edelweiss

Mumbai: Beauty brand Renee Cosmetics on Thursday said it has raised Rs 100 crore in funding led by existing investors Evolve India and Edelweiss Group.According to a statement, after the recent fundraising, the company's valuation has reached Rs 1,400 crore, which is 60 per cent more than the...

The company announced this development through a statement to the stock exchanges and did not give any further details about the reasons for the RBI move.The development came after the central bank had directed Edelweiss ARC to refrain from acquiring any stressed assets.Last month, the RBI...

New Delhi [India], Edelweiss Rural & Corporate Services Limited, a subsidiary of Edelweiss Financial Services Limited, received a tax demand notice of Rs. Rs 2.61 crore from the Income Tax Department, the company informed the exchange in its filing.The company said the notice received on May...

New Delhi: Edelweiss Financial Services stock fell over 14 per cent on Thursday after the Reserve Bank imposed commercial restrictions on the loan and asset reconstruction arms of Edelweiss Group due to concerns over Evergreen O loans.Shares of Edelweiss Financial Services were trading at Rs...

New Delhi [India], ECL Finance and Edelweiss Asset Reconstruction Company, on which the RBI imposed some restrictions on Wednesday, claimed there will be no material impact on the companies arising from these orders, the Reserve Bank of India on Wednesday said in its supervisory said after said...

Mumbai: The Reserve Bank on Wednesday imposed business restrictions on the lending and asset reconstruction arms of Edelweiss Group due to concerns over Evergreen O loans.The central bank has asked ECL Finance Ltd (ECL) to stop carrying out any structured transactions in respect of its...

New Delhi, Edelweiss Financial Services on Wednesday said its subsidiary ECA Equities has received an income tax demand notice of Rs 28.78 crore related to the assessment year 2022-23.The company's subsidiary Ecap Equities Limited has received a tax assessment order and demand notice dated...

Mumbai: Edelweiss Alternatives on Thursday said a fund managed by it has acquired Bengaluru's MMTP projects for Rs 1,500 crore.According to a statement, the company has an asset of 1.1 million sq ft gross leasable area in MFAR Manyata Tech Park, Bengaluru and the acquisition has been made by...

New Delhi, Century Real Estate on Monday said it has raised Rs 450 crore from Edelweiss to develop realty projects in Bengaluru.In a statement, the company said it has "successfully closed the funding round with Edelweiss, securing investment capital of Rs 450 crore."Century Real Estate said...

New Delhi [India], Infrastructure Yield Plus Strategy managed by Edelweiss Alternatives has successfully completed the acquisition of 100 per cent stake in Larsen & Toubro (L&T) Infrastructure Development Projects Limited (L&TIDPL), according to a press release, L&T Infrastructure Development...

Mumbai, Edelweiss Alternatives on Thursday announced it has completed a Rs 6,000 crore deal to acquire L&T Infrastructure Development Projects (LTIDPL), which owns various road assets and power transmission lines.The deal to buy LTIPDL, a joint venture in which infrastructure major L&T held 51...

New Delhi, Edelweiss Alternatives-backed infrastructure platform Yield Plu Strategy has completed the acquisition of L&T Infrastructure Development Projects Limited (L&TIDPL).The portfolio includes seven operating roads and one power transmission access in India, it said in a statement...

Both L&T (51 per cent) and CPP Investments (49 per cent) stake has been acquired by Epic Concessions Pvt Ltd, the investee company of Edelweiss Infrastructure Yield Plus Strategy, which is managed by Edelweiss Alternative Asset Advisors Ltd (EAAA).The company said the deal is in line with...

New Delhi: Edelweiss Financial Services said its Rs 200 crore public issue or debentures opened on Monday.The effective annual yield of non-convertible debentures (NCDs) will be 10.46 per cent. This issue will close on 23 April.The NCDs have fixed coupons and tenures of 24 months, 36 months...