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Year 2011-12 @Edelweiss
1 The ancient Japanese art form of Origami cras paper into a million possibilies. Used as a liet-mof throughout Edelweiss House, the art form represents intelligent, smart soluons offered by the organisaon. Inside the House Performance Highlights 02 Leer from the Chairman 18 Management’s Discussion & Analysis Report 34 Welcome to Edelweiss House 04 EdelGive Foundaon 22 Corporate Governance Report 52 A Foundaon of Values 06 Board of Directors 24 Consolidated Financial Statements 61 Business Pillars 08 Company Details 25 Standalone Financial Statements 115 The Walls of Enterprise 14 A Strategy that forms the Roof 16 Directors’ Report 26 2 Edelweiss Annual Report 2011-12 FINANCIALS Performance Highlights Consolidated Financial Performance of Edelweiss Financial Services Limited and its subsidiaries (in ` million except per share data) Year Ended March 31, 2012 2011@ 2010 2009 2008 2007 2006 2005 2004 2003 2002 Total Income 16,707 14,290 9,778 9,005 10,888 3,718 1,533 727 281 104 75 Total Expenditure 14,720 10,790 6,450 5,715 6,421 1,971 898 383 175 95 71 Profit Before Tax 1,987 3,500 3,328 3,290 4,467 1,747 636 345 106 9 4 Tax Expenses 681 1,031 879 1,199 1,540 646 218 107 28 4 2 Net Profit (aer minority) 1,277 2,330 2,292 1,864 2,732 1,099 417 237 78 5 2 Paid up Equity Capital 757 752 375 375 375 45 38 29 28 27 27 Networth* 28,748 25,554 24,706 23,303 23,274 7,222 1,787 539 302 226 222 BVPS (FV ` 1) (`)# 34.79 30.56 30.04 28.21 24.65 9.36 3.93 1.58 0.92 0.69 0.69 Diluted EPS (FV ` 1) (`)# 1.66 3.00 2.94 2.43 4.00 2.08 0.93 0.64 0.24 0.02 0.01 -
Edelweiss Announces Rs.20,000 Million Public Issue of Secured Redeemable Non-Convertible Debentures (Ncds) ISSUE OPENS on 24 July & CLOSES on 16 Aug, 2018
Edelweiss announces Rs.20,000 million Public Issue of Secured Redeemable Non-Convertible Debentures (NCDs) ISSUE OPENS ON 24 July & CLOSES ON 16 Aug, 2018 Mumbai, July 19, 2018: ECL Finance Ltd (ECLF), the NBFC arm of Edelweiss Financial Services Limited, today announced the public issue of Secured Redeemable Non-Convertible Debentures (NCDs) of the face value of Rs. 1,000 each, aggregating to Rs. 5,000 million, with an option to retain over-subscription up to Rs. 15,000 million aggregating to a total of Rs. 20,000 million (Rs. 2000 crores). The NCDs offer an interest rate of 9.45% p.a. for 36 months tenure, 9.65% p.a. for 60 months tenure and 9.85% for 10 years tenure. Further, there is also a floating rate option which is linked to the overnight Mumbai Inter-Bank Offer Rate (MIBOR). Under this option, investors can earn the average annualized overnight MIBOR + 2.5% p.a. for 3 years. (Please refer to the Offer Documents for more details). CRISIL has rated the offering “CRISIL AA/Stable” and ICRA has given it a “ICRA AA (Stable)” indicating that the instruments are considered to have a high degree of safety for timely servicing of financial obligations and carry very low credit risk. Total income and profit after tax (PAT) of ECL Finance Ltd. for the financial year ended March 31, 2018 was Rs. 30,600.27 million and Rs. 4,620.47 million, respectively. Over four years the Company’s income from operations witnessed a CAGR of 39.32 % to Rs. -
“Strength of India's Ec Entrepreneurship” “Strength of India's Economy Will Be Entrepreneurship”- Arun Jaitley
“Strength of India’s economy will be Entrepreneurship” - Arun Jaitley National Entrepreneurship Awards 2017 winners announced on the occasion of the 3 rd Anniversary of Ministry of Skill Development and EnEnttrepreneurshiprepreneurship • Winners received cash award of INR 5 lakh (enterprises and individuals) and INR 10 lakh (organizations/institutes) • Felicitation of ‘Champions of Change ’;acknowledging contributions of DGT’s and NSDC ’s training providers in skill development • Release of National Quality Assurance Framework ( NQAF) Manuals by NSDA • Release of ‘Swalamban Ki Ore’, a compilation of entrepreneurial success stories from NIESBUD & IIE New Delhi, 9 th November 2017: Embarking on an ambitious mission to empower Indian youth with skill training and employability, the