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Infosys Slides 6.75% After Accenture Flags Growth Worries for Indian IT

BENGALURU, June 20, 2026, 19:35 (IST) Infosys shares slumped 6.75% on Friday, closing at ₹1,051.40 after hitting ₹1,030, which marked a new 52-week low. Markets in India are shut for the weekend. Investors now have to wait until Monday to see if Infosys can hold its rebound from the late-session low. (Investing.com) Accenture’s weaker sales forecast and soft outsourcing bookings drove the Nifty IT index to its lowest level in three years.

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Tata Technologies Sees India as Next Auto Hub as Funds Add Shares

MUMBAI, June 20, 2026, 18:44 IST Tata Technologies is pitching India as the next major automotive engineering and investment hub after China, arguing that global carmakers need both a large growth market and a place where they can scale technical teams quickly. “After China, I think many customers, OEMs, manufacturers are viewing India as the next big story now,” Nachiket Paranjpe, president of global industries and ESS delivery, told ETAuto. OEMs are carmakers; Paranjpe also said virtual engineering and simulation were helping clients cut vehicle-development cycles by roughly 40%.

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