Big voices on Dalal Street say oil may trade in $80-100 range

Big voices on Dalal Street say oil may trade in -100 range

NEW DELHI: Big voices on Dalal Street said the market is pencilling in $80-90 a barrel range for oil prices and while some short term impact on stocks due to Russia-Ukraine tensions is likely, the long-term India story remains intact. In an interview with ET NOW, Rashesh Shah of Edelweiss Group said geopolitical events have … Read more

Pacific Alliance Group to acquire 51% in wealth management, investment banking biz of Edelweiss for Rs 2,244 cr

Pacific Alliance Group to acquire 51% in wealth management, investment banking biz of Edelweiss for Rs 2,244 cr

Mumbai: Pacific Alliance Group (PAG) has agreed to buy the wealth management and capital markets business of Edelweiss Financial Services that also includes investment banking, its first large deal in the country after setting up local base in 2019. PAG, among the largest Asia focussed alternative asset management firm on Thursday said in an official … Read more