UHNI

Why Ultra-Rich Businessmen Are Leaving Britain: The UK Exodus Explained

The exodus of the wealthy is primarily driven by the UK government’s decision to overhaul long-standing tax practices, including the abolishment of the 'non-domiciled' (non-dom) status. This regime previously allowed UK residents to avoid taxation on foreign income if they claimed their permanent home was abroad. 

Jul 23, 2025, 16:53 PM IST

Ex-IT honchos raise second round of funding

Exfinity Technology Fund, promoted by former IT honchos of Infosys, Wipro and I-flex, Friday announced raising Rs.25 crore in the second and final round of funding exercising the green shoe option.

Aug 08, 2014, 16:59 PM IST