Latest news with #Accenture
CBC
13 hours ago
- CBC
Mourners at vigil for pedestrian killed on Elgin Street demand safer roads
Social Sharing More than 100 people attended a vigil outside city hall on Friday evening, calling for safer roads in Ottawa after a pedestrian was killed at a nearby intersection earlier in the week. Saloni Aitawadekar, 27, died after being struck by a pickup truck near a crosswalk at Elgin Street and Laurier Avenue W. on Monday. Aitawadekar, who was a graduate of Algonquin College, worked nearby in marketing for the business management firm Accenture. She stepped out of the office for a brief stroll to get a breath of air on Monday afternoon but never returned, her colleagues said. Attending the vigil, colleague Cindy Merhi recalled Aitawadekar as a vibrant presence in the office who was excited to be building a life in Canada after emigrating from India. "She had dreams; she had ambitions; she had goals; she wanted to buy a house," Merhi said. Housemate Atri Dave said his friend was an only child who had been raised by a single mother. Since moving to Canada, Aitawadekar had been financially supporting her mother in Hyderabad. "She used to send 15,000 Indian rupees [$240] to her mother every month and that's what she was surviving on. And now that support has been pulled out of her," Dave said, explaining that friends were fundraising to repatriate Aitawadekar's body and help her mother. Aitawadekar had obtained her permanent residency earlier this year, Dave said, and had a boyfriend she planned to marry. "The next stage for her was to acquire her citizenship," Dave said. Intersection upgrades delayed The vigil was organized by Marna Nightingale, who noted that plans to upgrade the intersection at Laurier and Elgin had been delayed for years, even after a cyclist was killed nearby in 2018. "They had a chance to fix it when somebody was killed in the bike lane there," she said. After plans to upgrade the intersection were delayed last year due to jurisdictional issues, work is scheduled to begin on a multimillion dollar revamp this summer. "If it hadn't taken that extra year, she might not have died," Nightingale said. Addressing the crowd, Somerset Councillor Ariel Troster reiterated a call for the city to commit to a "vision zero" strategy to eliminate traffic fatalities. The city's current road safety action plan aims to reduce traffic fatalities by 20 per cent annually. "What is the acceptable number of deaths? No death is acceptable because of bad infrastructure," Troster said. Following speeches, Aitawadekar's friends laid a pair of her shoes next to three "ghost bikes" outside city hall that represent cyclists who have been killed.
Globe and Mail
15 hours ago
- Business
- Globe and Mail
New Buy Rating for Accenture (ACN), the Technology Giant
In a report released today, David Grossman from Stifel Nicolaus reiterated a Buy rating on Accenture. The company's shares opened today at $287.21. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. According to TipRanks, Grossman is a 4-star analyst with an average return of 8.1% and a 56.94% success rate. Grossman covers the Technology sector, focusing on stocks such as Accenture, Epam Systems, and Infosys. In addition to Stifel Nicolaus, Accenture also received a Buy from UBS's Kevin Mcveigh in a report issued on July 2. However, on July 7, Jefferies maintained a Hold rating on Accenture (NYSE: ACN). Based on Accenture's latest earnings release for the quarter ending May 31, the company reported a quarterly revenue of $17.73 billion and a net profit of $2.2 billion. In comparison, last year the company earned a revenue of $16.47 billion and had a net profit of $1.93 billion
Yahoo
19 hours ago
- Business
- Yahoo
Rezolve AI (RZLV) Launches Global Professional Services Division for AI Growth
Rezolve AI PLC (NASDAQ:RZLV) is one of the most popular AI penny stocks to buy according to billionaires. On June 26, the company announced the creation of Rezolve Ai Professional Services, a global growth platform to meet rising demand in the enterprise AI services market. Source: unsplash The company appointed Sauvik Banerjjee to lead the division's efforts. Banerjjee, formerly the Global Commerce Head at Accenture and a founder and CTO at Tata Digital, is now the President of Rezolve Ai Global Professional Services and Chief Digital Officer. The new division will provide a range of services designed to help enterprises effectively integrate and utilize Rezolve's 'Brain Suite' AI technology. These services include C-suite advisory on AI roadmaps, data and architecture readiness assessments, tailored 'Brain Suite' model training and integration, as well as change management and continuous optimization. The creation of this division follows Rezolve's achievement of $70 million in Annual Recurring Revenue (ARR) ahead of schedule, with expectations to exceed $100 million ARR by the end of 2025. The company's platform currently supports over 50 enterprise customers and engages 16.5 million monthly active users across 42 million devices. Rezolve AI PLC (NASDAQ:RZLV) provides generative AI solutions specifically designed for the retail and e-commerce sectors. Its platform enables real-time consumer engagement across millions of devices, powering dynamic search, personalized promotions, and transactional experiences. While we acknowledge the potential of RZLV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Defensive Stocks to Buy in a Volatile Market. Disclosure: None. This article is originally published at Insider Monkey. Melden Sie sich an, um Ihr Portfolio aufzurufen.
