Jump to content

Talk:Edelweiss Group

Page contents not supported in other languages.
From Wikipedia, the free encyclopedia

Merger proposal

[edit]

I propose merging Edelweiss Broking Limited into this article, Edelweiss Group. The reason is that Edelweiss Broking Limited does not meet Wikipedia's "notability" requirement for a standalone article.

Wikipedia's guidance on notability for organizations states:

"A company, corporation, organization, school, team, religion, group, product, or service is notable if it has been the subject of significant coverage in secondary sources."

The Wikipedia page about general qualifications for "notability" states:

"'Significant coverage' addresses the topic directly and in detail...."

In the Edelweiss Broking Limited article, only a single source might be considered to offer such coverage, the ForbesIndia article. All the other sources do not provide such coverage. The other sources offer support for facts about the company, but not for its notability. I have not found additional reliable sources which provide "significant" coverage, as defined by Wikipedia.

Wikipedia's guidance on notability for organizations further states:

"When evaluating the notability of organizations or products, please consider whether they have had any significant or demonstrable effects on culture, society, entertainment, athletics, economies, history, literature, science, or education."

I have not found reliable sources which show that Edelweiss Broking Limited has created such effects. Regarding Edelweiss Broking Limited as a subsidiary of Edelweiss Group, Wikipedia notability guidance for organizations explains further that:

"A corporation may be notable, but its subsidiaries do not 'inherit' notability from being owned by the corporation."

DonFB (talk) 03:22, 2 February 2017 (UTC)[reply]

  • Hi DonFB, thanks for your input on the article. I wrote this article since I found out notable and saw that it was neutral and cited well .

Since, it's an Indian company, you might not be able to find notability at your end. On google.co.in, I searched and found out that this company is one of the best financial services (broking) in india and I think I should put some urls for you to justify. Since you were focusing more upon news websites like Forbes the following URLs are from leading financial websites in India. http://economictimes.indiatimes.com/markets/stocks/news/seven-lucky-stocks-for-2017-from-edelweiss-securities/articleshow/56231238.cms http://www.moneycontrol.com/news/stocks-views/edelweiss-brokings-top-midcap-picks-for-2017_8173721.html https://www.bloomberg.com/profiles/companies/0285631D:IN-edelweiss-broking-ltd http://economictimes.indiatimes.com/markets/expert-view/dont-lose-hope-nifty50-may-hit-record-high-by-march-2017-vinay-khattar-edelweiss-broking/articleshow/52343443.cms https://www.bloomberg.com/news/articles/2015-02-01/michelin-man-primed-for-deals-as-asian-targets-beckon-real-m-a http://www.livemint.com/Consumer/MWPbrBoK4VOrVcYnV6JYXM/Branded-garments-to-grow-to-48-of-readymade-segment-in-2019.html http://www.indiainfoline.com/article/news-sector-banking-financials/edelweiss-broking-launches-mobile-trader-app-113110803919_1.html http://www.sebi.gov.in/sebiweb/intermediaries/pmd_mb.jsp?PmdIndxName=E&listCode=E https://www.nseindia.com/gsa/NSE_Search.jsp?q=edelweiss%20broking&collection=WSALL_col&frontend=UAT_WSALL_fe&collection_print=ALL%27)%20AND%20SLEEP(5)%20AND%20(%27ptwA%27=%27ptwA https://datafox.com/competitors/edelweiss-broking-ltd These are not 'paid release' and directly discuss about Edelweiss Broking Limited in particular. Also, you mentioned that you cannot find any evidence of the company having any significant effect in any field.You may find the link where the leading journals of India (the news of whom influence financial market the most) has published the stock recommendations and covered the products of the company. This is of huge importance to the population concerned with financial markets of India. Including these links and Forbes the company will definitely seem notable. Hope I have clarified all the concerns you might have. I am new to wikipedia and I tried to edit the article as per the guidlines. If there is any problem can you please guide me how to overcome that? Thanks! JennyGon (talk) 07:11, 3 February 2017 (UTC)[reply]

The sources you listed don't provide "significant" coverage in the manner described by Wikipedia guidance. They give the company name in minimal profiles, in brief passing mention, or with stock recommendations; a panel discussion has an officer of Edelweiss Financial Services, not Broking, and does not cover the company. Short profiles on government or private websites can be used to reference specific facts about a subject, but not to establish a subject's notability. I continue to believe the threadbare content of the "Broking" article should be enclosed within the "Group" article. If coverage of Broking becomes more significant with time, it might then deserve its own article. DonFB (talk) 11:01, 3 February 2017 (UTC)[reply]

