sell?

Accenture reiterated its headline FY24 revenue growth guidance of 2-5% YoYcc but increased the inorganic contribution to more than 2% vs 2% earlier, which implies that FY24 organic growth guidance has been trimmed slightly. Management indicated no change in the demand environment – persistent weakness in BFS, CMT, and discretionary spends. ....

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Kerala: IBM launches automation innovation centre to meet business demands in India

To be in line with the business demands in India, the International Business Machines (IBM) on Monday launched Automation Innovation Centre at Brigade World Tra ....

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