accenture india

Guiding towards another quarter of macro-economic pains for the IT consulting business, Accenture forecast second-quarter revenue below street expectations on Tuesday. 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. The IT consulting major anticipates cautious spending by clients as macroeconomic uncertainty continues to strain IT spending. Accenture expects revenues for the second quarter of fiscal 2024 to be in the range…

Global IT and consulting major Accenture said on Friday that Ajay Vij has been appointed to the newly created role of country managing director India, and Sandeep Dutta will take over as the lead for its India market unit. Accenture said that after a 20-year career at Accenture, Rekha M Menon, senior managing director and chairperson for Accenture in India will retire on June 30. The primary responsibilities of the chairperson will now be undertaken by the new appointees. As country managing director, Vij will expand his…

Indian IT and business process management (BPM) firms are creating environmental, social and governance (ESG)-specific analytics and tools as clients mount greater scrutiny on compliance with mandated sustainability goals.Rekha Menon, chairperson, Accenture India stated that client conversations around ESG initiatives are shifting rapidly and is much more of a priority now, for Indian clients as well, than it was last year.“Accenture sees a lot of demand for solutions related to ESG. Whether it is to report their ESG…

IT services provider Accenture plc's net income rose 9.9% in the first quarter to $2 billion on strong performance in its health and public services and resources verticals. The Dublin-based company's revenue, which beat Street estimates, was up 5% year on year to $15.7 billion, in the quarter ended November 30. The market had forecast revenue to come in at $15.6 billion. The company has retained its revenue guidance - at 8-11% - for the fiscal year ending 2023. Accenture follows a September-August financial year. Its…