US shutdown impact on India IT- Infosys buyback and Hindalco deals stuck in logjam

The continuing shutdown of the US government is beginning to disrupt corporate activity for Indian companies with American exposure, as curtailed operations at US agencies delay clearances and filings required for cross-border actions.

Infosys and Hindalco are among those now facing procedural holdups as the Securities and Exchange Commission (SEC) and the Committee on Foreign Investment in the United States (CFIUS) are operating with limited staff.