Also, if you look at the economic activity, since COVID we have been at breakneck speed. Even on that count, we needed a breather and this period has given, last say two quarters have given us a period where we are kind of taking a breather on even economic activity, that also sets the platform very nicely for future growth.
India, France near deal on tax treaty, to lower levy on dividends paid to French parent companies
India and France are nearing a revised tax treaty that will reduce dividend taxes for French parent companies holding over 10% stakes to 5%, while
December 12, 2025