India Inc to go slow on share buybacks in bid to conserve cash
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MUMBAI : India Inc., which rushed to announce share buybacks as stocks fell initially because of the impact of covid-19, is now expected to go slow on this to conserve cash with businesses continuing to be impacted by the nationwide lockdown.
Mint reported on 19 March that several cash-rich companies and their promoters were planning to announce share buybacks to…
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