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Edelweiss Financial Services

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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......

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......

'Scale Of Wealth Destruction Is Sudden And Sweeping'

618 companies were part of the billion dollar club when the markets reached all-time highs on September 26, 2024.That number has fallen to 500 following a $1 trillion wipeout in India's market......

Whistleblower accuses Edelweiss ARC of fund diversion, other irregularities

Whistleblower, Paras Kuhad, alleged that Edelweiss Group and Caisse de depot et placement du Québec, a Canadian institutional investor, which hold stakes in the ARC, diverted funds and did......

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......

Edelweiss, Tokio Marine ink life insurance pact

Financial services firm Edelweiss Capital on Monday inked a joint venture agreement with Japanese insurer Tokio Marine Holdings to enter into the Indian life insurance space. The JV, Edelweiss......

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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