Followers

Tuesday, October 3, 2023

Indian IT gears up for muted Q2 earnings

Indian IT companies are expected to face a weak earnings season due to Accenture's modest guidance and continued weakness in discretionary spending. However, deal wins have accelerated, giving confidence in strong growth for FY25. The top four Indian IT firms have collectively booked deals worth nearly $20 billion, with a significant portion coming from large deals. Infosys recently expanded its partnership with Liberty Global in a deal valued at 1.5 billion euros.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/Tj7pWU1

No comments:

Post a Comment

Dow soars over 1,300 pts, Sensex 900 pts

Indian markets surged on Tuesday, with the Sensex closing above 80,000 points, fueled by a global rally following Donald Trump's victory...