Tag: business investment

IT firms’ buybacks hamper their future business investment: Moody’s

NEW DELHI: Share buybacks by information technology (IT) firms in the country impede their ability to invest for their future business needs, global ratings agency Moody’s Investors Service said Wednesday. It can be noted that the last few years have seen a high number of share buybacks from the country’s cash-rich IT companies. “High levels […]

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