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Tags archives: shares

Infosys loses over Rs 22k crore in market value after Sikka quits

Shares of Infosys ended sharply lower by nearly 10 percent on Friday, wiping out Rs 22,519 crore from its market valuation, after Vishal Sikka, the first non- founder CEO of the company, called it quits. The stock slumped 9.60 percent to settle at Rs 923.10 on BSE. During the day, it dived 13.39 percent to Rs 884.40 – its 52-week low level. At NSE, shares of the company plummeted 9.56 […]

Housing.com CEO Rahul Yadav Has Allotted All of His Personal Shares to Employees, Says Company

Saying it was “too early in life to get serious about money,” Rahul Yadav, the 26-year-old CEO of real estate e-commerce website Housing.com, has allotted all of his personal shares – said to be worth between Rs. 150 crore and Rs. 200 crore – to the 2251 employees of Housing.com, the company said via a press statement on Wednesday. Yadav made this announcement on Wednesday at the company townhall that […]