Top 10 business headlines: Air India sale, 20% tax on buyback, and more

From Air India sale to 20% tax on share buybacks, here are the top 10 stories which made headlines on Sunday

1. Budget impact: Infosys, 8 others face 20% tax burden on share buybacks

Nine companies, including technology major Infosys, which have active buyback programmes, are staring at an unexpected tax burden. Read more here

2. Budget impact: Sebi may give listed firms two years for 35% public holding

The Securities and Exchange Board of India (Sebi) may give listed companies two years to increase minimum public shareholding from 25 per cent to 35 per cent, a proposal floated in the Union Budget 2019-20. “The compliance and time frame would be similar for all listed companies, including public