Infosys fined by Singapore tax authority over GST payment, what company’s filing on stock exchange says

Infosys faces a penalty of over Rs 66 lakh from the Inland Revenue Authority of Singapore related to GST payments. Simultaneously, Infosys plans to acquire a 75% stake in Versent Group, a subsidiary of Telstra, for approximately Rs 1,336 crore. This acquisition aims to enhance AI-enabled cloud and digital solutions for Australian businesses through a strategic collaboration.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *