Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
IT sector stares at delayed recovery, AI disruption
The New Indian Express Thrissur
|June 20, 2026
ACCENTURE’S weaker outlook and softer bookings have deepened concerns over a delayed recovery in India’s IT sector, with investors fearing AI disruption and subdued client spending could extend into FY27.
Shares of Indian IT companies fell on Friday after Accenture lowered the upper end of its annual revenue growth forecast and reported lower-than-expected new bookings for Q3. Its results are seen as an indicator of demand trends for Indian software exporters, which derive a large part of their business from global clients.
The Nifty IT index hit a three-year low and has been the worst performing index. Stocks such as Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree ended 2-7% lower on the National Stock Exchange.
Dit verhaal komt uit de June 20, 2026-editie van The New Indian Express Thrissur.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The New Indian Express Thrissur
The New Indian Express Thrissur
RBI MPC MAINTAINS STATUS QUO, CITES INFLATION RISKS
FEARS of inflation going out of control due to the West Asia conflict (which ended on Friday) and the impact on food prices due to the deficit monsoon forecast have kept RBI's monetary policy committee (MPC) members on a “wait and watch mode” at the June meeting.
1 min
June 20, 2026
The New Indian Express Thrissur
Iran introduces 48-hour permit plan for access to Hormuz
IRAN’S maritime authority said on Friday that all ships seeking to cross the Strait of Hormuz should submit a transit request “48 hours in advance”, despite its reopening after a US-Iran agreement to end the war.
1 min
June 20, 2026
The New Indian Express Thrissur
SEBI reintroduces open mkt share buyback from August 1
CAPITAL markets regulator SEBI on Friday decided to re-introduce open market share buybacks with a faster execution timeline from August 1.
1 min
June 20, 2026
The New Indian Express Thrissur
Not taking chances as NMC says no leave for doctors on June 20-21
AHEAD of the NEET-UG retest, the National Medical Commission (NMC) has directed all medical colleges and institutes to not grant leave to students on June 20 and 21.
1 mins
June 20, 2026
The New Indian Express Thrissur
RIL raised LPG supply 4-fold during Hormuz disruption: Anant Ambani
RELIANCE Industries on Friday said it increased LPG (Liquefied Petroleum Gas) supplies four-fold to help the country manage import disruptions caused by the conflict in West Asia.
1 mins
June 20, 2026
The New Indian Express Thrissur
MEXICAN WAVE IN GUADALAJARA
MEXICO took advantage of a defensive blunder by South Korea to win 1-0 and become the first team to advance to the knockout stage of the World Cup on Thursday, sending fans onto the streets across the country to celebrate.
1 min
June 20, 2026
The New Indian Express Thrissur
How hydration break helped Swiss win crucial tie
SOME teams at this year’s World Cup have blamed FIFA’s new hydration breaks for killing momentum. Switzerland used the break to seize it.
1 min
June 20, 2026
The New Indian Express Thrissur
IT sector stares at delayed recovery, AI disruption
ACCENTURE’S weaker outlook and softer bookings have deepened concerns over a delayed recovery in India’s IT sector, with investors fearing AI disruption and subdued client spending could extend into FY27.
1 mins
June 20, 2026
The New Indian Express Thrissur
Abhishek meets Speaker, demands disqualification of 20 'rebel' MPs
THE Trinamool Congress (TMC) on Friday formally submitted 20 separate petitions to Lok Sabha Speaker Om Birla seeking the disqualification of 20 rebel MPs under the anti-defection law.
1 mins
June 20, 2026
The New Indian Express Thrissur
HOLDING FABLE EMBARGO AS MIRROR
IN 1995, MIT Press published a book that nobody was meant to read in the ordinary way. It was the complete source code of Pretty Good Privacy, Phil Zimmermann’s encryption programme, set in machine-readable type across some 900 pages.
3 mins
June 20, 2026
Listen
Translate
Change font size