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4558: Big Tech's tax blow, Infosys trainee layoffs & Urban Company and Sedemac's IPO push
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In today’s Tech3 from Moneycontrol, Big Tech companies face a steeper tax burden in India as settlement payments lose their deductible status. Infosys lets go of nearly 200 more trainees amid sluggish demand. Plus, Urban Company files for a blockbuster IPO with early investors eyeing big exits. Also in focus: Sedemac Mechatronics gears up for a potential public listing. Stay tuned for more updates from the tech and startup world.
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