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Edelweiss Financial Services

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Jhunjhunwala picks up 1 cr shares of Edelweiss Financial

Ace investor Rakesh Jhunjhunwala on Thursday picked up one crore shares of Edelweiss Financial Services for an estimated Rs 55 crore through the open market route. Jhunjhunwala purchased the shares......

Nitin Desai started delaying loan repayment from 2018 end: Edelweiss to HC

Senior Edelweiss officials, accused of abetting the suicide of renowned art director Nitin Desai on Friday submitted to the Bombay high court that he had started delaying on his loan repayment......

Police find Nitin Desai's voice notes critical of creditor firm

In one of the voice notes found after his alleged suicide, Bollywood art director Nitin Chandrakant Desai criticised a financial services firm to which his company owed money, the police said on......

Investors Bet On High-Risk Equity Funds

Since November 2022, sectoral, midcap, and smallcap funds have collectively added nearly 39 million folios, which is 65% of the total additions to equity funds over the past two years.......

Metropolitan Stock Exchange to raise Rs 120 cr in fresh attempt at revival

Metropolitan Stock Exchange of India (MSE) plans to raise Rs 120 crore from investors in an attempt to stay afloat. The beleaguered exchange’s board has approved issuance of 1.19 billion......

MS outage: Airlines go manual, cash withdrawals hit, brokerages affected

Airports across the country witnessed chaotic scenes on Friday after dozens of flights were either delayed or cancelled after a widespread global computer outage that also hit operations like cash......

Jhunjhunwala picks up 1 cr shares of Edelweiss Financial

Ace investor Rakesh Jhunjhunwala on Thursday picked up one crore shares of Edelweiss Financial Services for an estimated Rs 55 crore through the open market route. Jhunjhunwala purchased the shares......

Why M&A deals in India are down 80% so far in 2023

Mergers and acquisitions (M&As) by Indian companies have declined sharply by 80 per cent so far this year, in contrast with the same period last year, as bankers predict lower deal volumes due to......

Loan Default: Nitin Desai Lost Control Of Studio

Photograph: Kind courtesy Nitin Chandrakant Desai/Instagram Noted art director Nitin Chandrakant Desai, who was found dead on Wednesday at his studio in Maharashtra's Raigad district, had......

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