I think that the sources I listed have the stock reports and products of the company itself which are covered by the news websites since this company is very popular in financial industry. Wikipedia policy regarding popularity of company justifies it notability and uniqueness. Also, I found out that its products are also popular and below URL show the same: http://www.thehindubusinessline.com/markets/stock-markets/edelweiss-to-soon-provide-mobile-app-to-buy-mf-products/article8082656.ece Kindly help me understand why it is not notable? Right now I am looking at various wikipedia pages of India like Zerodha , Edelweiss Group, and I am not even able to see at least 20% of citation I had to give you. Would really appreciate your help if you can give me any article to see better citation of financial company. Thanks a lot :) JennyGon (talk) 14:46, 3 February 2017 (UTC)[reply]

I think the Zerodha article is a good example of the kind of sourcing that is needed. In the references for that article, I see multiple independent and reliable sources which give significant coverage about the company, such as its history, leaders, goals, customer base and activities. I haven't seen that coverage in the sources for Broking. If you can find reliable and independent sources which give that type of in-depth coverage of Broking, then it could be considered notable, and using such sources and information would certainly improve the article. Right now, the article is really only a "listing," with virtually nothing other than its name, founding date, city and official registration numbers. At this time, with so little information in the article about the company, it should be merged. DonFB (talk) 23:01, 3 February 2017 (UTC)[reply]
  • Hi DonFB I went through zerodha's page. I took inspiration from page content, googled a lot on weekends and have written the article again according to what I observed and your suggestions. Kindly have a look and suggest me if it qualifies to the parameters you mentioned above or I have to right again :( . I am looking forward to your support over this.
  • Wikipedia Content

Edelweiss Broking Limited (Ltd.) is an Indian stock broking company that offers personal finance solutions and real-time trading on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The company is registered with National stock exchange of India, Bombay Stock Exchange of India and MCX-Stock exchange.

  • Overview

Edelweiss Broking is involved in monetary intermediation , headquartered in Mumbai. Edelweiss Broking limited was publicly incorporated on 7th February 2008 after Edelweiss group had received final regulatory approval from the Securities & Exchange Board of India (SEBI) to start its mutual fund business by 2008. They acquired retail broker Anagram Capital Limited in Jan 2010. Anagram was founded in 1993 and changed its name to Edelweiss Broking Limited in 2011. The stock broker has a network of sub brokers and authorized persons across India. It has 4,700 sub brokers operating from 680 cities. As on 30 November 2016, the share capital of Edelweiss Broking was INR 49.7 crore and paid up capital was INR 6.5 crore

  • Products

Mobile Trader:Edelweiss Broking's mobile trader is an app which enable people to trade in F&O, equity and mutual funds. It was launched in January 2016. Trader's Lounge: This is an analytical trading web platform meant for high volume trading. It was launched in April 2017 Guided Portfolio System (GPS):This is a robo-advisory product which guide beginners where to invest by computing some basic information.

  • Board of Directors

The Directors of Edelweiss Broking are listed as follows:

  • Biren Shah
  • Prashant Mody
  • Rajesh Save
  • Mitul Shah
  • Ketan Shah


  • Citations

1)http://www.forbesindia.com/article/boardroom/how-edelweiss-built-a-business-for-the-long-run/39907/1

2)http://www.sebi.gov.in/sebiweb/home/pmd_mb.jsp?PmdIndxName=Edelweiss&listCode=C

3)http://www.livemint.com/Companies/sdtaUXfUi4FGfxPtTTZVaN/Edelweiss-Capital-buys-Anagram-for-Rs164-cr.html

4)http://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=128483696

5)https://site2corp.com/in/edelweiss-broking-limited

6) http://www.topsharebrokers.com/fullservice/edelweiss-review/

7)http://www.thehindubusinessline.com/markets/stock-markets/edelweiss-to-soon-provide-mobile-app-to-buy-mf-products/article8082656.ece

8) http://www.indiainfoline.com/article/news-sector-banking-financials/edelweiss-broking-launches-mobile-trader-app-113110803919_1.html

9) http://www.thehindubusinessline.com/markets/stock-markets/edelweiss-launches-traders-lounge/article8447520.ece

10) http://economictimes.indiatimes.com/mf/mf-news/edelweiss-financial-services-launch-guided-portfolios-for-investors/articleshow/55726071.cms

11) http://www.indiainfoline.com/article/news-sector-banking-financials/edelweiss-broking-launches-mobile-trader-app-113110803919_1.html

12) https://www.zaubacorp.com/company/EDELWEISS-BROKING-LIMITED/U65100GJ2008PLC077462

