Carlyle Group has hired Harvey Schwartz, a former Goldman Sachs executive, as its next chief executive officer, a person familiar with the matter told Reuters on Sunday. Schwartz’s appointment, which…
Category: Companies
Foxconn’s January sales surge as China COVID disruption shaken off
Taiwan’s Foxconn, the world’s largest contract electronics maker and major iPhone assembler for Apple Inc, said on Sunday its revenue in January jumped 48.2% year-on-year, as it shook off COVID…
Adani offshore investor Opal Investment linked with Adani Family: Report
Opal Investment Pvt. Ltd. is an offshore company that is a major shareholder in Adani Power, the energy firm at the heart of Indian billionaire Gautam Adani’s business empire, reported…
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…
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…