WEALTH NEWS
Investors lose Rs 2.3 lakh crore as bears rule D-St for second day
The rise in bond yield is becoming a worry for investors as they see foreign investors fleeing from India.
Go for digital businesses to create long-term wealth: Dipan Mehta
"If this correction gets deeper, then the best place to hide would be the s...
Sensex leaps 1,148 points led by RIL, financials; investor wealth soars by Rs 3.7 lakh crore
Positive global cues have been driving markets a...
Mukesh Ambani is again richest Asian as China’s Zhong loses $22 billion
Mukesh Ambani spent most of the past two years leading the ranking of Asia’s richest people, taking over from Alibaba Group Holding Ltd.’s Jack Ma.
When kids shun your wealth: 5 ways parents can deal with such a situation
In our earnestness about providing for the children, we many times forget that they are also entitled to the joys of being self-made. We fail to see that they may want to own their successes without finding us at every threshold of major decision making in their lives.
HSBC curbs profit and payout ambitions, bets on Asia wealth
HSBC ditched its goal of achieving a return on tangible equity of 10 to 12%, and said instead it will aim for 10% over the medium term.
Stocks in the news: Mphasis, RIL, Hindalco, Bharat Forge, Airtel and HDFC Bank
Bharat Forge has inked a pact with global aerospace and technology firm Paramount Group to manufacture armoured vehicles in the country.
ETtech Weekend Briefing: News wars split Big Tech
We delve deep into the ongoing controversy, which has been in the making ever since media companies started to lose control of how their publications reached the public, and with it, a share of the ad income they generated.
Saudi PIF invests in NBK Capital Partners' shariah credit fund
It did not disclose the stake taken by Public Investment Fund (PIF), which manages $400 billion in assets, but NBKCP said it was a nine-digit figure, meaning at least a third of the targeted $300 million. Fundraising closes next year.
Edelweiss Wealth Management targets to raise Rs 1,000 cr in AIF
Edelweiss Wealth Management is targeting to raise Rs 1,000 crore from domestic investors for its maiden equity-focused alternate investment fund (AIF), according to persons in the know.
Buy IIFL Wealth, target price Rs 1250: Motilal Oswal
IIFL Wealth Management Ltd., incorporated in the year 2008, is a Mid Cap company (having a market cap of Rs 9469.27 Crore) operating in NBFC sector.
Investors' wealth tops Rs 200 lakh crore as Sensex rallies to fresh high
The positivity induced by the government's capex plan is fuelling the latest leg of the rally.
View: If executed well, the Budget will propel demand, jobs and wealth creation
There is a great example in American history when in June 1956, President Dwight Eisenhower, passed an act to build an Interstate Highway System— producing $6 benefit for every $ 1 of construction, creating a domino effect on a wide-variety of industries.
Mutual funds attract new investors, add to their wealth in pandemic-ravaged 2020
After wild swings in a pandemic-ravaged year, the stock market finally appears to end with unusually high gains, which coupled with robust inflows in fixed income schemes helped mutual funds add a staggering Rs 3.5 lakh crore to their asset base in 2020.
The 7 billionaires who added $64 billion to their wealth in the Covid year
Mukesh Ambani, the richest Indian, has added $18.1 billion to his fortunes, which stood at $76.7 billion at last count. He was worth $58.6 billion at the end of last year.