JennyGon (talk) 11:14, 6 February 2017 (UTC)[reply]

The citation from "thehindubusinessline...soon to provide mobile app," which is an independent and reliable source, has some useful information about Broking in addition to the announcement of the mobile app. You could use some of that other information for the article. My "job" here (I'm a volunteer, like everyone) is not to "support" your goal of making Broking a standalone article. I'm just interested in applying Wikipedia standards to its articles, so Wikipedia does not become misused as a platform for advertising (although that is already a problem). I should have asked sooner, but I am wondering if you are affiliated in any way with Edelweiss, and if you want this article because you're trying to help someone you know at the company or someone associated in any way with the company. Or if someone is paying you to work on this article. Wikipedia does have rules about conflict of interest and paid editing. If any of this applies to you, it's important to publically disclose that information on your Talk Page. People with that kind of conflict are strongly discouraged from directly editing articles and should put messages on the article talk page to request that edits be made by other Wikipedia volunteers.
If you don't have a conflict, you can continue working on the article, and I recommend that a few of the other references (three or four at the most), not cited in the article, be put in an "External Links" section at the end of the article. Read the linked page (section #7 in particular) for instructions how to do that. All references in the body of the article should be properly formatted. No one else seems to be watching these articles, because no one else has commented, so the status quo, unmerged, will continue, unless other people comment. If no one else comments in a few more weeks, the tags can be removed.
My personal opinion is that the Broking article is an advertisement, and is intended as an advertisement. That's why it concerned me, and continues to concern me. By Wikipedia's rules, though, I think it is possible the company may narrowly qualify as notable. Unfortunately, Wikipedia has thousands of little articles like this, and I believe most of them are advertisements. However, I don't want to take more time here. I'm sure Wikipedia will survive with or without the article. DonFB (talk) 15:59, 6 February 2017 (UTC)[reply]
  • Dear DonFB, it feels like you misunderstood my intentions. I apologies if I caused trouble but I am trying to contribute, like you are, to wikipedia. I don't personally care about the topic nor I am related to it. Being a beginner in the 'wikiworld' I was trying to learn more about how I can develop the contents apt for wiki including notability, exhaustivity and non-advertisement and for that reason, I have done may edits on wikipedia but this was my first complete article from scratch. I saw this article while going through numerous Indian articles, I thought to write it since its a famous Indian company. I requested permission from Jimfbleak who is the moderator and a good guide and after writing article submitted to him for review. He informed me that article is neutral and notable, so I published it. I was pretty happy, being my first article written from scratch getting published. Few days later, I noticed merging tag on the page but there was no one responding to it so I asked Jimbfleak whether I can remove it, after permission removed it. Then you proposed to merge the page which I was not able to understand and so, I gently tried to have your assistance over the same. I too don't like any promotional content on wikipedia that's why only mentioned company registration details on article, but after your reference to zerodha, wrote the above segment. I completely agree with you lots of advertisements like articles have been put on wiki undermining the actual purpose of wiki i.e. live, accurate and updated encyclopedia. My personal opinion is that lots of India use products of this company and they look for to "accurate" information about this company so I think I have done right thing writing this article. I will follow your guidelines and ad more good citations which you suggested if I am able to find on google. Thank you for your help! :)

JennyGon (talk) 09:13, 7 February 2017 (UTC)[reply]

I'm glad you also oppose advertising here. I'm sure my reason for wanting merge was the same as the other editor: the article looked very minor and the company seemed unnotable. The company may be famous in India, but "famous" is not the standard for "notability." Good luck with your editing. DonFB (talk) 10:29, 7 February 2017 (UTC)[reply]
  • Hi DonFB, It has been a long time now since the Edelweiss Broking Limited article was posted. Since no one has raised any concern I believe that this should be time we make this article a standalone one. Once article is standalone, I am sure other wiki editors shall contribute and make it much better than what I have contributed. Requesting you to remove the merge tag from the page. Kindly suggest :)

JennyGon (talk) 13:45, 19 March 2017 (UTC)[reply]

I will leave it up to you. DonFB (talk) 23:27, 19 March 2017 (UTC)[reply]
  • Thanks for the instructions DonFB . I am going ahead and removing merge tag such that anyone can come and contribute to this article. In case after a month or two, we do't find much notability in this article, we can consider putting merge tag again.

Thanks . JennyGon (talk) 04:40, 20 March 2017 (UTC)[reply]

Retrieved from "https://en.wikipedia.org/w/index.php?title=Talk:Edelweiss_Group&oldid=1196407614"