High Networth Individuals

To curb the frenzy in the IPO market fuelled by money borrowed from NBFCs, the RBI had imposed a ceiling of Rs 1 crore on the amount that NBFCs can lend a borrower for an issue

Mankind Pharma IPO share allotment | Here is how to check status online

Mankind Pharma will make its debut on the BSE and NSE on May 8 as per the schedule.

Super rich families raising exposure to alternative investments: Munish Randev

It is a common misconception that the family offices are more risk taking in general. Ultra high networth families have equal focus on wealth preservation and wealth creation like any other common investor, says Randev

DHFL's NCD issue subscribed over 6 times on day 1

Housing finance firm DHFL's issue of non-convertible debentures was subscribed by over six times on its first day today, generating a demand worth about Rs 12,645 crore.

1.46 lakh ultra HNIs in India, growth slows in FY16: Report

Growth of ultra-high networth individuals (HNIs) in the country slowed to under 7 percent to reach 1.46 lakh at the end of 2015-16, according to a report.

Prime Property: Government's Diwali bonanza!

Government gives a surprise Diwali gift, experts say the radical changes could prove to be a game changer and revive India's property market; Prime Property finds out why high networth individuals (HNIs) are choosing to buy homes in Dubai over anywhere in India; also Prime Property will get builders' wishlist for Budget 2015.

Sebi revives process of introducing Realty Investment Trust

Market regulator SEBI has revived the process of introducing REITs. IT effectively provides an alternate investment vehicle to a private investor. Ramesh Sankahead of DLF talked to CNBC-TV18 about rental business for commercial and retail real estate.

NSEL issue won't cause crash, no exposure to NSEL: IIFL

IIFL had advised its HNI clients almost two months before the entire episode happened not to take any exposure to this or that it does not recommend it. But some customers took positions with their own money. IIFL does not have any proprietary positions to IIFL

RBS launches real estate services for HNIs

Royal Bank of Scotland launched real estate services for high networth individuals who are attracted to pre-leased commercial and real properties

India to have 225 billionaires by 2022, says report

India, which is at the fifth spot in global ranking with 122 dollar-billionaires in 2012, is likely to see a whopping 84 per cent growth in this number with 225 billionaires by 2022, real estate consultancy Knight Frank has said in a report.

Local tax evaders using commodity mkts for fake gain/loss?

It appears that high networth individuals (HNIs) who till last year used to evade tax by 'buying' loss/profit from friendly stock brokers, are now using the commodity markets for such transactions. Fake profit/loss transactions help HNIs either suppress taxable income or convert black money into white.

Find out: Which investment options can HNIs consider

Pradeep Dokania, managing director and chairman, global wealth & investment management India, Merrill Lynch spoke to CNBC-TV18 about various investment options available for high networth individuals (HNIs).

New family businesses want pros on the job: Barclays Wealth

Majority of Indian family businesses may be looking to divest their stake to professional managers to run their business.

Number of high networth Asians to touch 2.8m by 2015: CLSA

Asia is likely to get richer, with the number of high net-worth individuals (HNIs) in the region pegged to touch the 2.8 million-mark in the next four years, driven by robust economic growth, a high savings ratio and the rise of Asian exchange rates, says a report.

SEBI proposes new rules for alternative investment funds

Market regulator Securities Exchange Board of India (SEBI) today proposed new rules for Alternative Investment Funds (AIFs) and other private equity funds, pooling in capital from high networth individuals (HNIs) and corporates, but suggested keeping retail investors out of their ambit.

ASK PIA to raise Rs 480 cr for domestic realty fund

After successfully raising Rs 520 crore in June, 2011, ASK Property Investment Advisors (ASK PIA), now plans to raise Rs 480 crore from high networth individuals (HNI) to invest in residential properties.

See 5650-5700 by May end on good inflation news: PN Vijay

Portfolio Manager PN Vijay, in an interview on CNBC-TV18 spoke about his reading of the market. He also gave his views on the assembly election results which are scheduled to be declared on Friday and what impact the results could have on the market and investors.

I-T dept issues wealth tax notice to HNIs

The income tax department is getting ready to crack down on high networth individuals (HNIs) evading the wealth tax. The department is eyeing buyers of yachts, jets and luxury wheels and will soon proceed against these individuals, reports CNBC-TV's Aakanksha Sethi quoting sources.