Highlights Economic uncertainty is hurting some industries more than others Companies in affected industries are delaying project decisions and slowing spending Clients prioritising cost-take out projects. Smaller deals are seeing a pullback This implies a moderation in discretionary spends, a risk to all IT companies Midcap IT is dependent more on discretionary spends and short cycle projects In a sign of business moderation IT services major Accenture left its revenue growth forecast for fiscal year ending August 2023 unchanged. The last time Accenture left its revenue...
Moneycontrol Pro Panorama | Banking fragility and the heavy hand of the State
Mar 24, 2023 / 02:00 PM IST
In today’s edition of Moneycontrol Pro Panorama: Fed's pause a clue to investors, layoffs a sign of structural slowdown in busin...Read Now
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