IT companies

Indian IT Stocks Tumble After Accenture Lowers Revenue Guidance

Indian IT stocks, including Tata Consultancy Services, Infosys, and Tech Mahindra, fell up to 7% on Friday following Accenture's reduced revenue growth forecast for FY26 to 3-4%, impacting sector sentiment.

Russian IT Companies See First Revenue Drop in Years

Russian IT companies experienced a 0.75% revenue decline in 2025, the first in years, following significant growth in 2024. Experts cite reduced client budgets, increased development costs, and heightened competition as key factors.

IT companies enabling remote work: Nasscom