Bonjour, new guests from small-town India
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Rashesh Shah, founder Chairman and Chief Executive Officer, Edelweiss Group
The share price of Edelweiss Financial Services rose by 5 per cent in a falling market on Wednesday. This comes after the company’s promoter Rashesh Shah and Venkatchalam Ramaswamy picked up three lakh shares valued at over Rs 1.15 crore and one lakh shares valued at over Rs 38.47 respectively in the open market. Total promoter holding in the company is 32.93 per cent of which promoter group led by Shah hold 23 per cent.
After the acquisition the shareholding of Shah has marginally risen to 15.58 per cent from 15.55 per cent earlier, the shareholding filed by the company with the Bombay Stock Exchange (BSE) showed. The holding of Ramaswamy rose to 6.22 per cent from 6.21 per cent earlier. Sources close to the company said the Edelweiss will be looking at unlocking value in its other business.
Edelweiss share price had touched a low of Rs 29.90 on March 26. On Wednesday the share was trading at Rs 40.05 on BSE. The share price of the company which is involved in non-banking financial services and brokerage and advisory has seen a sharp fall from its 52-week high in line with crash in other financial services company firms. The current market-cap of Edelweiss stood at Rs 3,742 crore.
Puneet Dhawan of Accor is brimming with ideas on ways to revive the hospitality sector
Citroen’s first vehicle sports a novel design and European interiors. It is also meant to be as comfortable as ...
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national ...
The government is yet to specify the framework of its recently announced old vehicle scrappage policy
Here is a checklist that equips you to discern the market nuances
Sensex, Nifty 50 have witnessed sharp decline
The fund has consistently outperformed S&P BSE 100 TRI over one, three and five years
Returns are superior to immediate annuity plans, but SCSS can secure better rates for new investors sooner if ...
With the public looking beyond mainstream media for reports from the ground, independent digital platforms are ...
A book on Badri Narayan is a tribute — albeit a belated one — to an artist who did not enjoy the recognition ...
The country hasn’t had a quiet moment since the military seized power on February 1
The Tatmadaw sees itself as an embodiment of the nationalist soul of Myanmar. But their brand of nationalism ...
Its name is the starting point of a brand’s journey and can make a big difference in the success sweepstakes
Sober spirits are the in thing
A peek into where ad spends went last year and where they are headed tomorrow
Can Swiggy Instamart disrupt the ecommerce groceries space, currently ruled by the Amazons and Big Baskets? ...
Three years after its inception, compliance with GST procedures remains a headache for exporters, job workers ...
Corporate social responsibility (CSR) initiatives of companies are altering the prospects for wooden toys of ...
Aequs Aerospace to create space for large-scale manufacture of toys at Koppal
And it has every reason to smile. Covid-19 has triggered a consumer shift towards branded products as ...
Please Email the Editor