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SMC WEALTH MANAGEMENT SERVICES
New labour code: Appointment letters must mention job role, workplace, and other key conditions; here's how employees benefitNew labour code rules mandate employers to issue detailed appointment letters, ensuring clarity on job roles, wages, and social security be...20 Jun, 2026, 02.21 PM IST- India to have 26,000 high net-worth families by 2030, says reportThe number of high-net-worth families (with wealth over $30 million) in India is set to increase from 16,000 in 2025 to about 26,000 by 203...20 Jun, 2026, 01.00 AM IST
- Wealth wisdom of the day: ‘It takes great deal of boldness and caution to make a great fortune; and when you have got it...’ – Nathan Mayer Rothschild’s famous quote hides a big learningWhile individuals take numerous steps to multiply their wealth to build a notable fortune, little do they plan for what to do next. For som...19 Jun, 2026, 02.12 PM IST
- ET Alpha Wealth Summit | Wealthy Indians are quietly shifting money into gold, global stocks and AI infrastructure; Rajesh Saluja explains whyIndian investors are shifting focus from maximizing returns to building resilient portfolios. Experts advise diversification across assets ...18 Jun, 2026, 10.39 AM IST
- InCred Capital expands global footprint with launch of US operations; appoints Arunava Das as CEO, North AmericaInCred Capital, the institutional, wealth and asset management arm of InCred Group, announced the launch of its US operations with the open...17 Jun, 2026, 08.45 PM IST
- ET Alpha Wealth Summit | Wealthy Indians are still way underinvested in global stocks, says PPFAS's Rajeev ThakkarIndian wealthy investors must look beyond this year's market ups and downs for wealth protection. Experts advise a long-term strategy for l...17 Jun, 2026, 12.41 PM IST
- Warren Buffett won’t leave his $100 billion fortune to his children, says "enough so that they can do anything, but not..."Warren Buffett, the legendary investor, is donating over 99% of his colossal fortune to charity, rejecting the idea of a family dynasty. He...16 Jun, 2026, 11.50 PM IST
- CCI clears TVS Group's acquisition of PGIM India AMC, Temasek-Romsons dealIndia's fair trade regulator CCI has given the green light for TVS Group entities to acquire PGIM India Asset Management. The regulator als...16 Jun, 2026, 08.36 PM IST
- Your SIPs won't save you if you're making these everyday money mistakes, warns CAChartered Accountant Nitin Kaushik argues that many individuals focus on investment returns while overlooking significant financial leaks. ...16 Jun, 2026, 03.08 PM IST
- YES Bank share price rises 3% on partnership with Northern Arc to extend lending offeringsYES Bank shares gained after the lender announced a strategic partnership with Northern Arc Capital. The collaboration aims to expand credi...16 Jun, 2026, 11.32 AM IST
- Elon Musk’s biggest wealth-creation moment: SpaceX IPO turned 4,400 workers into millionaires overnightElon Musk's startup SpaceX's historic IPO made around 4,400 employees millionaires overnight as they accumulated significant wealth through...16 Jun, 2026, 01.02 AM IST
- PMS vs mutual funds: 5 reasons to invest, and 5 red flags to watchPortfolio Management Services (PMS) offer structural advantages over mutual funds, allowing for concentrated portfolios, significant cash h...15 Jun, 2026, 07.50 PM IST
- No Covid, yet Rs 3.71 lakh hospital bill: Gujarat man's insurance paid only Rs 1.78 lakh, deducting Rs 1.64 lakh; Then court delivered justiceA Gujarat consumer commission ordered a hospital and doctor to refund Rs 1.64 lakh to a patient. The patient was wrongly billed under a Cov...15 Jun, 2026, 04.30 PM IST
- Elon Musk, the world's richest and first trillionaire, too has stress in his life. How does he remove stress?Even the world's richest face intense pressure. Elon Musk's journey reveals physical distress and sleepless nights during professional cris...13 Jun, 2026, 10.32 AM IST
- The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...12 Jun, 2026, 02.51 PM IST
- Motilal Oswal shares jump 5% after UBS initiates coverage with 'Buy', sets Rs 1,150 targetShares of Motilal Oswal Financial Services rose sharply on Friday after UBS initiated coverage with a 'Buy' rating and Rs 1,150 target pric...12 Jun, 2026, 10.24 AM IST
- Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by MiraeNexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm M...09 Jun, 2026, 06.00 AM IST
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