Hindenburg effect: Adani Group cuts revenue growth target, capex amid rout
Gautam Adani’s conglomerate has halved its revenue growth target and plans to hold off fresh capital expenditure, according to people familiar with the matter, as the Indian billionaire seeks to rebuild investor confidence in the wake of a bruising short seller attack. Read more
Going slow: Infosys, Wipro keep Class of 2023 waiting for campus hiring
Excess hiring in the previous year and continued economic uncertainties are affecting campus recruitment by top information technology (IT) services players.
Infosys and Wipro, according to sources, are yet to