Ministry of Skill Development & Entrepreneurship (MSDE) today hosted the National Entrepreneurship Awards 2017 ,marking the completion of thr ee glorious years of its inception today. The awards were conferred in the august presence of Shri Arun Jaitley, Hon’ble Minister of Finance and Minister of Corporate Affairs, Shri Dharmendra Pradhan, Hon’ble Minister of Petroleum and Natural Gas and Minis ter of Skill Development &Entrepreneurship, His Excellency Shri Kenji Hiramatsu, Ambassador of Japan to India, Dr K.P Krishnan, Secretary, MSDE; Jyotsna Sitling, Joint Secretary, MSDE, Sunita Chhibba, Senior Adviser and Ms Chanda Kochhar, Managing Director& CEO, ICICI Bank Ltd. The National Entrepreneurship Awards (NEA) was instituted by MSDE in 2016 to encourage a culture of entrepreneurship across the country. This year the second edition of awards were conducted which saw participation from 2880 applica nts out of which 45 were shortlisted; and finally 15 winners across defined categories, were announced and awarded. -
Indias-Top-100-Women-In-Finance
PremierPremier MembershipMembership NetworkNetwork forfor FinancialFinancial ServicesServices ProfessionalsProfessionals Exqualifi is a premier membership network set up by Association of International Wealth Management of India (AIWMI) for financial services leaders, professionals and aspirants. Exqualifi has been designed as a continuing education platform meant to offer its members opportunities to earn professional designations; to participate in multidisciplinary knowledge initiatives, enable networking at conferences; and offer one single platform for interaction, cross-pollination of ideas and collaboration. Exqualifi provides the opportunity for practitioners and related professionals to connect and advance their focused area of practice. They aim to benefit the practitioner, their area of specialization, the clients they serve, and the industry at large. An exclusive, by-invite membership An exciting membership for Thought Leaders, Entrepreneurs for full time/ part time and Prominent CXOs working in the students of undergraduate Financial Services Sector. and post-graduate courses under 25 years of age. Charter Professional Student Membership Membership Membership A prolific membership for career-oriented professionals working in the financial services and allied sectors. AIWMI, Level 9, Platina, Block G, Plot C-59, Bandra-Kurla Complex, Mumbai - 400051 +91 86574 87782 | memberships@exqualifi.com |www.exqualifi.com Welcome We are extremely excited to present to you the second edition of our Power List- India’s Top 100 Women in Finance- 2020. The world of finance used to be seen as an industry only for men for the longest time. However, that has changed in the last few years. Today, there are a number of successful women professionals in the country who are playing key roles in shaping India's financial sector and inspiring others to follow them. -
Edelweiss Code for Trading in Other Than Edelweiss Financial Services Limited Securities
EDELWEISS CODE FOR TRADING IN OTHER THAN EDELWEISS FINANCIAL SERVICES LIMITED SECURITIES Edelweiss Code for Trading in other than Edelweiss Financial Services Limited Securities I. Purpose of the Code The SEBI (Prohibition of Insider Trading) Regulations, 2015 (hereinafter referred to as “Insider Trading Regulations”) mandate all market intermediaries to formulate an internal Code to regulate, monitor and report, trading by employees and other connected persons towards achieving compliance with the Regulations. The Edelweiss Group is engaged in a variety of market intermediary activities including Merchant Banking, Stock Broking, Portfolio Management, Research and Investment Advisory Services. Accordingly, this Code is being formulated in accordance with Regulation 9(1) of the Regulations, clarifications and subsequent informal guidance letters issued by SEBI from time to time. The activities of Edelweiss Group are regulated by the Securities & Exchange Board of India, Reserve Bank of India, Stock Exchanges, Depositories, Clearing Corporation of the Stock Exchanges, IRDA, etc. under the various Rules and