Buzzing Stocks: Infosys, Hindustan Unilever, Marico and others in news today
The country's second largest IT services company has appointed Shaji Mathew as the group head of human resources with effect from March 22, 2023. Shaji will be taking over from Krish Shankar who retires on March 21, 2023. Automotive components manufacturer Minda Corporation has acquired 15.7% stake or 1.91 crore equity shares in Pricol, the automotive technology and precision engineered solutions company, via open market transactions. As per the bulk deals data available on exchanges, there were 10 selling shareholders and they offloaded total 1.43 crore shares or 11.75% stake in Pricol at average price of Rs 209 per share, amounting to around Rs 299.45 crore. CSAW is focused on acquiring and scaling up food brands to promote affordable wellness. The transaction involves distribution support by HUL to provide transitionary support for a period of 24 months.