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Analysts at India's Ambit Capital said the merged entity may also have to absorb losses of up to $1.2 billion to $1.8 billion in coming years due to aggressive cricket rights bidding by companies ...
In 2016, Edelweiss Asset Management Company completed the acquisition of fund schemes of JP Morgan Asset Management India. [18] In September 2016, Edelweiss Financial Services Ltd also agreed to acquire Ambit Investment Advisors' longshot hedge fund Ambit Alpha Fund. [19]
Ambit Capital Pvt. Ltd. agreed to pay disgorgement and prejudgment interest totaling $30,910. Edelweiss Financial Services Limited agreed to pay $568,347. JM Financial Institutional Securities ...
Edelweiss Broking limited was publicly incorporated on 7 February 2008 after Edelweiss Group [8] had received final regulatory approval from the Securities and Exchange Board of India (SEBI) to start its mutual fund business by 2008. The stockbroker acquired retail broker Anagram Capital Limited in January 2010. [9]
Reserve Bank of India's headquarters in Mumbai, India's financial capital. India has a three-tier tax structure, wherein the constitution empowers the union government to levy income tax, tax on capital transactions (wealth tax, inheritance tax), sales tax, service tax, customs and excise duties and the state governments to levy sales tax on ...
AMBIT (Adolescent Mentalization-Based Integrative Treatment), a form of therapy; Ubee Interactive (formerly Ambit Broadband), a producer of cable modem, ADSL, and IPTV products; Ambit claim, an extravagant initial demand made in expectation of an eventual counter-offer and compromise; Ambit Energy, a U.S. electricity and natural gas provider
On April 27, 2020, The IFSCA was established as a statutory body under the International Financial Services Centres Authority Act, 2019. [8] On April 27, 2020, inauguration of the IFSCA by the Finance Minister of India, Nirmala Sitharaman.
The company offers loans for home, construction, composite, improvement and extension in India. [11] In February 2024, Motilal Oswal Financial Services faced a cyberattack by the ransomware group LockBit, which claimed to have accessed confidential data. This breach could affect the information of over six million clients and put at risk data ...