Regulations, Bye-laws, Guidelines and Directives of those respective regulatory/ government authorities which are applicable to the businesses transacted by Edelweiss Group. Given the diversity of the business operations and the multiplicity and complexity of the regulations that Edelweiss’ activities are subject to and given the impact of non-compliance, it is important that the employees of Edelweiss Group understand and comply strictly with the various regulatory requirements applicable to their respective business/ function. Pursuant to amendments to the Insider Trading Regulations in December 2018, which are effective from 01 April 2019, the Company has suitably amended the “Code for Trading In Other than Edelweiss Financial Services Limited Securities” hereinafter referred as Non EFSL Code. -
Edelweiss Securities Has Recommended Buy
3/12/2019 Jet Airways share price: Stocks in the news: DHFL, Airtel, Jet Airways, HDFC Life and Godfrey Phillips - The Economic Times SECTIONSHome MarketsET APPS StocksENGLISHIPOs/FPOsE-PAPERMarkets Data Market Moguls Expert View Technicals Commodities Forex PRIVMobileACY Apps SETTING MoreFOLLOW US Dons of Dalal Street News Live Blog Recos EarningsNew Podcast MarketLA TESTPaathshala NEWS WhatAnnouncements does linkingMarket of rates Calendar with benchmarkStock Price mean? Quotes Holiday Calendar News Business News › Markets › Stocks › News › Stocks in the news: DHFL, Airtel, Jet Airways, HDFC Life and Godfrey Phillips Search for News, Stock Quotes & NAV's DID YOU KNOW? SPONSORED ★★★★★ CHOOSE 09:51 AM | 12 MAR LIVE SENSEX NIFTY 50 GOLD (MCX) (Rs/10g.) USD/INR DownloadNAV ET RETURNS Invest Now Unleash the power of SIP - Motilal Oswal Midcap 30 Fund Direct-Growth MARKETS APP LANGUAGE ₹26.27 3Y 11.35% *Regulatory Disclaimers. MARKET STATS Invest37,381 in Mutual327.62 funds 11,260 92.60 Class:31,952.00Equity 56.00 Category:69.64 Mid-0.25 Cap ENG Stocks in the news: DHFL, Airtel, Jet Airways, HDFC Life and Godfrey Phillips Siemens said its arm has picked up 46%stake in Greenko's 200 mw plant. ETMarkets.com | Updated: Mar 12, 2019, 08.41 AM IST 1 Comments NEW DELHI: Nifty futures on the Singapore Exchange were trading 50 points, or 0.45 per cent, higher at 11,262.50, indicating a positive start for the Nifty50. Here are a few stocks which may buzz the most in today’s trade: Jet Airways: Etihad Airways and a new partner will together invest nearly Rs 4,000 crore to revive NHPC will bid for the 120-MW Jal beleaguered Jet Airways while founder-promoter Naresh Power Corporation plant in Sikkim Goyal and his wife will step down from the board and all executive positions. -
Morning Note Market Snapshot September 3, 2020
Morning Note Market Snapshot September 3, 2020 Market Snapshot (Updated at 8AM)* Key Contents Indian Indices Close Net Chng. Chng. (%) Market Outlook/Recommendation Sensex 39086.03 185.23 0.48 Today’s Highlights Nifty 11535.00 64.75 0.56 Global News, Views and Updates Global Indices Close Net Chng. Chng. (%) Links to important News highlight DOW JONES 29100.50 454.84 1.59 Top News for Today NASDAQ COM. 12056.45 116.77 0.98 FTSE 100 5940.95 78.90 1.35 IndusInd Bank: To allot 4.76 crore shares aggregating to Rs 2,495.8 crore on a preferential basis to qualified institutional buyers. Key investors in the issue CAC 40 5031.74 93.64 1.90 include Route One Fund, ICICI Prudential, Tata Investment Corporation and DAX 13243.43 269.18 2.07 AIA. The allotment price of Rs 524 per share is an 18% discount to NIKKEI 225 23493.66 246.56 1.06 Wednesday's closing. SHANGHAI 3412.29 9.94 0.29 Future Retail: Fitch Ratings has placed the company's default rating and rating HANG SENG 25081.88 45.87 0.18 on its $500 million 5.6% senior secured notes due in 2025 with a recovery rating of RR4 on rating watch positive, post sale of its business to Reliance Industries. Currency Close Net Chng. Chng. (%) Edelweiss Financial Services: Ontario Teachers’ Pension Plan Board has USD / INR 73.03 0.16 0.22 signed an agreement with Edelweiss Alternate Asset Advisors - the largest USD / EUR 1.18 0.00 0.17 private debt manager in India for an investment of Rs 2,600 crore . -
Morning Insight
