Infosys promoters, including co-founders like Narayan Murthy and Nandan Nilekani, will not participate in the company’s Rs 18,000 crore share buyback. This decision will lead to a slight increase in their shareholding percentage and could impact their voting rights. The buyback aims to return surplus funds to shareholders and enhance long-term value by reducing the equity base.
QSR chains face margin pressure, not demand shock: Karan Taurani on fuel and LPG impact
Rising fuel and LPG prices are impacting India’s consumption landscape unevenly. While some sectors like QSR face margin compression due to high LPG dependence, others