Paytm sees an increase in domestic institutional holding from 2% to 14%, leading by mutual funds to increase by 13%

New Delhi [India], The increase in domestic institutional interest was mainly operated by Nippon India Mutual Fund and Motilal Oswal Mutual Fund. Nippon India raised its stake by 0.4 percent to 2.8 percent, while Motilal Oswal Mutual Fund increased by 0.2 percent, reaching a 2.3 percent stake in the company. Tourteen institutional ownership – including … Read more

Edelweiss wants to take all companies public and enter new businesses

Edelweiss wants to take all companies public and enter new businesses

2024-10-22 05:00:05 : Executives at the eponymous financial services group said Edelweiss 3.0 was taking shape, with plans to list seven companies on the stock exchange, eliminate all debt and launch new businesses. Founder and chairman Rashesh Shah said the plan would spin off multiple entities and remove the “spaghetti wires crisscrossing” its subsidiaries, even … Read more