Nasdaq-listed Rezolve Ai has named Sauvik Banerjjee, former chief technology officer (CTO) at Tata Digital, as its president of global professional services and chief digital officer (CDO). Banerjjee, who comes with over 25 years of experience in scaling multimarket technology programmes and services, was a founding member of Accenture Digital, where he led its ecommerce…
Shares of global professional services company Accenture (NYSE:ACN) fell 7% in the afternoon session after the company reported weak first quarter 2025 (fiscal Q3) results: bookings in the quarter (a leading indicator of revenue) missed and EPS guidance was just in line. There were likely concerns about the sales pipeline as the number of new…
Ever since Donald Trump’s billionaire aide Elon Musk took over the leading role at the Department of Government Efficiency (DOGE), thousands of federal workers have lost their jobs as part of the cost-cutting effort of the new administration. According to some new reports, federal agencies have now been asked to justify their spending on private…
Domestic IT firms are expected to remain largely unaffected by US government spending cuts, analysts said, even as Accenture flagged concerns over delays and cancellations of federal contracts due to cost-cutting measures initiated by the Donald Trump administration. On Friday, shares of IT firms, including Infosys, Tata Consultancy Services (TCS), Wipro, Tech Mahindra, and HCL…
Photo: Spencer Platt (Getty Images) In This Story The Christmas holiday is fast approaching, and the festive spirit is in full swing as people gear up for celebrations, shopping sprees, and family reunions. While only a few companies are set to release earnings reports this week, the stock market is bracing for a potentially pivotal…
BMW Vision Neue Klasse concept car is on display in Beijing. (Photo by Yi Haifei/China News … [+] Service/VCG via Getty Images) China News Service via Getty Images The slowdown in European electric vehicle sales will soon be seen as a temporary blip as they accelerate again towards market leadership by 2030 and on to…