News for 'private-wealth'

Vikash Lohia Tops Hurun Successors List

Vikash Lohia Tops Hurun Successors List

Rediff.com23 Apr 2026

Karan Adani of Adani Ports & Special Economic Zone emerged as the top absolute value creator, adding Rs 2.67 trillion as the company's mcap rose from Rs 42,149 crore in March 2020 to Rs 3.09 trillion in March 2026 (7.3x) -- the largest rupee addition on the list.

MF Equity Deployment Hits Six-Month Low

MF Equity Deployment Hits Six-Month Low

Rediff.com13 Nov 2025

'The net inflows into MF schemes may also have been lower last month, with investors booking profit and taking a more measured approach amid elevated valuations.'

India Has 73 Unicorns; RMGs Knocked Out

India Has 73 Unicorns; RMGs Knocked Out

Rediff.com19 Sep 2025

RMG firms Dream11, Games24x7, Gameskraft and MPL lost unicorn status after the gaming ban while fintech players led 11 new unicorns added in 2025.

Why Trust In Ambani, Adani, India Inc Is Vital

Why Trust In Ambani, Adani, India Inc Is Vital

Rediff.com12 Sep 2025

Who else will take on the might of Microsoft, Google, and Amazon if not the Adanis, Ambanis, Birlas, or Tatas?, asks R Jagannathan.

'Investors Prefer A Staggered Approach'

'Investors Prefer A Staggered Approach'

Rediff.com20 May 2025

'While investors believe in India's long-term growth story and resilience amid global uncertainty, they see near-term risks around the direction of a global trade war.'

India's private wealth to rise 150% by 2018

India's private wealth to rise 150% by 2018

Rediff.com12 Jun 2014

The country jumped two notches from 17th in 2008 to 15th in 2013.

Gold Prices Surge. What Should You Do?

Gold Prices Surge. What Should You Do?

Rediff.com21 Feb 2025

'If gold's recent surge has increased its allocation beyond 15 per cent in your portfolio, now may be a good time to rebalance.'

Should You Invest In Largecap Funds?

Should You Invest In Largecap Funds?

Rediff.com18 Dec 2024

'As we navigate uncertain waters, a conservative approach to largecap investing could provide a strategic advantage.'

Family offices surge to 300 since 2018 on Tier-II,-III push

Family offices surge to 300 since 2018 on Tier-II,-III push

Rediff.com4 Jul 2024

Thanks to a booming market, India now has more than 300 family offices, up from 45 in 2018, according to a PwC report. The number is expected to grow rapidly, with promoters establishing more businesses in Tier-II and Tier-III cities. Family businesses play a crucial role in India's booming economy, spanning manufacturing, retail, real estate, healthcare, and finance.

NRIs yet to fully warm up to GIFT City's higher FPI limits

NRIs yet to fully warm up to GIFT City's higher FPI limits

Rediff.com20 Sep 2024

The Securities and Exchange Board of India (Sebi) has permitted 100 per cent contribution from non-resident Indians (NRIs) and overseas citizens of India (OCIs) in the corpus of foreign portfolio investors (FPIs) based out of Gujarat International Finance Tec-City (GIFT City), the country's international financial services centre (IFSC). However, the Indian diaspora is yet to fully embrace this new route. The regulator allowed this route to enhance the fund ecosystem at GIFT City and attract genuine investments from overseas Indians.

Wealth managers advise clients to reduce their exposure to smallcaps

Wealth managers advise clients to reduce their exposure to smallcaps

Rediff.com26 Mar 2024

The froth in the small and midcap (SMID) space is limited to a few pockets, but regulatory scrutiny could lead to sustained volatility, observe India's top-drawer wealth managers. They add that they have been advising clients to reduce their exposure to smallcaps. Anand Rathi Wealth, which manages investor wealth through mutual funds (MFs), reports that its exposure to smallcap stocks, both through MFs and directly, has decreased by nearly 7 percentage points in the past few months, now standing at 23 per cent.

8 'gazelles' demoted to 'cheetahs', 19 out of Hurun Unicorn Index 2023

8 'gazelles' demoted to 'cheetahs', 19 out of Hurun Unicorn Index 2023

Rediff.com28 Jun 2023

With the number of start-ups reaching the unicorn level falling drastically in 2023, the Hurun Unicorn Index said it has demoted eight gazelles - start-ups that were founded in 2000 and have the potential to go to unicorn in three years - to cheetahs.

