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CHENNAI FINANCIAL ADVISOR
His son discovered crores only after his death: Chennai financial advisor shares the money mistake one generation keeps makingChennai-based financial advisor B Padmanaban shared a story about a father who accumulated deposits, investments and properties worth crore...- IHCL announces merger with Oriental HotelsIndian Hotels Company Limited will merge with Oriental Hotels Limited through a Scheme of Arrangement. This merger aims to simplify the gro...
- This jewellery stock appeared in 4 of June’s top 10 PMS portfolios, one bet was as high as 22.6%Thangamayil Jewellery emerged as a top stock choice for several leading PMS fund managers. Equirus Wealth made the largest allocation, show...
- Geri Care raises Rs 110 crore from InvAscent for a minority stakeGeri Care Health Services has raised Rs 110 crore from private equity investor InvAscent for a minority stake. Founded in 2018 by Dr. Laksh...
- IIFL Wealth Management appoints Nikunj Kedia as head of productsNikunj Kedia started his career with American Express Financial Advisors and has close to two decades of experience in the financial servic...
- PAG, partners buy controlling stake in Optimus for Rs 2,000 crorePAG, a leading alternative investment firm focused on Asia-Pacific, along with consortium partners CX Partners and Samara Capital, on Wedne...
- Lumos Alternative Investment Advisors to raise Rs 300 crore realty stress fundThe fund will invest in projects in the top six markets across India – Mumbai Metropolitan Region (MMR), National Capital Region (NCR), Ben...
- Waterfield Advisors open fifth office at KochiThe company has offices at Mumbai, Gurgaon, Bengaluru and Chennai and works with group of 60 prominent families in India, managing over $3....
- Book profits in equity mutual funds to escape LTCG tax, say MF advisorsAfter the re-introduction of LTCG tax, equity investors should pay a tax of 10% on long term capital gains of over Rs 1 lakh in a financial...
- Quikr acquires India PropertyYES Securities Investment Banking acted as the financial advisor for the deal while IndusLaw and S&R Associates were the legal advisors, th...
- IIFL Wealth Management acquires Wealth AdvisorsIIFL Wealth Management has assets under advice and distribution of Rs 1.4 lakh crore.
- IIFL Wealth in talks to acquire Chennai based Wealth AdvisorsIn IIFl Wealth Managers, the parent company IIFL Holdings has a 53.64% stake, General Atlantic, 21.52%, employees 20% and foreign financial...
- Hotel Leelaventure gains as Marigold Capital agrees to buy Chennai propertyInvestment bank JM Financial is the advisor for the sale.
- Waterfield Advisors announces appointment of Kartik Kini as COOKini has over two decades of experience in the financial services industry, mostly in the wealth management space. He has also worked in le...
- Leela Hotel seeks shareholders' nod to sell Chennai,Delhi propertiesLocated at Adyar Sea Face in the city, the Leela Palace, Chennai has a capacity of 326 guest rooms while the Leela Palace, New Delhi has a ...
- Parkway Holdings to buy Global Hospitals for Rs 1,284 croreAs part of this transaction, IHH will use Rs 265 crore to fund the hospital chain's capex requirements and to optimise its current cost of ...
- Hotel Leelaventure to sell Goa, Chennai propertiesThe company plans to divest in select hotels while continuing to grow through managing and operating new hotels under The Leela brand.
- Kolkata most expensive city for travellers, says surveyKolkata is the most expensive metropolis for a night out for two while Ahmedabad is a budget-friendly metro city, a survey has found.
- CavinKare bags Rs 250 crore of private equity investmentsCavinKare has bagged Rs 250 crore of private equity investments from Mauritius-based firm ChrysCapital in a "structured deal" in order to s...
- IndiaFirst Life Insurance opens its first Financial Planning Centre in ChennaiThe company proposes to set up such FPCs across important cities in India.
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