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Edelweiss Financial Services Ltd raises Rs 415 cr via NCDs

Edelweiss Financial Services Ltd raises Rs 415 cr via NCDs

Edelweiss Financial Services Ltd (EFSL) on Wednesday said it has raised Rs 415 crore by issuing secured redeemable non-convertible debentures (NCDs) to fund business growth. The Tranche II issue has seen significant demand in the retail segment with a total collection of Rs 4,155.27 million, EFSL said in a statement. The issue has seen interest [...]
Porsche India sales rise 37% in Q3

Porsche India sales rise 37% in Q3

Luxury car maker Porsche India on Wednesday reported about 37 per cent rise in its sales to 193 units for the third quarter of 2022. The company had retailed a total of 141 cars in the third quarter of 2021, according to Porsche India. Retail sales of 193 units during the third quarter helped Porsche [...]