A few of the mid-cap IT companies in India have corrected in the aftermath of the SVB collapse on account of their exposure to US regional banks. Coforge (CMP: Rs 3,852 Nifty level: 16,986) is a case in point where the stock has lost over 7 percent in the past week. Coforge had acquired a 60 percent stake in SLK Global from founder Fifth Third Bank last year, with an option to acquire 20 percent after two years. SLK Global...
Moneycontrol Pro Panorama | Inflation, recession, banking crises, what’s next?
Mar 23, 2023 / 02:21 PM IST
In today’s edition of Moneycontrol Pro Panorama: Indian markets' soar but not revenue, 2023 will likely be the year of layoffs, ...Read Now
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