'Take A Staggered Approach To Investing In Smallcaps'

'Take A Staggered Approach To Investing In Smallcaps'

Rediff.com11 Apr 2024

'Exposure to small and midcap stocks exceeded desired levels in many portfolios, prompting rebalancing.'

Tribunal stays Sebi's order on Yes Bank's former MD Rana Kapoor

Tribunal stays Sebi's order on Yes Bank's former MD Rana Kapoor

Rediff.com14 Sep 2023

The Securities Appellate Tribunal (SAT) has granted an interim stay on a Sebi order that slapped a penalty of Rs 2 crore on Yes Bank's former MD Rana Kapoor in a case of mis-selling the private sector lender's AT1 bonds. Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case. The interim relief came after capital markets regulator Sebi in July issued a demand notice to Kapoor, warning arrest and attachment of his assets over non-payment of the fine of Rs 2 crore, along with the interest.

Cipla, Torrent may need to divest 15 brands in buyout deal: Bernstein

Cipla, Torrent may need to divest 15 brands in buyout deal: Bernstein

Rediff.com14 Sep 2023

As the market buzzes with news of Cipla promoters exiting the business through a stake sale and Ahmedabad-based Mehta family-led Torrent Pharmaceuticals racing to acquire its rival, Cipla, an analysis reveals that if the deal were to go through, both companies might need to divest as many as 15 brands to comply with Competition Commission of India (CCI) norms. A recent analysis by Bernstein shows that Cipla and Torrent share a presence in 332 products (based on product and molecule data from market research firm IQVIA). Bernstein analysts Nithya Balasubramanian and Parth Shah noted that, while this may appear as a high number, a significant portion of these products lack significance.

Market Rally May Favour Active Funds In 2024

Market Rally May Favour Active Funds In 2024

Rediff.com4 Jan 2024

Active largecap funds, which have the toughest job in terms of outperforming the benchmark, did better in 2023 as their bets in the mid and smallcap stocks paid off.

'Should I Move FD Cash Into MFs?'

'Should I Move FD Cash Into MFs?'

Rediff.com18 Dec 2023

rediffGURU Kirtan A Shah answers your personal finance queries.

Why rich Indians are heading for greener pastures

Why rich Indians are heading for greener pastures

Rediff.com24 Jul 2023

More Indians renounced their citizenship and took citizenship in other countries in 2022 than ever before, according to data. Answering multiple questions in Parliament - the last on March 31 this year - Minister of State for External Affairs V Muraleedharan told the Lok Sabha that more than 200,000 Indians gave up Indian citizenship in 2022. The question was asked by Congress Members of Parliament Kodikunnil Suresh and M K Raghavan, and All India Majlis-e-Ittehadul Muslimeen chief Asaduddin Owaisi.

Stocks Or MFs? Where Can YOU Invest?

Stocks Or MFs? Where Can YOU Invest?

Rediff.com30 Oct 2023

An interesting imaginary conversation between Kirtan A Shah and an investor about how investing in mutual funds is better than investing directly in stocks.

Plea to link Aadhaar with property: HC seeks Centre's reply

Plea to link Aadhaar with property: HC seeks Centre's reply

Rediff.com17 Apr 2023

The Delhi high court on Monday asked the Centre to file reply on a plea seeking linking of immovable and movable property documents of citizens with their Aadhaar numbers to curb corruption, black money generation, and benami transactions.

Brain Drain 2.0 Is Taking Place In India

Brain Drain 2.0 Is Taking Place In India

Rediff.com28 Sep 2023

The migration of domestically developed intellectual property to foreign corporations within India reflects an anomaly in the demand pattern of the country's job market, points out Kanika Datta.

ASK PF GURU: How Can I Best Multiply My Savings?

ASK PF GURU: How Can I Best Multiply My Savings?

Rediff.com23 Aug 2023

Do you have financial planning queries? Ask rediffGURU Kirtan A Shah.

UBS buy gives Credit Suisse India employees a glimmer of hope

UBS buy gives Credit Suisse India employees a glimmer of hope

Rediff.com28 Mar 2023

UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank's India employees a glimmer of hope. The surprise deal - engineered by the Swiss government - has triggered optimism of fewer job losses at Credit Suisse's India unit and better synergies at key verticals, such as wealth management and investment banking. "UBS is a much stronger hand. Coming within its fold will give Credit Suisse's wealth management and investment banking divisions a good home.

Global pvt wealth takes a hit; India sees 20% dip in Q4

Global pvt wealth takes a hit; India sees 20% dip in Q4

Rediff.com25 Apr 2020

In India, the drop was fuelled by the rupee's depreciation from around 71 to 75 a dollar during the quarter.

