High Networth Individuals

How to set up a family office abroad? More wealthy Indians want to know

For Indians, Dubai and Singapore are popular destinations. Significantly, Singapore recently opened an agency to welcome family wealth management firms

At home in super luxury: the rise of a real estate trend

The sale of properties that only the super-rich can afford is bumping up two years after the pandemic hit the country

Time for luxury: What to consider when you set out to buy your dream watch

Timepieces costing lakhs of rupees must highlight the owner's taste and personality

Syrma SGS Technology IPO subscribed 32.6x on final day of bidding

The qualified institutional buyers (QIBs) was subscribed 87.5 times, high networth individual (HNI) portion 17.5 times and retail portion 5.5 times

Retail investors' holdings drop by Rs 1.67 trn to Rs 17.58 trn in Q1: Data

Shareholding of high networth individuals (HNIs) - those holding shares worth more than Rs 2 lakh in a company - also declined to 2.08 per cent as on June 30, from 2.21 per cent on March 31

Professional advice helps: Top 10 myths about financial planning

It is wrong to believe that those knowledgeable about personal finance should not engage with a Registered Investment Adviser

Investments in mid-, small-caps need 'thorough analysis': Umang Papneja

Senior executive of IIFL Wealth Management says companies will feel the impact of Federal Reserve tapering and liquidity tightening.

Binance CEO Changpeng Zhao is now worth over $100 billion

Zhao's fortune could be significantly larger, as the wealth estimate doesn't take into account his personal crypto holdings

Sebi proposes sweeping changes to HNI allotment process for IPOs

Also suggests changes to price discovery norms

Why it is not so easy for a retail investor to make money in an IPO

Allotment could be low, and expected listing-day gains can quickly morph into losses if sentiment takes a turn for the worse

Glenmark Life's Rs 1,500 cr IPO subscribed 45x on strong HNI interest

Rolex Rings subscribed 9.3 times a day before close

Street signs: TTK Prestige rally, debt SIPs on the rise, and more

Investors, especially high net-worth individuals (HNIs), rely heavily on grey market signals for punting on any IPO

James Murdoch weighs tapping billionaire families for India investments

His Lupa Systems is looking for about $150 million each from fewer than half-a-dozen family offices.

World's richest people face tax squeeze after 40% rise in their fortunes

G-7's proposals part of global revival of initiatives to target the rich, from Buenos Aires to Stockholm to Washington.

China, India rise in wealth index, US remains world's ultra-rich hot spot

There are 60,000 ultra-high-net-worth individuals worldwide with a combined $22 trillion.

Heranba Industries IPO subscribed 83 times on strong HNI support

Price band was set at Rs 626-627 per share; issue comprises Rs 60 cr of fresh fundraise, Rs 565 cr offer for sale

India's rich club to grow 75% by 2025 despite pandemic: Knight Frank study

As many as 91% of the ultra-rich are expecting a massive increase in their wealth over the next five years

How a Bengaluru NGO raised Rs 220 crore for fight against coronavirus

How GiveIndia's campaign to raise Rs 220 crore for Covid relief gathered a momentum of its own pulling in many much-maligned segments of society

The school dropout who turned the business of managing wealth on its head

The man behind Zerodha has now made a mark catering out to ultra HNIs with a new outfit that takes forward the group's value proposition of transparency

Equitas SFB IPO subscribed two times even as HNIs give offer a miss

Institutional investor portion was subscribed 3.8 times, while the retail investor portion was subscribed 2 times