Failing internal tests, 600 trainees allegedly let go at Infosys

Indian IT giant Infosys has sacked hundreds of fresher employees after they failed to clear the internal fresher assessment (FA) test, Business Today has learnt. A fresher who was onboarded…

‘Possible that Hindenburg was indulging in hyperbole’: Aswath Damodaran says Adani Group competent player in infra business

Aswath Damodaran, Professor of Finance at the Stern School of Business at New York University, said in a blog post that “it is possible that Hindenburg was indulging in hyperbole…

Uday Kotak on Adani-Hindenburg row: ‘Do not see systemic risk to Indian financial system, but…’ 

Amid the raging controversy over a damaging report by Hindenburg Research on the Adani Group, industrialist and banker Uday Kotak on Sunday said that he does not see systemic risk…

D’Mart’s Damani reportedly buys 28 luxury apartments for over Rs 1,200 crore; India’s largest real estate deal?

Billionaire Radhakishan Damani is reportedly spending some serious cash on accumulating as many as 28 luxury apartments for around Rs 1,238 crore purported as one of India’s largest real estate…

Good news for central govt employees! Dearness allowance likely to be hiked by 4%

The central government is likely to raise dearness allowance (DA) for its over one crore employees and pensioners by four percentage points to 42 per cent from the existing 38…

London’s Science Museum to continue its association with Adani Group

After days of negative sentiments and a massive crash in its stocks, the embattled Adani Group has received some positive news in the last two days. Earlier on Friday, international…

Infosys allegedly fires 600 employees after they fail internal test

Indian IT giant Infosys has sacked hundreds of fresher employees after they failed to clear the internal fresher assessment (FA) test, Business Today has learnt. A fresher who was onboarded…

Adani Group to hire ‘big four’ firms to carry out a general audit, says TotalEnergies

Adani Group will hire one of the ‘big four’ (Deloitte, EY, KPMG, and PwC) accounting firms to carry out a general audit, its partner TotalEnergies said in a statement on…

Gautam Adani’s Year-to-Date losses outweigh those of Ambani and Damani; see comparison

Gautam Adani, industrialist and the chairman of the Adani Group has been in a world of pain ever since a report by Hindenburg Research dropped on January 24. While the…

Adani-Hindenburg row: Comfortable with our exposure to Adani Group, says Axis Bank

Private sector lender Axis Bank has reported its exposure to Adani group firms amid the continuing uproar over the Hindenburg report on magnate Gautam Adani and his behemoth Adani Group,…