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Kotak Mah Bank up 3% on stake sale buzz to Canadian pension fund

Uday Kotak is reportedly in discussions for selling over 3 percent stake in Kotak Mahindra Bank to CPDQ; stake could be valued at Rs 5,400 crore.
Edelweiss up 11% on Group's partnership with North American fund

Edelweiss Financial Services shares surged more than 11 percent intraday to hit Rs 126, the highest level since January 2008, on Monday after the North American pension fund manager CPDQ announced a long-term partnership agreement with Edelweiss Group.

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Cpdq

Kotak Mah Bank up 3% on stake sale buzz to Canadian pension fund

Edelweiss up 11% on Group's partnership with North American fund