Strategic Move or Costly Gamble?

Edelweiss Financial Services has sold a 10% stake in Edelweiss Asset Management (AMC) to WestBridge Capital for approximately ₹450 crore, with an option for WestBridge to acquire an additional 5% stake by March 2026. The transaction values Edelweiss AMC at around...

Europe’s air travel experiences severe disruptions as numerous airlines, including Vueling, Aeroflot, Wizz, and Edelweiss, encounter over 500 flight delays and 19 cancellations, impacting passengers in Italy, Russia, Turkey, and Switzerland, with key airports such as Rome, Moscow, Istanbul, and Zurich being significantly affected.

Travel disruptions are severely impacting Europe, with over 500 delays and 19 cancellations affecting passengers in Italy, Russia, Turkey, and Switzerland. Key cities such as Rome, Moscow, Istanbul, and Zurich are experiencing long waits, uncertainty, and frustration...