IndiGo bulk deals effect: FTSE raises weight, MSCI may follow suit

September 2, 2024

Following the sale of a 5.83% stake by promoter Rakesh Gangwal, global indices have increased IndiGo’s weightage, predicting notable inflows. After the sell-off, Gangwal’s stake in IndiGo decreased significantly. The airline is expanding operations and introducing business class seats by November and wide-body planes by 2027.

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Bharti Airtel transfers 69.94% stake in Airtel Payments bank to Airtel Ltd

Bharti Airtel has transferred its entire 69.94 per cent stake in Airtel Payments Bank to wholly-owned subsidiary Airtel Limited, a regulatory filing said on Tuesday.

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Shruti Shibulal buys Infosys shares for Rs 469 crore

Shruti Shibulal, one of the promoters of Infosys, on Wednesday acquired additional shares of the IT firm for Rs 469 crore through an open market

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