Zomato chief financial officer Akshant Goyal said at the virtual IPO briefing on Thursday that the post-money valuation of the company will...

Pankaj Razdan, a financial services industry veteran, is likely to join Edelweiss Wealth Management as its vice chairman and managing direc...

“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...

The company could complete the listing in Mumbai before the end of September, the people said, asking not to be identified as the informati...

Zomato has benefited from a revival in the online food ordering sector after a few tough months last year due to the nationwide lockdown, i...

Upon closing of the fund raise, Info Edge's shareholding in Zomato shall stand reduced to about 20.8% on fully converted and diluted basis,...

Businesses to be carved out, demerged and listed separately over next 12-18 months.

Bank of Singapore and several global PE funds are in race to acquire a stake in EGIA

The proposed investment in the business is subject to regulatory approvals.

NBFCs are facing tight liquidity conditions and are raising funds by selling stake in subsidiaries.

The 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.

Profits fell to Rs 134 crore from Rs 264 crore in the corresponding quarter a year ago.

Shares of Edelweiss Financial Services were trading 1.21 per cent lower at Rs 159.60 apiece on BSE.

Edelweiss advises assets of over Rs 1 lakh crore and has a client base of over 4.8 lakh.

Edelweiss Financial Services, the main holding company, does credit, franchise and advisory and insurance.

Asian Development Bank-backed microfinance lender Satin Creditcare Network is in the process of raising Rs 205 crore from private sector In...

Wealth management concept is catching up fast in India with rising income levels, substantial share of household savings, growing number of...