NCLT Orders Liquidation of Infosys Subsidiary Skava Pvt. Worth ₹2.72 Crore
Infosys previously had plans to sell the e-commerce firm in 2019 but had it declassified as “held for sale.” The software company instead opted to repurpose the firm’s business as they didn’t expect a sale to materialise in the expected time period. Together, these assets amounted to Rs 2,060 crore (or $316 million), and liabilities…