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Edelweiss News

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MD and CEO of Edelweiss Mutual Fund Radhika Gupta shares how she managed being a mon and CEO at the same time. She puts her toddler on a mat along with toys next to her office desk. Netizens use the opportunity to reflect the privilege of being at higher authority post.
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 Financial services firm Edelweiss today said one of its group firms will acquire Ambit Alpha Fund for an disclosed sum.
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Edelweiss Alternative Asset Advisors has announced the first closing of Singapore-based EW Special Opportunities Fund II (ESOF-II) at USD 205 million, a statement said.
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Edelweiss Mutual Fund Wednesday said its assets under management crossed Rs 1,000 crore as of April 16, a rise of Rs 193 crore from year-ago period, driven by the rally in the equities market where the fund has 93 percent of its exposure.
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The six merchant banks have been asked to pay a fine of Rs 1 crore -- the maximum penalty applicable for violation of disclosure related norms in IPO documents -- within 45 days.
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The merchant bankers fined by Sebi are Kotak Mahindra Capital, DSP Merrill Lynch, Edelweiss, ICICI Sec, IDBI Capital Market and SBI Cap.
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As many as 12 merchant bankers have bid for managing the stake sale of REC.
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Yadav joins Edelweiss from Orbit Corporation, where he was joint-CEO.






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