Edelweiss Financial Services chairman Rashesh Shah stated that the firm has no relationship with Capstone Forex Capstone Forex is being investigated by the ED for foreign exchange rules violation
1 min read14 Jan 2020Edelweiss is a home-grown professional financial services group built over 25 years by more than 11,000 employees and 2 million customersThe ED had recently summoned Rashesh Shah in connection with the company's dealings with Capstone Forex Pvt Ltd
1 min read12 Jan 2020Edelweiss shares fell 9.98% on the news of the ED action pertaining to the firm’s alleged dealings with Capstone'We would like to state that none of our companies have any transactions with Capstone,' said Edelweiss in its statement
1 min read10 Jan 2020In an interview with Livemint, Rashesh Shah, Chairman & CEO, Edelweiss Group talks about the testing times which the NBFC industry went through, almost comparing it to an agnipariksha, and the lessons it has taught the industry the hard way. Shah also goes on to throw light on where we are headed on the macro front and how he is building out the Edelweiss franchise going forward
30 Jan 2019Ficci termed the slowing down of the industrial output in May to 3.2% and the inching up of the retail inflation in June to 5% as short-term challenges
1 min read19 Jul 2018Deepak Mittal, who was previously heading Edelweiss Tokio Life, will now be co-heading the credit business of the group; Sumit Rai elevated as CEO of the life insurance business
2 min read27 Jun 2018Edelweiss Group CEO Rashesh Shah says running is a great way to connect with people which is why he prefers running in groups
3 min read2 Jul 2017Rashesh Shah, chairman, Edelweiss Financial Services, says the macro factors are going to remain robust and will further drive the Indian market
3 min read8 May 2017Edelweiss Group CEO Rashesh Shah on Edelweiss ARC's plans in the distressed assets sector and key drivers of growth for the company
3 min read20 Apr 2017Edelweiss chairman and CEO Rashesh Shah on the partnership with Canadian pension fund CDPQ and their game plan for the stressed assets sector
2 min read4 Oct 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared