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KORA MANAGEMENT
A GPS-tracked wolf jumped into a Swiss lake, and what happened next stunned expertsA lone wolf, M637, stunned Swiss researchers by swimming across the frigid Lake Lucerne, a journey of about 1.5 kilometers. This remarkable...- Apparel Group forays into real estate with Dubai residential project launch, commercial space nextThe Apparel Group has entered the real estate sector with the launch of Kora Properties and announced its first project, a 40-storey waterf...
- Warburg Pincus to evaluate buying majority stake in Nuvama Wealth: ReportWarburg Pincus may acquire a majority stake in Nuvama Wealth Management as PAG looks to sell its 54% holding, valued at $1.6 billion. JPMor...
- Zomato’s Rs 9,375 cr IPO on July 14, Sees Rs 64,000-cr post-money valuationZomato chief financial officer Akshant Goyal said at the virtual IPO briefing on Thursday that the post-money valuation of the company will...
- Pankaj Razdan likely to join Edelweiss Wealth Management as VC and MDPankaj Razdan, a financial services industry veteran, is likely to join Edelweiss Wealth Management as its vice chairman and managing direc...
- Pankaj Razdan likely to join Edelweiss Wealth Management as VC and MD“Pankaj Razdan will work closely with Nitin Jain who will continue to drive the operations,” said one of the people. Jain is the chief exec...
- Jack Ma-backed Zomato planning to file $650 mn IPO next monthThe company could complete the listing in Mumbai before the end of September, the people said, asking not to be identified as the informati...
- Zomato closes $250 million funding round at $5.4 billion valuationZomato has benefited from a revival in the online food ordering sector after a few tough months last year due to the nationwide lockdown, i...
- Zomato raises $195 million in funding from 6 investors, valuation touches $3.6bnUpon closing of the fund raise, Info Edge's shareholding in Zomato shall stand reduced to about 20.8% on fully converted and diluted basis,...
- PAG to acquire 51% in wealth management, investment banking biz of Edelweiss for Rs 2,244 crBusinesses to be carved out, demerged and listed separately over next 12-18 months.
- Bank of Singapore, global PEs vie for stake in Edelweiss armBank of Singapore and several global PE funds are in race to acquire a stake in EGIA
- Edelweiss unit raises Rs 525 crore from Sanaka Capital, othersThe proposed investment in the business is subject to regulatory approvals.
- Gallagher buys small stake in Edelweiss armNBFCs are facing tight liquidity conditions and are raising funds by selling stake in subsidiaries.
- Edelweiss Financial tumbles 7% on rating downgradeThe company's stock fell to its 52-week low level of Rs 76.30 on the BSE. Later, it closed 7.05 per cent lower at Rs 78.50.
- Edelweiss Q1 net slumps 50% on tight liquidityProfits fell to Rs 134 crore from Rs 264 crore in the corresponding quarter a year ago.
- Edelweiss in talks with strategic investors to off-load stake in wealth bizShares of Edelweiss Financial Services were trading 1.21 per cent lower at Rs 159.60 apiece on BSE.
- Edelweiss shares crack 12% on stake sale buzzEdelweiss advises assets of over Rs 1 lakh crore and has a client base of over 4.8 lakh.
- Edelweiss to sell 20% of wealth businessEdelweiss Financial Services, the main holding company, does credit, franchise and advisory and insurance.
- IndusInd Bank, shareholders to invest Rs 205 crore in Satin Creditcare networkAsian Development Bank-backed microfinance lender Satin Creditcare Network is in the process of raising Rs 205 crore from private sector In...
- Wealth management concept catching up fast in IndiaWealth management concept is catching up fast in India with rising income levels, substantial share of household savings, growing number of...
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