Morning Insight MAY 22, 2019 % Chg News Highlights 21-May 1 Day 1 Mth 3 Mths Indian Indices Large corporates looking to buy back shares may now have to factor SENSEX Index 38,970 (1.0) (0.4) 8.6 in consolidated group debt in their calculations. The Securities and NIFTY Index 11,709 (1.0) (0.4) 8.5 Exchange Board of India (Sebi) is planning to tweak share buyback NSEBANK Index 30,308 (1.5) 0.3 12.0 norms by proposing that it would consider consolidated numbers NIFTY 500 Index 9,579 (1.0) (1.6) 7.6 instead of standalone financial metrics. (ET) CNXMcap Index 17,361 (1.1) (4.0) 5.4 BSESMCAP Index 14,293 (0.6) (4.9) 6.5 The Punjab National Bank (PNB) is likely to take over two to three World Indices smaller state-run banks -- Oriental Bank of Commerce (OBC), Andhra Dow Jones 25,877 0.8 (2.4) (0.6) Bank and Allahabad Bank -- in the next three months, reports Nasdaq 7,786 1.1 (2.9) 3.4 Reuters. (moneycontrol). FTSE 7,329 0.2 (1.8) 2.1 NIKKEI 21,272 (0.1) (3.9) (0.4) Dewan Housing Finance Ltd (DHFL), one of India’s largest housing Hangseng 27,657 (0.5) (7.6) (3.9) finance companies, announced that it has stopped accepting fresh Shanghai 2,906 1.2 (9.9) 3.3 public deposits and renewals of existing deposits with immediate Value traded (Rs cr) 21-May % Chg Day effect. This, in view of the recent revision of the credit rating of its Cash BSE 3,069 (11.7) fixed deposit programme. -
Building High-Impact CSR Programs in India
Building High-Impact CSR Programs in India By Soumitra Pandey, Shashank Rastogi, Hari Haran, Anushka Siddiqui, Jackson Tse, and Bradley Seeman Collaborating to accelerate social impact April 2021 Table of Contents Executive Summary �������������������������������������������������������������������������������������������������������������������������������������������������������������������� 3 Building High-Impact CSR Programs in India ������������������������������������������������������������������������������������������4 1� Focus on fewer impact priorities and align them with corporate strengths ����������������������� 7 2� Prioritize marginalized populations within existing programs ���������������������������������������������������������������� 9 3� Embrace a participatory approach with communities and NGOs ���������������������������������������������������11 4� Partner with other corporate and private philanthropies ������������������������������������������������������������������ 13 5� Harness corporate assets, competencies, and connections ����������������������������������������������������������� 15 6� Hire a professional CSR team, champion CSR from the C-suite, and give CSR strong board governance ����������������������������������������������������������������������������������������������������������� 17 7� Institute measurement, learning, and communication strategies tailored for different stakeholders �����������������������������������������������������������������������������������������������������������������������������������������19 -
Why Chanda Kochhar Quit ICICI - Important Facts for Bank Exams in PDF!
Why Chanda Kochhar Quit ICICI - Important Facts for Bank Exams in PDF! Chanda Kochhar, who joined ICICI as Management Trainee in 1984 and became CEO & MD in 2009 at the same bank, has quit today. ICICI Board of Directors accepted her request for an early retirement with immediate effect. She will be replaced by Sandeep Bakhshi (who will hold the office until 2023). Chanda Kochhar is considered one of the most influential and powerful persons in India. So it is important for you to stay updated with Chanda Kochhar’s achievements, career and other important details for exam like IBPS PO, IBPS Clerk, Railways RRB Group D and other government exams. Why Chanda Kochhar Quit ICICI? For quite some time, an investigating panel under SC Judge Justice Srikrishna was looking into allegations against Chanda Kochhar. The allegations raised on Chanda Kochhar over past few months was over loans given by ICICI Bank to Videocon Group worth Rs. 3250 Cr in 2012. This loan was part of a bigger loan given by a consortium of 20 banks worth Rs.40000 Cr to Videocon Group. Also, Chanda Kochhar was on indefinite leave until completion of the enquiry into her alleged conflict of interest. An additional interesting fact is that MD Mallya, Independent Director and Board Member also resigned citing health reasons. These allegations were majorly related to: 1 | P a g e Conflict of Interest - Firstly, it was alleged by an investor that the loans given to Videocon Group resulted in Conflict of Interest as the former Chairman of Videocon Group Venugopal Dhoot had business relation with Deepak Kochhar, husband of Chanda Kochhar. -
