Despite firm Q1 revenue growth, Accenture Plc left analysts unimpressed as it pegged the next quarter’s revenue growth below projections. Does this signal more trouble for Indian IT companies ahead?
Posts in category Business Standard
Does Accenture’s Q1 result spell more pain for IT firms? (20-12-2022)
Despite firm Q1 revenue growth, Accenture Plc left analysts unimpressed as it pegged the next quarter’s revenue growth below projections. Does this signal more trouble for Indian IT companies ahead?
Cryptoverse: Bidding adieu to 2022, the year that broke bitcoin by 60% (20-12-2022)
Crypto funds have seen net inflows of $498 million in 2022, versus $9.1 billion in 2021
PSP Projects soars 9% to hit record high on strong revenue visibility (20-12-2022)
So far in the financial year 2022-23 (FY23), PSP received total orders worth of Rs 1,833.09 crore
Shipping Corporation hits 52-week high; up 17% in 2 days on demerger update (20-12-2022)
The Final hearing before the Ministry of Corporate Affairs in New Delhi for obtaining sanction on the Scheme of Arrangement for demerger is fixed on Thursday, December 29, 2022
IRB Infra gains 3% as board plans to mull stock split proposal on January 4 (20-12-2022)
In the past one month, the stock of IRB Infra outperformed market, as they surged 29 per cent, as compared to nearly 1 per cent decline in the S&P BSE Sensex
LIC hits over 6-month high; stock gains 10% in two days (20-12-2022)
In past one month, the stock price of LIC has surged 20 per cent, as against 1 per cent decline in the S&P BSE Sensex.
Jefferies rejigs India model portfolio; Zomato, Bharti Airtel off menu (20-12-2022)
The change in stance with respect to Zomato is a complete reversal from nearly a month ago (November 13), when the stock was a high-conviction ‘buy’ for Jefferies with a price target of Rs 100
Dabur India dips 3% as 1% equity change hands via block deals (20-12-2022)
At 09:15 am, around 18.2 million equity shares, representing 1.02 per cent of total equity of Dabur India, changed hands on the BSE
FTX crypto exchange founder agrees to extradition to US, says attorney (20-12-2022)
Sam Bankman-Fried may be ready to come to the US to face criminal charges related to the collapse of cryptocurrency exchange FTX following a chaotic court appearance in the Bahamas.
A lawyer for Bankman-Fried was quoted as saying Monday the disgraced FTX founder has agreed to be extradited to the United States. A court hearing was stopped earlier in the day when his attorneys said it was premature for him to stand before the court.
Jerone Roberts, a local defense attorney for Bankman-Fried, told The New York Times that lawyers will prepare the necessary documents for extradition. Mr. Bankman-Fried wishes to put the customers right, and that is what has driven his decision, the Times quoted Roberts telling reporters.
It was not immediately clear when extradition could occur.
The court appearance came just a week after Bankman-Fried’s lawyers had initially said that they planned to fight extradition. An extradition hearing had been scheduled for Feb. 8. The reversal could speed up th