Nikita Singhania, a Delhi-based AI Engineering consultant at Accenture, has come under fire after her estranged husband, Atul Subhash, died by suicide and named her in his death note. Accused by Atul for "explicit instigation for suicide," Nikita had allegedly filed multiple cases against him including domestic violence and harassment charges, leading to his mental and emotional trauma and ultimately his death. This shocking incident sheds light on the issues surrounding biased laws and the consequences of a marriage falling apart.
A viral video of Bengaluru engineer Atul Subhash's in-laws responding aggressively to reporters has sparked outrage on social media. Subhash tragically took his own life after allegedly facing harassment from his estranged wife and her family. The video shows his brother-in-law and mother-in-law shouting and threatening reporters, leading to calls for their employer, Accenture, to fire them. The incident has reignited conversations about the importance of media freedom and the need to hold those in positions of power accountable.
In this article, we use a DCF analysis to estimate the intrinsic value of Accenture PLC, a global professional services company. The GuruFocus DCF calculator, which uses earnings per share instead of free cash flow, values the company at $247.55 as of 2024-12-10. However, with the current trading price at $359.5, there is a -45.22% margin of safety, indicating that the company is currently overvalued. The GuruFocus DCF calculator follows a two-stage model to account for the company's changing growth rates over time.
The recent Nobel Prize wins in Physics and Chemistry have shed light on the critical need for effective regulation of artificial intelligence. With AI technology being recognized as a key driver of scientific advancement and receiving attention from governments and industries worldwide, defining its purpose and ensuring ethical use are necessary for its integration into society. However, concerns remain over potential risks and the need for responsible practices, including regulations. As the U.S. government approves the export of advanced AI chips to the UAE, the importance of regulating AI becomes even more pressing.
Shares of IT giants Infosys and Wipro experienced declines on Wall Street influenced by Accenture's revised revenue projection for 2024, reflecting the cautious economic outlook. The consulting firm's share price tumbled over 9% following its updated forecast, anticipating subdued demand for its services due to economic headwinds. This development highlights the broader challenges faced by the IT and consulting sector, with businesses tightening budgets and limiting spending on additional services. Indian IT majors such as TCS and Infosys have previously reported subdued results, in line with this trend of reduced industry spending. Accenture's third-quarter revenue forecast fell below market estimates and new bookings experienced a decline, contributing to the negative sentiment.