Edelweiss
Recent Highlights
All Stories for Edelweiss
US-based insurance broker Arthur J Gallagher to acquire minority stake in Edelweiss subsidiary
•Edelweiss, however, did not provide details about the quantum of stake sale and price.
Anil Ambani-led Reliance Group reaches standstill pact with lenders, no sale of pledged shares till September
•Reliance Group will pay the principal and interest amounts to the lenders as per the scheduled due dates
Bharti Enterprises sells Future Retail's 57 lakh shares worth around Rs 300 crore
•Edelweiss group firm Ecap Equities Ltd bought 16.5 lakh shares worth over Rs 87 crore while Edelweiss special opportunities fund purchased 40.43 lakh shares valuing Rs 212 crore.
Rs 2.44 lakh crore NPAs sold to asset reconstruction firms: Study
Ians •The study stressed that incentive structure has to be introduced for banks where 100 per cent debt is sold to ARCs.
Bharti Airtel-Telenor deal: M&As will cut costs in sector but fierce fight will continue
Sindhu •Pricing power will continue to elude telcos even after the market has finished this round of consolidation, as cheaper data and free voice by RJio has set the benchmark for further cuts
Urjit Patel's reduced communication could send interest rates higher, stem economic growth
•Patel, a deputy governor since 2013, had been known within the RBI as reserved. He is widely regarded as having the professional and academic credentials to succeed, but the governor's role also involves communicating, some bankers say.
Motoziel and Edelweiss form joint venture to offer bike tours
Overdrive •With multiple exotic bikes on offer, the tours range from a few hours to 14 days
Selling hot: Coffee Day Enterprises Rs 1,150 cr IPO over-subscribed on close
Fp Archives •Siddhartha, the main promoter as well as chairman and MD, holds 54.78 percent stake in Coffee Day.
Expect poor Q3 earnings: Plummeting commodity prices may hit India Inc's profits
Moneycontrol123 •In what could act as a further flashpoint for equities that appear to have run into nervousness of late, most analysts have muted expectations from the set of third-quarter earnings India Inc will start reporting from tomorrow.
FTIL inks pact with Rakesh Jhunjhunwala, Edelweiss to exit MCX-SX
Arun •FTIL sold its entire five per cent stake in MCX-SX stock exchange for Rs 88.41 crore.