5 Indian-origin women executives on Barron's 100 Most Influential Women in US Finance list

5 Indian-origin women executives on Barron's 100 Most Influential Women in US Finance list

Rediff.com5 Apr 2023

Five Indian-origin women executives have made it to Barron's prestigious annual '100 Most Influential Women in US Finance' list for achieving positions of prominence in the financial services industry and helping shape its future. Barron's is a sister publication of the Wall Street Journal, published by Dow Jones and Company. "The list honours established and emerging leaders in financial services, the corporate world, nonprofit organisations, and government," the magazine said in a press release.

Long-Short Funds Hold Fort In Turbulent Times

Long-Short Funds Hold Fort In Turbulent Times

Rediff.com5 Jul 2022

Most of the long-only funds are closed-ended. This means that investors have to lock in their money for a fixed period before they can take it back.

Sebi slaps Rs 25 crore fine on Yes Bank in AT-1 bonds case

Sebi slaps Rs 25 crore fine on Yes Bank in AT-1 bonds case

Rediff.com12 Apr 2021

Markets regulator Sebi on Monday imposed a penalty of Rs 25 crore on Yes Bank in the matter of misselling the lender's AT-1 bonds few years ago. Besides, the watchdog has imposed a fine of Rs 1 crore on Vivek Kanwar, who was the head of the private wealth management team, and Rs 50 lakh each on Ashish Nasa and Jasjit Singh Banga. The two individuals were part of the private wealth management team at the time of violation. They need to pay the penalty within 45 days, Sebi said in its order.

India has 4th largest ultra-high-net-worth households

India has 4th largest ultra-high-net-worth households

Rediff.com16 Jun 2015

The US remains the country with the largest number of ultra-high-net-worth (UHNW) households.

India added nearly two ultra-rich a day in 2014

India added nearly two ultra-rich a day in 2014

Rediff.com18 Jun 2015

India jumps to fourth from thirteen in the list of countries having households with more than $100 mn private wealth.

PE firm Multiples looks to raise $10 billion by 2030

PE firm Multiples looks to raise $10 billion by 2030

Rediff.com13 Dec 2021

Of the amount, the home-grown private equity player founded by Renuka Ramnath plans to deploy $8 billion in various companies as part of its blueprint for growth.

Deutsche Bank's Bagga quits

Deutsche Bank's Bagga quits

Rediff.com19 Mar 2014

It is also learnt that Deutche bank has initiated a search for a new head of its private wealth management business in India

It's raining millionaires in India!

It's raining millionaires in India!

Rediff.com19 Jan 2016

India is among the top five Asia Pacific countries in terms of total private wealth held, but at the bottom in terms of per capita income.

India on wealth managers' map

India on wealth managers' map

Rediff.com4 Nov 2004

Rediff Chat: Should you fear GST?

Rediff Chat: Should you fear GST?

Rediff.com6 Jul 2017

To shed more light on how GST will affect the individual as well as the nation, Rediff Chat has lined up experts to field your queries.

Investing in stocks: Take the plunge now or wait?

Investing in stocks: Take the plunge now or wait?

Rediff.com2 May 2014

As day of poll result nears, rise in market volatility making things more difficult

Invest smart and be rich! Here's how

Invest smart and be rich! Here's how

Rediff.com5 Mar 2013

Feroze Azeez, director -- investment products (private wealth management), Anand Rathi Financial Services Ltd -- answer our readers' questions on financial planning during an hour-long chat on Tuesday.

Countries with most millionaires: India ranked at 15

Countries with most millionaires: India ranked at 15

Rediff.com7 Jun 2013

Private wealth in India will more than double to $4.5 trillion by 2017.

Chat: How to invest smart and be rich!

Chat: How to invest smart and be rich!

Rediff.com2 Apr 2014

To get some useful investment tips, chat with Feroze Azeez, director -- investment products (private wealth management), Anand Rathi Financial Services Ltd on Wednesday, April 2 between 4 pm and 5 pm.

Chat: How will Budget impact your investments?

Chat: How will Budget impact your investments?

Rediff.com15 Jul 2014

In a live chat on rediff.com on Wednesday, July 16, 4 pm, Feroze Azeez, will offer some valuable suggestions on investments.

India among countries that have most millionaires

India among countries that have most millionaires

Rediff.com1 Jun 2012

Global private financial wealth grew by 1.9 per cent in 2011.