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GENERATIONAL WEALTH TRANSFER IN INDIA
Noel Tata, Darius Khambata, Deepak Parekh meet to discuss Tata Sons succession after N Chandrasekaran's exitN Chandrasekaran will remain chairman of Tata Sons till February 20, 2027. The Tata Sons AGM adjournment delayed a significant dividend pay...- Alstom seeks 200 more locomotive orders from Indian RailwaysFrench train maker Alstom is seeking a follow-on order for 200 electric freight locomotives from Indian Railways for its Madhepura plant in...
- Delhi HC asks Centre to consider plea to remove 'objectionable' videos against Sai BabaThe complaint seeks the removal of allegedly inflammatory YouTube videos targeting Shirdi Sai Baba. The court issued notices to the Centre,...
- India’s family office wealth to grow 1.5x in three years as ultra-rich shift strategies: ReportWealthy families in India are shifting their fortunes into advanced investment mechanisms, with family office assets expected to rise marke...
- Global Market: Standard Chartered expands hedge fund offerings as investors seek protection from market volatilityStandard Chartered is increasing its focus on hedge funds as wealth management clients seek to diversify portfolios and navigate heightened...
- ‘I bought 2 houses at 24, but my kids might never buy one’: Founder says people need to move beyond 9 to 5 for building wealth that can beat inflationEntrepreneur Riya Upreti has argued that rising property prices and uneven salary growth are making traditional wealth-building increasingl...
- Man claims Gen-Z's ability to work is being destroyed by their parent's passive income and reluctance to let them work entry level jobsAn X user's criticism of affluent Indian parenting has triggered a debate over whether generational wealth encourages dependence among some...
- No politics in 'Operation Toofan', applies equally to all: Keralam Home MinisterKerala Home Minister Ramesh Chennithala stated the anti-narcotics drive is apolitical. Operation Toofan will treat all individuals equally,...
- India’s family offices prepare for $1.5 trillion wealth transferIndia anticipates a significant intergenerational wealth transfer exceeding one trillion dollars. Family wealth is becoming more institutio...
- Is a savings account more than a place to park your money?Indian households are increasingly recognizing the value of their wealth stored in bank deposits. With savings accounts providing both liqu...
- SIFs vs MFs: 5 key differences investors should know before investingSpecialised Investment Funds (SIFs) are steadily becoming a preferred choice for seasoned investors, accumulating an impressive 95,000 foli...
- Following smart money: Where are India’s top investors betting next?As private credit, venture debt and co-investments gain traction, India’s family offices and institutional investors are increasingly diver...
- Godrej Industries to enter private credit space, aims to raise Rs 2,000 cr in AIFGodrej Industries Group is entering the private credit market with a new fund. The company aims to raise up to two thousand crore rupees fo...
- Axis Bank expands corporate play beyond loans, shuns price warAxis Bank is broadening its corporate banking services beyond just lending. The lender targets fee income and low-cost deposits from corpor...
- Market opportunity for REITs and InvITs is set to increase 2-3x from the existing AUM by 2030: ReportIndia's Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) could expand two to three times from the existi...
- Qatar launches new UPI route to send money to IndiaQatar Post, in partnership with India Post, has launched PosTransfer, a new remittance service aimed at simplifying money transfers. This s...
- NRI shares journey from Rs 10 LPA to Rs 7.5 crore net worth and 3 Mumbai homes after moving to Middle EastAn Indian NRI has shared his financial journey on social media, detailing how his career progressed from a Rs 10 lakh annual salary to a ne...
- Three key milestones on the road to financial freedomFinancial freedom is built gradually through understanding, systematic investing and patience. Three milestones—moving from consumption to ...
- Women may be better investors than men. So why do they retire with less wealth? CA Nitin Kaushik explainsCA Nitin Kaushik highlighted the paradox that women may invest more wisely than men yet retire with less wealth. He attributed this to lowe...
- Wealthtech firm Centricity raises Rs 280 crore funding led by SMBCThe round comprised Rs 230 crore in equity and Rs 50 crore in venture debt, founder and chief executive Manu Awasthy told ET. The funds wer...
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