Accenture Cuts 19,000 Jobs, Slashes FY23 Revenue Growth Forecast

In an indication of worsening macroeconomic conditions and its impact on the IT sector, Accenture Plc on Thursday announced that it would cut about 19,000 jobs or 2.5 percent of its workforce over 18 months and lowered its annual revenue projections for…

TCS Needs To Reinvent Under New Leadership Of Krithivasan: Experts

As K Krithivasan is set to take the helm of Tata Consultancy Services from the outgoing CEO, Rajesh Gopinathan, experts argue that the incoming CEO will need to rethink the growth strategy for the IT giant yet again.  Sanchit Vir…

PE Investments In Data Centres Grow Fivefold YoY, Reach $2.2 Bn

An increase in digitization of businesses coupled with rising demand for localization of data has catapulted the quantum of private equity investments in Indian data centres by more than 5 times.   Sanchit Vir Gogia, chief executive of Greyhound Research, explained that data centre colocation…