Yahoo
20 hours ago
- Business
- Yahoo
Rezolve AI (RZLV) Launches Global Professional Services Division for AI Growth
Rezolve AI PLC (NASDAQ:RZLV) is one of the most popular AI penny stocks to buy according to billionaires. On June 26, the company announced the creation of Rezolve Ai Professional Services, a global growth platform to meet rising demand in the enterprise AI services market. Source: unsplash The company appointed Sauvik Banerjjee to lead the division's efforts. Banerjjee, formerly the Global Commerce Head at Accenture and a founder and CTO at Tata Digital, is now the President of Rezolve Ai Global Professional Services and Chief Digital Officer. The new division will provide a range of services designed to help enterprises effectively integrate and utilize Rezolve's 'Brain Suite' AI technology. These services include C-suite advisory on AI roadmaps, data and architecture readiness assessments, tailored 'Brain Suite' model training and integration, as well as change management and continuous optimization. The creation of this division follows Rezolve's achievement of $70 million in Annual Recurring Revenue (ARR) ahead of schedule, with expectations to exceed $100 million ARR by the end of 2025. The company's platform currently supports over 50 enterprise customers and engages 16.5 million monthly active users across 42 million devices. Rezolve AI PLC (NASDAQ:RZLV) provides generative AI solutions specifically designed for the retail and e-commerce sectors. Its platform enables real-time consumer engagement across millions of devices, powering dynamic search, personalized promotions, and transactional experiences. While we acknowledge the potential of RZLV as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: Top 10 Materials Stocks to Buy According to Analysts and 10 Best Defensive Stocks to Buy in a Volatile Market. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Mint
a day ago
- Business
- Mint
The week in charts: Brics disjointed, power demand drops, Nvidia hits $4 trillion
The 17th Brics summit was held in Brazil earlier this week amid tariff threats from the US and geopolitical challenges. Meanwhile, India's electricity demand declined owing to a cooler summer and an early monsoon, and Nvidia stock soared, making it the world's first $4-trillion market cap company. Balancing Brics The 17th Brics summit was held in Brazil amid tariff threats and geopolitical conflicts, with the bloc seeking to strengthen the position of the global south. The absence of China's Xi Jinping and the virtual participation of Russia's Vladimir Putin owing to legal constraints underscored internal challenges. Brics+, now expanded to 11 members, represents 48% of the global population and is steadily closing the GDP gap with the G7, according to a Mint analysis. However, the bloc has more differences than similarities, with only a few countries, including India and South Africa, having strong democratic values. Electricity demand dips India's electricity demand fell 1.5% year-on-year in the June quarter to 445.8 billion kilowatt hours, according to the data from the Central Electricity Authority. This marks the first drop since the 2020 pandemic-hit first quarter of 2020. The decline in April-June 2025 was likely due to a cooler summer and an early monsoon, which reduced energy needs. The latest data from the India Meteorological Department showed that May saw a maximum temperature of 35.08 degrees Celsius, as against the normal trend of 36.60 degrees Celsius. The highest supply in a day (peak power demand met) in June also fell to about 242 GW last month from about 244 GW in June 2024. Nvidia is in a league of its own $4 trillion: That's the market cap Nvidia briefly hit on 9 July after its shares surged to an all-time high of $164.42, extending its lead over Apple and Microsoft as the world's most valuable publicly traded company. Nvidia's stock has seen strong demand in the past five years, driven by growing investor confidence in its critical role in powering AI technologies. The chipmaker's shares have gained around 21% since last year, Mint reported. The company, founded in 1993, first surpassed $2-trillion in market cap in February 2024 and $3 trillion in June 2024. Renewed US tariffs With the 9 July deadline for trade deal negotiations ending, the US has sent formal letters to 14 countries, outlining revised tariffs. Among these, Laos and Myanmar have been hit with 40% reciprocal tariffs, the highest in the current list. Five of these, including Japan and South Korea, have been hit with a 25% tariff. The new reciprocal tariffs for the listed countries are set to take effect from 1 August. India, which is trying to strike a trade deal with the US, is unlikely to receive such a formal notification, Mint reported. Accenture signals IT slump A 6% drop in Accenture's new bookings in Q3FY25 led to a sharp decline in its stock last month. This was mirrored by Indian IT stocks, highlighting the company's influence on the sector. As a major player with overlapping markets, especially in North America, Accenture is seen as a bellwether for Indian IT firms. All listed Indian IT companies earn over 50% of their revenue from the Americas, making them sensitive to demand shifts there. However, an analysis by shows that the Dublin-headquartered tech and consulting major differs from Indian IT firms in several ways, warranting a closer look beyond its quarterly numbers. Balrampur Chini's bio bet ₹2,850 crore: That's the investment Balrampur Chini Mills is making on bioplastics amid price controls and climate risks, Mint reported. The company is setting up a polylactic acid plant, India's first by a sugar firm, next to its Kumbhi mill in Uttar Pradesh, aiming for ₹2,000 crore in revenue by 2027. PLA, a biodegradable plastic made from sugar, will initially target single-use plastic substitutes. While analysts see it as an ESG-friendly growth engine, concerns persist over input risks, as the plant will still rely on sugarcane, which is a water-guzzling crop vulnerable to weather shocks. RCB's power play The Indian Premier League's (IPL) valuation rose 12.9% year-on-year to $18.5 billion in 2025, cementing its status among the world's top sporting leagues, according to a study by Houlihan Lokey. Royal Challengers Bangalore became the most valuable team after their maiden title win in 2025, replacing Chennai Super Kings. Mumbai Indians ranked second and Chennai Super Kings settled for third. Advertising revenues crossed $600 million, and viewership peaked at 678 million during the final on 3 June. With growing investor interest and cross-league expansion, IPL is evolving into a global media-sport brand, with longer seasons expected in future, the report said. Chart of the week: How urban Indians use their time Urban Indians love to watch TV and give a lower priority to reflection, relaxation and rest, a Mint analysis of the Time Use Survey 2024 showed. Watching TV is the top leisure activity, especially for urban women, while rural women, who work the hardest, prefer talking over screen time to unwind. Follow our data stories on the In Charts and Plain Facts pages.
