Based in Mumbai, Jhaveri will report to Shirish Apte, CEO of Citi Asia Pacific, a statement issued by the company said here. Jhaveri will oversee all of Citi's businesses in India, including the institutional clients group, consumer banking and global cards and wealth management businesses, it said.
As share of cash volumes in trading mix sees decline, it will result in moderation of profitability from core broking operations.
A chat with investment expert Feroze Azeez on what impact will the hike in RBI rate have on the consumers.
Wealthy people are now donating less for charitable purposes, although they still feel an obligation towards such social work, a survey has revealed
An Indian businessman has become the latest non-Spaniard to attempt to buy into La Liga and is in talks to acquire Racing Santander, a heavily indebted club based in the north of the country.
S. P. Jain Center Of Management, Dubai / Singapore invites applications for 'The Global MBA' programme.
The survey noted that the highest growth rates for gross domestic product were recorded by China (10.7 per cent) and Taiwan (9.1 per cent).
A Codicil is a document created by the testator to make changes to an existing will, points out Sarbajeet K Sen.
Tax Guru Anil Rego answers your personal income tax queries
With retailers downsizing operations, many senior executives from fast-moving consumer goods and telecom who had jumped on the retail bandwagon a couple of years ago are making a quiet comeback.
Emerging Asia - China, India, Indonesia and Thailand - is fast becoming the main engine of growth in the Asia-Pacific region.
Switzerland has been making efforts to strengthen its bilateral cooperation with India .
Do you find yourself wondering how good your financial advisor is? How trustworthy? Do you ever feel uncomfortable sharing information with him? Maybe it is time to ask some hard questions and get some peace of mind.
Aditya Birla Nuvo is in talks with global private equity players Blackstone, Carlyle and KKR to sell shareholding in its proposed holding firm for its financial services business. The financial services holding company will house its asset management, insurance, stock broking, wealth management and private equity businesses.
With retailers downsizing operations, many senior executives from fast-moving consumer goods and telecom who had jumped on the retail bandwagon a couple of years ago are making a quiet comeback.
It's important to learn from failure, and just show up the next day, and the next, till you've got it right, says Radhika Ghai, co-founder, ShopClues
Do not go for riskier options like co-operative bank only for the higher return. Even if you go for them, park only a small portion of your capital there, say Tinesh Bhasin and Sanjay Kumar Singh.
Hari Pandey, who founded ICICI Bank in Canada in March 2003, is among the 11 awardees in various categories who would be felicitated at function here on Saturday, ICCC said.
French stocks, particularly those exposed to the country's large tourism sector, are likely to suffer the biggest falls
It's going to be India's most exclusive super-rich club, with membership restricted to those with a minimum investible surplus of $1 billion. Called Private Investment Club, it will launch its services from September 16.Members of the club will get preferred access to deals that Morgan Stanley will be doing. They will also get to co-invest with Morgan Stanley in deals as well as participate as limited partners in its global funds.
All sectoral indices on the BSE and NSE ended in the red, led by realty, banking, metal, pharma, pharma and financial stocks.
The Hindujas have taken off the veil over their mid-sized Amas Bank in Switzerland by renaming it as "Hinduja Bank", in what its chief executive described as a bold move to expand its activities in trade finance, wealth management and investment banking.
Tax Guru Anil Rego answers your personal income tax queries.
Investment advisor Anil Rego will answer your queries on the ban on Rs 500 and Rs 1000 notes and what you should be doing.
This is the second largest decline in the world. In 2007, India had posted 22.7 per cent growth, the fastest in that year.
The top four countries account for 60.3% of the total worldwide HNWI population.
Bank FD rates are expected to go down in the near future. Lock in now if you want stability as well as returns
'There is a long-term bull market that commodities will witness. This can take 2-3 years to start. There have been some large moves in foreign exchange. We have seen the pound depreciate by 25 per cent against dollar. We have seen the yen appreciate against the dollar. When the markets start stabilising, these trends will reverse. This will give good trading opportunity. But it is not clear whether any one should do anything yet,' says Robert Morrice, MD, Barclays Wealth.
Beware: During the period that you avail of the moratorium, there would be no repayment of interest or principal. Thus, the outstanding will go up substantially for this period as a consequence
Paytm plans to launch mutual funds, insurance and banking services and s also providing the option to transact offline with a physical debit card
With hopes of economic recovery gaining momentum, the wealth of high net-worth individuals across the world are likely to touch a whopping $48.5 trillion by the year 2013, a survey says.
With the demand for credit expected to shoot up, private banks are bolstering core capital. Seven of them are in the process of raising a cumulative Rs 10,500 crore in equity to fund expansion, which, in some cases like Axis Bank's, includes entry into mutual fund, private equity and wealth management businesses.
The Annual Tax Survey by Right Horizons, an investment advisory and wealth management firm, shows that financial planning among salaried individuals is by and large conspicuous by its absence.
For the wealthy, post-tax returns of debt funds would work out better
Assume the worst regarding how long your unemployment could last and make conserving cash your topmost priority, suggests Sanjay Kumar Singh.
S P Jain Center of Management invites applications for its one-year, full-time, Global MBA Programme.
The Indian market is very competitive because you have existing foreign banks, private banks, new foreign banks and public sector banks, says Mike DeNoma, executive director, StanChart.
The youngest winners of the thriving tech economy, many of whom came of age during the last financial crisis, aren't often interested in the ideas that attracted clients in the past.
Even though stocks may remain volatile in the run-up to the polls, as political parties stitch up alliances, the long-term trajectory for the markets remains bullish.
In 5 years, the AMC has clocked a growth rate of 40% with its AUM up nearly 4 times.
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