Does Accenture's Q1 result spell more pain for IT firms?

Despite firm Q1 revenue growth, Accenture Plc left analysts unimpressed as it pegged the next quarter's revenue growth below projections. Does this signal more trouble for Indian IT companies ahead?

Despite firm revenue growth in Q1, Dublin-based Accenture Plc left analysts unimpressed as it pegged the next quarter’s revenue growth below projections. The company also sounded cautious about client spending. So does this signal more trouble for Indian IT companies ahead? This podcast has the details.