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'Blanket withdrawal is not a good strategy'

'Investors should restrict themselves to a few category schemes with high quality portfolios apart from overnight and liquid funds.' When Franklin Templeton announced last Thursday, April 23, that......

Economic slowdown has hurt even India's ultra rich

The number of ultra rich falls to 2.56 lakh in 2018 from 2.63 lakh. As much as Rs 262 lakh crore of the wealth possessed by the high networth individuals are in the form of financial assets, while......

Mumbai still has the highest number of unsold luxury homes

On the other hand, Bengaluru posted a record fall of 49 per cent from 6,370 units of luxury homes in Q1 of 2018 to 3,260 units in Q1 of 2019, on the back of rising preference among NRIs to invest......

How hedge funds make money for HNIs

These funds give the wealthy an option to invest in strategies that other equity products like mutual funds and portfolio management services cannot, says Nishant Agarwal. The interest of the......

India has 146,000 ultra-high networth individuals

The total wealth of the ultra HNIs, or those with a networth of over Rs 25 cr, grew by five per cent to Rs 1.35 lakh crore. Growth of ultra-high networth individuals (HNIs) in the country slowed to......
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YES Bank, ICICI Securities, MTNL, JSW Steel and TVS Srichakra

MTNL said it will on December 31 seek shareholders' nod to raise Rs 2,138.6 crore as part of sovereign guarantee bond. Related Companies NSE BSE... ...

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