Breaking News

You are here » Indian-Commodity  :  Top News  :  CRISIL assigns 'A1+' rating to proposed short term debt issue of Edelweiss Financial

14-Nov2017

CRISIL assigns 'A1+' rating to proposed short term debt issue of Edelweiss Financial

Credit rating agency, CRISIL has assigned the rating of 'A1+' to the proposed short term debt issue aggregating to Rs 4,500 crore of Edelweiss Financial Services. Another credit rating agency, ICRA too has assigned the rating of 'A1+' to the proposed CP Programme of Rs 4,500 crore of the company.

Edelweiss Financial Services is primarily engaged in the business of rendering merchant banking services. The company operates in two segments - agency business and holding company activities.


Related News

View all news

Copper futures end higher on Tuesday

Copper futures ended higher on Tuesday after the United States and China announced fresh tariffs that were less harsh than some investors had feared. The US 10% tariff on $200 billion of Chinese imports......

Physical Rubber prices witness weakness on Tuesday

Physical Rubber prices showed weakness on Tuesday on account of buyer resistance in the market. Spot prices for RSS-4 variety fell to Rs 129.50/ kg compared to its previous closing of Rs 130/ kg; while......

Gold futures end lower with firm dollar

Gold futures ended lower on Tuesday, due to firm dollar after the Trump administration levied a 10% tariff on $200 billion in imported goods from China. Market players are on optimism that the impacts......

Top News

View all news

TI Financial Holdings to make investment of up to Rs 50 crore

TI Financial Holdings has received an approval for the further investment in shares of Cholamandalam Investment and Finance Company (CIFCL) up to 300,000 equity shares Rs 10 each, up to a sum not exceeding......

Glenmark Pharma inducts into Dow Jones Sustainability Indices 2018

Glenmark Pharmaceuticals has been listed on the Dow Jones Sustainability Indices 2018. Dow Jones Sustainability Index (DJSI) is one of the most esteemed global benchmarks for sustainable business practices.......

Tata Steel completes acquisition of 51% equity stake in CPDPL

Tata Steel has completed the acquisition of 51% equity stake in Creative Port Development (CPDPL). Earlier, the company had executed definitive agreement for development of Subarnarekha Port &......