[ad_1] Delhi NCR-based electric two-wheeler rental startup Zypp is learnt to be in talks to more than double its Series C round to $50 million. Sources tell CNBC-TV18 that Zypp Electric has already secured $10 million from Nuvama Wealth & Investment and $10 million from a US-based VC. It has since approached other domestic investors […]
Nuvama Wealth acquires ₹100 crore stake in Oyo’s parent company Oravel Stays – CNBC TV18
[ad_1] Nuvama Wealth & Investment Limited, formerly known as Edelweiss Securities, has purchased shares worth ₹100 crore in Oravel Stays Limited, the parent company of OYO, at a price of ₹53 per share through a secondary market deal. Sources told CNBC-TV18 that the transaction values OYO at $4.6 billion. The company is reportedly seeking to […]
Sensex Today | Stock Market LIVE Updates: Nifty, Sensex set for a muted start; CPI data in focus
[ad_1] Sensex Today | Stock Market LIVE Updates: Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the green. Nifty 50 closed at 24,641.80, while Sensex ended at 81,526.14. Sensex Today | Stock Market LIVE Updates: Nifty 50 ended the previous trade session 1,635.55 points away from its record high of […]
Nuvama Wealth, Vedanta, Grasim Industries, Sammaan Capital and more: Top stocks to watch out for on December 12 – CNBC TV18
[ad_1] 1 / 12 Nuvama Wealth | Edel Finance Company and Ecap Equities are likely to divest a 7.1% stake in a financial services company through block deals, sources privy to the developments told CNBC-TV18. The stake sale is valued at approximately ₹1,734 crore and is being executed as a clean-out trade, the sources told […]
Edelweiss’ Rashesh Shah says it will unlock value in housing finance business in a year – CNBC TV18
[ad_1] Recognising the immense potential in the housing finance sector, particularly in affordable housing, Edelweiss prefers partnering with banks in the housing finance business. Rashesh Shah, Chairman of Edelweiss Group, emphasises the importance of distinguishing between housing finance companies (HFCs) that compete with banks and those that collaborate with them, stating that Edelweiss would choose […]