Page 4 - Edelweiss

Edelweiss' Q4 net dips 3% to Rs 232 cr, company to float $1-bn debt fund

Existing equity enough to support growth for 3-4 years, says company

Canadian fund plans to invest about Rs 1,800 crore in Edelweiss arm

CDPQ will now help with long-term strategy to build a strong credit portfolio

Edelweiss Financial Services ties up $1.3 billion to buy India debt assets

It will use funds, which makes it the largest India dedicated alternative-investment unit, to buy and turn around stressed assets with "viable business models and potential of generating cash flows"

In a rare move, top bad-debt buyer Edelweiss eyes loans that have gone sour

Banks have been channeling increasing amounts of credit to retail consumers after defaults among corporate borrowers eroded their profitability

We're working on cutting down on paperwork: Anup Rau of Edelweiss GI

The CEO Edelweiss General Insurance dwells on his company's strategies as a new player in the highly competitive health insurance market

Edelweiss looks to define its identity around the spirit of games

The company decided to follow through on its association with sports as part of its corporate social responsibility initiatives

Stressed funds attractive idea for yield-seeking investors: Nitin Jain

'We do not see this as a one-time tactical opportunity but think of this as a structural opportunity,' he said of the ARC business

Edelweiss Financial Services Q3 net jumps 52% at Rs 2.36 billion

Total revenue from operations rose to Rs 20.85 billion during Q3 FY18, up by three per cent as against Rs 20.17 billion in Q3 FY18

Edelweiss to invest Rs 700-800 crore in retail finance business

Edelweiss expects to have a lending business of Rs 4,000-5,000 crore each year in the retail segment

Favourable winds from the East signal more gains for steel players

Steel demand has continued to grow by over four per cent till August this fiscal year, but the full benefits to manufacturers will accrue now. For one, the June quarter saw impact of GST-led destocking while correction in international steel prices also weighed on domestic prices. Lower Chinese steel prices also meant higher imports into India. Edelweiss' channel checks had suggested that while demand surged 4.5 per cent year-on-year in August there was 62 per cent surge in imports to 955,000 tonne on account of material booked during April-May'17 when China's export price dropped to $425-430 per tonne. However, Chinese export prices are up 36 per cent at more than $580 a tonne now. Rising prices and expected steel capacity cuts in China will benefit domestic players further. Deutsche Bank's analysts say that the supply side reforms should reduce China's total blast furnace capacity by 115 million tonnes (MT) by 2018. Moreover, healthy domestic demand should ensure improved capacity ..

Edelweiss to acquire Ambit Alpha Fund for undisclosed sum

This is the second acquisition of Edelweiss Group in 2016 after acquisition of JP Morgan's mutual fund business in India

Mid-cap rally is getting stretched now: Anil Sarin

Interview with CIO, equity, global asset management, Edelweiss

Edelweiss Financial Services to enter general insurance

Edelweiss General Insurance will be EFS' wholly-owned subsidiary

Edelweiss to double retail loan book to Rs 10,000 cr by Mar'18

Aims to increase share of retail resources to 20%

Edelweiss announces buy of JPMorgan India MF biz

Combined assets under management will be Rs 8,757 cr