Narayana Murthy and five others, founded Infosys in 1981. Shreyas Shibulal, who sold the largest stake, is the son of Infosys co-founder SD Shibulal… This Sale represented around 0.20% of Infosys’ total shares. Key details: Infosys to acquire GuideVision for INR 262 Crores, Wipro Ex-CEO Abidali Neemuchwala becomes Investor to back AI and Cloud startups, Tech Mahindra to offer Blockchain solutions using AWS (Amazon Web Services), Tejas Networks Wins Rs. Infosys Co-founder and former Infosys CEO, SD Shibulal and his family, sold 85 lakh of their equity shares in the IT company Infosys Technologies worth over ₹770 crore. In a Financial Times interview in 2012, it was cited that his favourite city is New York.
We bring the Lastest happening of Indian IT Industry and exclusive stories that matter for Software Engineers and IT Professionals. In January 2019, Shreyas Shibulal, son of Infosys co-founder SD Shibulal, set up Bengaluru-based investment fund ‘Micelio’ for investing in electric vehicles. S.D. Ex-Cognizant employee alleges sexual harassment and discrimination against two Cognizant Executives.
SD Shibulal’s son Shreyas Shibulal founded Micelio, a startup fund focused on developing electric vehicles based out of Bengaluru in 2019. Over 50% of H1B Visa denied for Cognizant and Infosys; the complete list of companies for H1B Visa denials. Please continue to support the Indian IT Blog and share stories and follow us on Twitter.
SD Shibulal, along with NR Narayana Murthy and five others, had founded Infosys in 1981.
Shibulal served as the Infosys Chief Executive Officer and Managing Director from 2011-2014. The fund, which has a …
Shibulal, along with wife Kumari, daughter Shruti and son Shreyas, holds nearly 2.2% of Infosys shares, which has a market capitalisation of around $30 billion. The main goal of the Indian IT Blog is to provide the latest Indian IT Industry News.
Kumari Shibulal, his wife, held another 0.25 per cent stake, son Shreyas Shibulal 0.66 per cent and daughter Shruti Shibulal owned 0.06 per cent stake at the end of June quarter. Data showed SD Shibulal held 17,65,768 shares or 0.4 per cent stake in Infosys as of June 30. As per SD Shibulal’s family, they sold the Infosys share to raise the money mainly for below three reasons: Shibulal, along with Kris Gopalakrishnan and four other founded Axilor Ventures based in Bengaluru, invests in technology-focused startups. SD Shibulal, along with NR Narayana Murthy and five others, had founded Infosys in 1981. He served as the Chief Executive Officer and Managing Director of Infosys from 2011 – 2014.
As per one of the reports, considering current development and market trends of electric vehicles, Shreyas Shibulal wants to add more funds to this startup and provide support to other startups in the same space. SD Shibulal, along with NR Narayana Murthy and five others, had founded Infosys in 1981. Infosys To Start Promotions From September, VMware India Layoff: Software Product Company to Layoff 200 Indian employees. The couple has two children; daughter Shruti and son Shreyas. Shibulal served as the. Details of family members and their value of shares traded. Cognizant Australia-NZ Head quits; replaced by PwC Executive. Here are the key points of these transactions according to the regulatory filings and advertisement by Infosys Technologies: Why did SD Shibulal’s family sell Infosys shares worth ₹780+ crore. Co-founder. Shibulal. Biggest Accenture Layoff: 25000 job cuts worldwide including India, HCL to hire Experienced Professionals for Nagpur campus through Virtual Recruitment Drive. Prior to becoming Chief Executive Officer and Managing Director, Shibu served as Chief Operating Officer from 2007 - 2011. As of June 30, the group together held around 2.24% stake in Infosys. Shibulal (Shibu) along with N.R. S.D. Before the transaction, Shibulal and Family had a 2.24% stake of Infosys’s total shares, and after this transaction, they will still have a ~2% stack in Infosys.
One of his hobbies is dismantling and reassembling electronic devices to figure out how they work, and likes listening to Carnatic classical music. Citigroup Global Markets India Pvt Ltd executed this Sale as a sole broker. Due to the current favorable environment for Indian Startups, Shibulal wants to pump more money to startups ventures.
32 Crore Orders for Bharatnet Project, Software Engineer Leaves IT Job and becomes Chaiwala (tea seller). SD Shibulal is working towards transforming Indian school education with the help of technology via his platform ShikshaLokam, Shibulal family also runs the Advaith Foundation and the Sarojini Damodaran foundations, Infosys Vanguard deal: 10 key details of first Billion-Dollar deal of Infosys.
After Highest H1B Visa Denials, Infosys Announced hiring for 12000 Americans. His wife Kumari Shibulal…
Shibulal met his wife Kumari, during his university days in SD College. Shibulal served as the Infosys Chief Executive Officer and Managing Director from 2011-2014. Details of family members and their value of shares traded Shreyas Shibulal, son of Infosys Co-founder SD Shibulal, has started Micelio, a fund dedicated towards investing in electric vehicles. Dell Layoff 2020 Confirmed: India impacted!! And how many shares his family sold? Covid-19 Layoff: Software Engineer becomes Liquor maker. According to the shareholding pattern of the promoter and promoter group on BSE, SD Sibulal held 17.65 lakh shares or 0.4 per cent stake in Infosys as of June 30, 2020. Also Read: Infosys Vanguard deal: 10 key details of first Billion-Dollar deal of Infosys. Who is SD Shibulal?
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