Karvy Daily Bulletin
KARVY DAILY BULLETIN Research Desk - Stock Broking SEPTEMBER 03, 2020 AUTO Ashok Leyland’s management said that it has ambitious plans for a global play in EV segment for both LCV and passenger segment in the short and medium term. It said that it will actively pursue its goal of achieving zero emission mobility. TVS Motors has increased stake in electric motorcycle start up Ultraviolette Automotive Pvt Ltd from 25.76% to 29.48% by making additional investment of Rs. 30 Cr. BANKING Indusind Bank has allotted 4.76 Cr shares at Rs. 524 per share to qualified institutional buyers (QIB) for a consideration of Rs. 2495.79 Cr. Finance Minister Nirmala Sitharaman will hold a meeting with heads of banks and NBFCs to review debt recast scheme to ensure smooth and speedy implementation of the one-time debt recast plan announced by the RBI on August 6. CONSUMPTION Arvind Fashions seller of brands like Calvin Klein, GAP and Tommy Hilfiger reported a consolidated net loss of Rs. 213 Cr for Q1FY21 as stores across the country remained shut due to lockdown. INFRA IL&FS: The Mumbai bench of the National Company Law Tribunal (NCLT) has approved the sale of the bankrupt company's education assets to its minority partner Lexington Equity Holdings Ltd (LEHL) on a slump sale basis. Neutral. Engineers India has received a contract from Gail India for setting up PDH/PP plant and pipeline at Usar, Maharashtra for Rs. 448 Cr. METAL Vedanta: An affiliate of the company and US-based Eight Capital are among a group of 11 bidders who have submitted binding offers for Videocon Industries which is undergoing insolvency proceedings, a report in The Economic Times said. -
Nominations for Padma Awards 2011
c Nominations fof'P AWARDs 2011 ADMA ~ . - - , ' ",::i Sl. Name';' Field State No ShriIshwarappa,GurapJla Angadi Art Karnataka " Art-'Cinema-Costume Smt. Bhanu Rajopadhye Atharya Maharashtra 2. Designing " Art - Hindustani 3. Dr; (Smt.).Prabha Atre Maharashtra , " Classical Vocal Music 4. Shri Bhikari.Charan Bal Art - Vocal Music 0, nssa·' 5. Shri SamikBandyopadhyay Art - Theatre West Bengal " 6: Ms. Uttara Baokar ',' Art - Theatre , Maharashtra , 7. Smt. UshaBarle Art Chhattisgarh 8. Smt. Dipali Barthakur Art " Assam Shri Jahnu Barua Art - Cinema Assam 9. , ' , 10. Shri Neel PawanBaruah Art Assam Art- Cinema Ii. Ms. Mubarak Begum Rajasthan i", Playback Singing , , , 12. ShriBenoy Krishen Behl Art- Photography Delhi " ,'C 13. Ms. Ritu Beri , Art FashionDesigner Delhi 14. Shri.Madhur Bhandarkar Art - Cinema Maharashtra Art - Classical Dancer IS. Smt. Mangala Bhatt Andhra Pradesh Kathak Art - Classical Dancer 16. ShriRaghav Raj Bhatt Andhra Pradesh Kathak : Art - Indian Folk I 17., Smt. Basanti Bisht Uttarakhand Music Art - Painting and 18. Shri Sobha Brahma Assam Sculpture , Art - Instrumental 19. ShriV.S..K. Chakrapani Delhi, , Music- Violin , PanditDevabrata Chaudhuri alias Debu ' Art - Instrumental 20. , Delhi Chaudhri ,Music - Sitar 21. Ms. Priyanka Chopra Art _Cinema' Maharashtra 22. Ms. Neelam Mansingh Chowdhry Art_ Theatre Chandigarh , ' ,I 23. Shri Jogen Chowdhury Art- Painting \VesfBengal 24.' Smt. Prafulla Dahanukar Art ~ Painting Maharashtra ' . 25. Ms. Yashodhara Dalmia Art - Art History Delhi Art - ChhauDance 26. Shri Makar Dhwaj Darogha Jharkhand Seraikella style 27. Shri Jatin Das Art - Painting Delhi, 28. Shri ManoharDas " Art Chhattisgarh ' 29. , ShriRamesh Deo Art -'Cinema ,Maharashtra Art 'C Hindustani 30. Dr. Ashwini Raja Bhide Deshpande Maharashtra " classical vocalist " , 31. ShriDeva Art - Music Tamil Nadu Art- Manipuri Dance 32.