Tag: stake
Millionaire baby gets richer! Narayana Murthy\’s grandson to earn Rs 4 crore from Infosys dividend
Murthy\’s grandson owns 15 lakh shares or 0.04% stake in the Bengaluru-based software services exporter. At today\’s market price of Rs 1,400, the value of his holding comes to Rs 210 crore. The record date for the payment of the final dividend and a special dividend has been fixed at May 31, while the payment will be made on July 1.
Millionaire baby gets richer! Narayana Murthy\’s grandson to earn Rs 4 crore from Infosys dividend
Murthy\’s grandson owns 15 lakh shares or 0.04% stake in the Bengaluru-based software services exporter. At today\’s market price of Rs 1,400, the value of his holding comes to Rs 210 crore. The record date for the payment of the final dividend and a special dividend has been fixed at May 31, while the payment will be made on July 1.
Adani bull GQG spends another billion dollars on 6 stocks
The latest shareholding pattern shows that GQG\’s ownership rose 202 basis points (bps) from 2.51% in December to 4.53% in the March quarter. In the case of Adani Power, the FII\’s stake rose from 1.33% to 5.2% sequentially.
GQG increases stake in Patanjali Foods by nearly 4 times, stock jumps 5.3%
GQG had invested around Rs 2,400 crore for acquiring a 5.96% stake in the offer for sale of Patanjali in July 2023. The US-based investment firm has been increasing its exposure to India after investing in the Adani group. It holds positions in companies including ITC and Sun Pharmaceutical Industries.
BNP Paribas to acquire Fosun's around 9% stake in Belgian insurer Ageas
PARIS/HONG KONG (Reuters) -BNP Paribas has signed an agreement with China\’s Fosun Group to acquire its around 9% stake in Belgian insurer Ageas for a sum the French bank estimates at 730 million euros ($776.87 million).
HDFC Bank shares in focus as Japan’s MUFG set to buy 20% stake in HDB Financial
HDFC Bank\’s stock reacts to MUFG\’s 20% stake purchase in HDB Financial Services at $9-10 billion valuation pre-IPO.