Sebi is considering ways to increase the number of accredited investors in India, with measures that may include easier registration and more investment opportunities. As more and more accredited investors join the system, Sebi may be comfortable in allowing new products with lighter touch regulations.
In an interview of Moneycontrol, Hussain Selani offers insights into India’s evolving ultra-rich segment, investment trends, intergenerational planning and more. Read on
The I-T department has reportedly served notices to at least four people in past 10 days based on the information shared by Bermuda
HNIs have become the go-to source of capital for many small companies.
The company has identified 13,500 square feet of commercial real estate in Goregaon, Mumbai. Through this asset, it aims to create an investment opportunity worth Rs 27.31 crore for retail investors.
Neo is also seeking an Non-Banking Financial Company (NBFC) license to enter into lending to its existing clients.
In the run-up to the general elections, economic activity heats up and macro factors turn attractive. And with many brokerage firms advising clients to build exposure in Indian equities, HNIs are believed to be in a mood to build positions.
FII money continues to pour, but a good chunk of it could be passive flows through exchange traded fund (ETF) as most active fund managers are still not comfortable with valuations and the macro picture, say brokers.
Fund managers say many HNIs and even a section of small retail investors are now trading in mutual funds, particularly index funds and ETFs, the way they trade stocks.
Although HNIs comprehend the advantages of mutual funds over other financial products, past problems in the sector still concern them.
Mankind Pharma IPO: The issue, which is an offer for sale, is expected to fetch the pharma company's shareholders Rs 4,326.36 crore at the upper end of the price band of Rs 1,026-1,080 a share
High net-worth individuals tend to pick MLDs, given the tax treatment they attract. Market-linked debentures are listed securities and at present are axed as long-term capital gain at a 10 percent rate without indexation
Delhi NCR, Mumbai, Goa and Bengaluru remain the top four cities on the realty map for respondents. As many as 11 percent of India’s wealthy are searching for properties abroad
India is among the top 10 countries witnessing outflow of millionaires. And the top 10 list includes Russia, China, India, Hong Kong, Ukraine, Brazil, the UK, Mexico, Saudi Arabia, and Indonesia.
It will use the funds for fresh hiring, tech upgrade and improving product features, the year-old recruitment startup has said
The preferred luxury home was a city apartment priced between Rs 10 crore and 25 crore. A luxury vacation home was priced between Rs 5 to Rs 10 crore, the survey said
Lakshmi Kumar, Policy Director at Global Financial Intelligence, talks about the different ways in which HNIs hide wealth
The other key trend has been diversification towards dollar assets, especially foreign equities, given attractive returns and potential currency gains on repatriation.
High net worth investors are slowly shifting from equity and debt to alternative asset classes
Looking at the product landscape in India, currently, there are close to two lakh PMS accounts in India where the minimum investment is Rs 50 lakh. As of recent data, the total investment in PMS is above Rs 3 lakh crore.
The Delhi-NCR strata office market is worth Rs 25,450 crore. The city has around 23 mn sq. ft. of strata office market with 54 percent in under construction projects.
In this edition of the Explained series, find out how pandemics add to the prosperity of companies helping the rich get richer
As many as 31.07 percent of respondents believe that their investment allocation towards real estate sector will grow in the next two years
Trust formation is gaining momentum in India with many wealthy families opting for it