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Infosys ADRs crash over 8%, Wipro falls 6% after Accenture cuts annual revenue forecast - The Economic Times
Infosys and Wipro ADRs plunged following Accentures reduced FY26 revenue forecast. This downgrade highlights enterprise caution regarding discretionary IT spending, impacting Indian IT giants despite their AI investments and ongoing transformation projects, overshadowing recent cybersecurity acquisitions.
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