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Sensex, Nifty slump for second week as Yes Bank woes drag financial stocks down

Markets

06 March, 2020

Sensex, Nifty slump for second week as Yes Bank woes drag financial stocks down

Indian stocks slumped on Friday with banks and non-bank companies dropping after the Reserve Bank of India’s decision to impose ......

Edelweiss fund to acquire 74% stake in Engie's India solar assets

Infrastructure

23 January, 2020

Edelweiss fund to acquire 74% stake in Engie's India solar assets

An infrastructure fund managed by financial services conglomerate Edelweiss Group has agreed to acquire a 74% stake in French gas ......

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Arcil hires Edelweiss exec as chief investment officer

Finance

06 November, 2019

Arcil hires Edelweiss exec as chief investment officer

Asset Reconstruction Company (India) Ltd, or Arcil, has hired a senior executive from Edelweiss Group to oversee stressed-asset purchases. Arcil, which ......

Advent may buy into Aditya Birla Capital; I Squared, NIIF eye IL&FS road assets

General

04 September, 2019

Advent may buy into Aditya Birla Capital; I Squared, NIIF eye IL&FS road assets

US-based private equity firm Advent International is in advanced talks to invest up to Rs 1,300 crore ($180 million) in ......

Edelweiss gets $125 mn from Kora Management, seeks more funding for advisory biz

Finance

14 August, 2019

Edelweiss gets $125 mn from Kora Management, seeks more funding for advisory biz

Financial services conglomerate Edelweiss Group said on Wednesday it is raising $125 million (Rs 875 crore) from US-based investment firm ......

Grapevine: Edelweiss may sell 20% of wealth unit; True North-backed Home First plans IPO

General

17 July, 2019

Grapevine: Edelweiss may sell 20% of wealth unit; True North-backed Home First plans IPO

Financial services group Edelweiss is in talks to sell a 20% stake in its wealth management unit to US-based investment ......

Edelweiss to sell minority stake in insurance brokerage arm to US company

Finance

21 May, 2019

Edelweiss to sell minority stake in insurance brokerage arm to US company

Edelweiss Financial Services Ltd will sell a minority stake in wholly owned subsidiary Edelweiss Insurance Brokers Ltd to the US-based ......

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ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans

Finance

22 April, 2019

ARC Scan: How Edelweiss bloomed into India's top buyer of bad loans

Siby Antony, a four-decade veteran in the financial services industry, personally visits the main projects or factories of a company ......

Carlyle-backed Metropolis' IPO subscribed almost six times on final day

Healthcare

05 April, 2019

Carlyle-backed Metropolis' IPO subscribed almost six times on final day

Pathology chain owner Metropolis Healthcare Ltd’s initial public offering (IPO) was subscribed almost six times on the third and final ......

Carlyle-backed Metropolis Healthcare's IPO nears halfway mark on second day

Healthcare

04 April, 2019

Carlyle-backed Metropolis Healthcare's IPO nears halfway mark on second day

Pathology chain owner Metropolis Healthcare Ltd’s initial public offering (IPO) nearly reached the halfway mark on its second day on ......