Infosys families make $1.05bn from block

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Infosys families make $1.05bn from block

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Members of the founding families behind Indian company Infosys have raised a whopping Rp64.81bn ($1.05bn) by cashing in a chunk of their shares in the technology giant. Executed in the early hours of December 8, the deal was sold at a fixed price to investors because of some unusual challenges that had to be overcome.

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