Expansion● Neutral for Indian equities
Accenture to return less to shareholders as acquisition spending rises
Accenture’s capital-allocation decisions matter to Indian IT services firms, which tend to track the company’s strategy. Local IT services firms also returned less to shareholders last fiscal.
- Blockbuster Accenture show holds out hope for battered Indian IT
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- Accenture expects higher AI spending by clients as token costs fall
- Accenture’s managed services momentum offers positive signals for Indian IT