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 transaction. Shruti is daughter of Infosys co-founder and former CEO SD Shibulal.

Samir Arora explains why his Helios Flexi Cap Fund had 21% cash in February end

Helios Flexi Cap Fund’s cash allocation surged from 1.70% in January to 20.60% in February. The fund exited 11 stocks, including Infosys, TCS, and HCL Tech, while adding ABB India, Bajaj Auto, and Kotak Mahindra Bank. It increased stakes in Bajaj Finance, Zomato, and DLF, while reducing holdings in S H Kelkar and KPIT Technologies.

Kolkata-based B2B education platform Crizac gets Sebi Nod for Rs 1,000 crore IPO

Crizac has received SEBI approval for a Rs 1,000 crore IPO, entirely an offer for sale (OFS). The OFS includes Rs 841 crore worth of shares from Pinky Agarwal and Rs 159 crore from Manish Agarwal. A Kolkata-based B2B education platform, Crizac provides international student recruitment solutions across the UK, Canada, Ireland, Australia, and New […]