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Bengaluru (Karnataka) [India], December 13: IIFL Capital Services Limited (formerly IIFL Securities Limited) today announced the unveiling of its state-of-the-art office in Bengaluru, dedicated to wealth management services for High Networth Individuals (HNIs) and Ultra High Networth Individuals (UHNIs). IIFL Capital Services is one of the largest wealth managers in India, with about $30 billion (Rs 2.5 lac crore) worth of assets under management, advice and custody. Also Read | Big score is ju ...Read More >
NEW DELHI: The number of High Net-Worth Individuals (HNIs) and Ultra High Net-Worth Individuals (UHNIs) in India is growing at an impressive compounded annual growth rate (CAGR) of 12 per cent, according to a report by Motilal Oswal. The report attributed this growth to India's robust economic expansion and buoyant equity markets, which are also helping their wealth grow at an even faster pace. It said "With robust economic growth, the number of HNIs and UHNIs has been growing in India (at 12 ...Read More >
New Delhi, Dec 3 (PTI) The initial public offer of Suraksha Diagnostic Ltd got fully subscribed on the last day of share sale on Tuesday. The Rs 846-crore initial share sale received bids for 1,70,08,534 shares against 1,34,32,533 shares on offer, translating into 1.27 times subscription, according to data available with the NSE. Also Read | What Is 'Tankhah', Religious Punishment Given to Sukhbir Singh Badal by Akal Takht in 2015 Sacrilege Case?. The portion for Qualified Institutional Buyer ...Read More >
New Delhi, Dec 3 (PTI) The initial public offer of Suraksha Diagnostic Ltd got fully subscribed on the last day of share sale on Tuesday. The Rs 846-crore initial share sale received bids for 1,70,08,534 shares against 1,34,32,533 shares on offer, translating into 1.27 times subscription, according to data available with the NSE. The portion for Qualified Institutional Buyers (QIBs) attracted 1.74 times subscription while the category for non-institutional investors got subscribed 1.40 times. ...Read More >
Rohit Jetly, who until recently served as the country head for India at global investment and retirement savings business Fidelity International, was given additional responsibilities. His expanded role now includes overseeing technology and operations for the company's global platform solutions (GPS) division. Its HR head, Upasna Nischal, succeeds Jetly as the new India site leader. These changes reflect Fidelity International's commitment to strengthening its leadership and capabilities in the ...Read More >
Mirae Asset Sharekhan clients can expect uninterrupted access to their accounts, platforms, and services, with the addition of Mirae Asset's global investment options. Mirae Asset Financial Group today announced the completion of its acquisition of Sharekhan, following the receipt of all required regulatory approvals. This marks a new chapter in both companies' journeys as Mirae Asset Sharekhan becomes part of the Mirae Asset family. With this acquisition, Sharekhan will continue to develop it ...Read More >
Over the years, it has become evident that the most significant challenges in wealth management rarely stem from market complexities or economic uncertainties. Instead, they emerge from the intricate relationship between human emotions and financial decisions. Time and again, we have witnessed how our emotional responses to money can override years of financial education and market experience, leading to decisions that can significantly impact long-term wealth creation. The human mind's relatio ...Read More >
Mumbai, November 26: The final allotment for the NTPC Green Energy IPO has been confirmed, and investors can now check their status through bank debit messages or online platforms such as the BSE, NSE, and Kfin Technologies. The shares of NTPC Green Energy, which opened for subscription on November 19 and closed on November 22, are set to be listed on the stock exchanges on Wednesday, November 27, 2024. The public offering received strong investor interest, with the issue oversubscribed by 2.42 ...Read More >
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