Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
With the record date of the Infosys buyback upon us, it’s worth understanding how buyback taxation works in India. Thankfully, Nithin Kamath, co-founder and chief executive officer, took it upon himself to do the math. Zerodha CEO Nithin Kamath. (@Nithin0dha/X) The ₹18,000-crore Infosys buyback—the largest in India’s history along with Tata Consultancy Services Ltd.’s in […]
Infosys promoters and promoter group, including Nandan M Nilekani and Sudha Murty, have decided not to participate in the company’s ₹18,000 crore share buyback, according to a regulatory filing on Wednesday. The Infosys promoters collectively held 13.05% of the company’s equity as on the buyback announcement date. (Reuters) The promoters collectively hold 13.05 per cent […]
