Kaveri to repurchase shares through buy back

This time around Kaveri Telecom would be rewarding shareholder's by repurchasing shares for a price of 116.75/share. The company plans to make an open offer to purchase 28,13,796 representing 20% of the paid up equity capital.


Share repurchases are more rewarding as compared to dividend payouts, because dividend income is taxed, which translates to double taxation for shareholders.








Share Repurchase by Kaveri

What is Factoring?

Factoring is an accounting concept. When a customer uses a bank card (VISA or a Mastercard) to pay for an item or a service, the company doesn't carry the receivable on its balance sheet. The receivable is sold off to the finance company that issued the card. Under this arrangement the company simply debits the cash a/c and credits sales a/c.