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Asset And Wealth Management

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Islamic State opens bank, moves towards statehood

Any attempt to defang Islamic State must first cut off its main sources of funding, says Sandhya Jain. In a bid to legitimise its existence as a new State carved out of vast swathes of territories......

EXPLAINED: The Saradha chit fund scam

  What is the Saradha scam all about, who are the main players behind it? Indrani Roy/Rediff.com presents an faq. West Bengal Chief Minister Mamata Banerjee and her ministers won't forget......

Firms formed to siphon off 'unlawful resources' of Jaya: Court

As many as 18 firms were formed in the 1991-96 period only with a view to siphoning off the "unlawful resources" accumulated by then chief minister Jayalalithaa, the special court in the......

Mutual Funds bet big on these 10 hot stocks

A fourth of the assets under management (AUM) of equity mutual funds (MFs) are concentrated in only 10 top stocks such as those of ICICI Bank and HDFC Bank. As on July, equity MF assets were Rs 2.6......

'Mutual funds may see their best period in next 5 years'

India's mutual fund sector, the assets under management of which exceeded Rs 10 lakh crore (Rs 10 trillion) last month, has high expectations from the new government at the Centre. A......

IIFL invests in its asset firm

The India Infoline Limited group has moved to increase the net worth of its asset management company through additional infusion of funds. The investment is through the asset manager’s......

Deutsche Bank's Bagga quits

Ajay Bagga, managing director and head of the private wealth management business of Deutsche Bank in India, has resigned from his post, people familiar with the development told Business Standard.......

Citibank scam: ED freezes assets worth Rs 5 cr

Several depositors were duped in the Rs 460.91-crore alleged fraud engineered by Shivraj Puri, a Global Wealth Manager of the bank working at its branch in Gurgaon. Enforcement Directorate has......
  Web results for Asset And Wealth Management
Tax evasion through foreign assets to be a criminal offence

The announcement by Finance Minister Arun Jaitley categorising tax evasion in relation to holding of illegal foreign assets as a "predicate... ...

http://www.deccanherald.com/content/463015/tax-evasion-through-foreign-assets.html
Govt should come down hard on cronies, says Mohandas Pai

Mohandas Pai (photographed) wanted an honest and transparent Budget from the new government. The chairman of Manipal Global Education Services was... ...

http://www.rediff.com/money/report/budget-chat-transcript-govt-should-come-down-hard-on-cronies-says-mohandas-pai/20150302.htm
Look at stamps, vintage cars, art as investment options

‘Enjoy what you do and do what you enjoy’, so it’s said. And it’s always a great feeling to be able to earn as well by doing something that... ...

http://www.mydigitalfc.com/news/look-stamps-vintage-cars-art-investment-options-161
Confused about the Budget proposals? Please read this

Extends fiscal deficit reduction roadmap by one year to 2017-18 Raises services tax, to implement GST by April 2016 and cut corporation tax from... ...

http://www.rediff.com/money/report/budget-special-confused-about-the-budget-proposals--please-read-this/20150301.htm
Jail, huge fines for hiding income

The government has proposed new legislation to deal with the black money menace by making concealment of such income and assets in foreign... ...

http://www.deccanherald.com/content/462702/jail-huge-fines-hiding-income.html

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