Search Results for: Edelweiss Securities

Here's what India Inc thinks about the retaliatory tariff on 29 US goods

India will be implementing duties as high as 70 per cent on perishable items like almonds and apples as a response to Washington's denial to exempt Delhi from the taxes on steel and aluminium imports.

Jun 16, 2019

IMA scam: Investors approach Karnataka HC seeking to seize owner's assets

IMA kingpin Mohammed Mansoor Khan had allegedly made several foreign investments flouting the Foreign Exchange Management Act (FEMA), 1999.

Jun 13, 2019

Nirav Modi scam: UK court to deliver verdict today

Nirav Modi was arrested in March by Scotland Yard officers in London and face extradition charges as the "principal beneficiary" behind the Rs 13,000 crore Punjab National Bank fraud case.

Jun 12, 2019

Patanjali: Rapid expansion taking a toll on Baba Ramdev's biz? Sales plunge 10%

Customers were snapping up Patanjali Ayurved's affordable, Indian-made products such as coconut oil and ayurvedic remedies, in a mounting threat to foreign companies that had bet big on India.

Jun 12, 2019

Suppliers' bankruptcy petitions may prove the last nail in Jet Airways coffin

The fate of Jet Airways lenders rescue plan in the balance as several suppliers and operational creditors head to National Company Law Tribunal to initiate proceedings under Insolvency and Bankruptcy Code.

Jun 10, 2019

Risk aversion of mutual funds key reason for NBFC liquidity crunch, defaults

Ballooning IL&FS and DHFL crises drove mutual funds to reduce exposure to NBFCs in a big way since September sapping liquidity from shadow banks.

Jun 10, 2019

A week for stock specific action while market searches for new direction

Indices are back on even keel after exit poll results triggered a choppy ride to hit record highs twice; market may remain rangebound as no new data expected.

Jun 9, 2019

Mark Zukerberg announces Facebook Dating

Facebook may unveil its cryptocurrency on June 18; Bitcoin fans unfazed

Facebook plans to make the cryptocurrency transferrable with zero fees via Facebook products including Messenger and WhatsApp.

Jun 8, 2019

DHFL default is threatening to draw in mutual fund industry as 160 MFs have exposure to DHFL papers

DHFL default threatens to snowball into big crisis engulfing NBFCs, mutual funds

Public confidence in mutual funds take a beating and inflows taper with imminent payouts facing uncertainty; NBFCs face soaring finance costs triggering liquidity crunch.

Jun 7, 2019

Another wave of NBFC meltdown worries grips markets after DHFL rating downgrade

NAVs plummet up to 57% for mutual funds with substantial exposure to DHFL paper that rating agencies downgraded to 'default'; exposure of some funds may have exceeded the Sebi-mandated 10%.

Jun 6, 2019

Expert views on Nirmala Sitharaman's surprise appointment as FM in Modi cabinet 2.0

"This allocation has come as a surprise, but I would say Nirmala has done a fairly good job as defence minister and she has proved that she has got a very good acumen," an expert said.

May 31, 2019

Will proposed reforms in gold trade make buying of the yellow metal difficult?

Law changes will make online transaction mandatory for buying more than 5 grams of gold in the spot market; government plans to revamp the gold monetisation scheme (GMS) to make it more people friendly.

May 26, 2019

IL&FS-led crisis drives RBI to push for stress testing NBFCs liquidity quality

New norms seek to ensure that NBFCs will have contingency funding plans for responding to financial disruption

May 26, 2019

Chanda Kochhar and her husband Deepak Kochhar

Chanda Kochhar Money Trail-VIII: Dragnet closes in on Chanda & Deepak Kochhar

The source of funds filed with the RoC and the details of the 'investor' has been examined and reported upon the inspection of NuPower, when the emergent details about Shanmuga Housing and Properties Pvt Ltd caught the eye of the investigators

May 17, 2019

Chanda Kochhar Money Trail-IV: Ubiquitous Mhatre locked in Kochhar family enterprise

In hot pursuit of the paper trail of family enterprise, two investment companies, Elegant Investrade Pvt Ltd and Daisy Finvest, were used by the Kochhars to further their business interests.

May 14, 2019

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