The Canadian government has imposed a penalty of over 1.34 lakh Canadian dollars (about Rs 82 lakh), on IT company Infosys for alleged underpayment of employee health tax for the year ended December 31, 2020, a regulatory filing said. Infosys said that there is no material impact on financials, operations or other activities of the company.
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Open FlipBSE Sensex and NSE Nifty 50 continued their upward momentum from the previous session, propelled by gains in automobile and energy stocks. However, lingering apprehensions regarding the outcome of the ongoing general elections persisted, tempering investor sentiment. The broader market showcased robust performance, with BSE Midcap advancing by 0.7% and BSE Smallcap surging by 1.4%.
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