Hnis

HNIs & family offices may turn to AIFs after tax blow to debt MFs

Since debt MFs will now be on a par with AIFs on the taxation front, the returns on each will only be a function of yields

HNIs more cautious on foreign investment after new rules kick in

According to the new rules of the liberalised remittance system (LRS), an Indian resident can now invest $250,000 a year in foreign stocks, debt etc

What has been the impact of family philanthropy in India?

Pandemic also reinvented philanthropy in India. Gautam Adani recently pledged to donate $7.7 bn to social causes. But is the family philanthropy by ultra-rich Indians making the desired impact?

Angel platform IPV offers retail investors a play in startup funding space

Today Angel platform IPV has close to 7,000 investors, over 4,000 of whom actively invest in the Indian startup ecosystem. These investors, largely Indian diaspora, come from 48 countries

Why LRS route for investing in capital markets abroad is mainly for HNIs

Those with small amounts should skip it owing to high costs and elaborate tax-related compliances

Ahead of LIC IPO, Paytm Money lets HNIs place Rs 5 lakh of bids via UPI

The company said it is also offering free demat accounts for lifetime to all

Street signs: Retail, HNIs pare bullish bets, cashing in on LIC IPO & more

Domestic brokerages are pulling all stops to cash in on the excitement around LIC's initial public offering (IPO).

Over 75% HNIs want to buy over Rs 5 cr properties in 2 years: Survey

Around 75 per cent wealthy people will look to buy luxury properties, worth more than Rs 5 crore, over the next two years in big cities as well as holiday destinations, according to a survey. India Sotheby's International Realty, one of the leading brokerage firms in luxury real estate space, has conducted a survey of over 200 HNIs (High Net worth Individuals) and ultra-HNIs to gauge the mood of the luxury real estate buyers across India's top 8 cities/regions -- Delhi-NCR, Mumbai, Kolkata, Bengaluru, Hyderabad, Pune, Chennai, and Goa. "An overwhelming 76 per cent respondents said they would look to buy real estate in the coming two years," according to the report 'Luxury Housing Outlook-2022'. This signals a very strong turnaround in sentiments for real estate amongst the wealthy in India, it added. Out of the 76 per cent wanting to buy real estate, 89 per cent would prefer luxury homes (city apartments, city bungalows and holiday homes), while the rest 11 per cent prefer premium

International funds can provide protection against rupee depreciation

When remitting money abroad, go with the player that offers the most attractive exchange rate

Sebi proposes sweeping changes to HNI allotment process for IPOs

Also suggests changes to price discovery norms

Losing steam: IPO bets of wealthy investors turn sour in August

Overall, HNIs have profited in 16 out of 27 IPOs in 2021

KFC operator makes strong market debut; four stocks list on the same day

The four IPOs cumulatively generated bids worth Rs 1.7 trillion and attracted over 10 million retail applications

Rolex Rings jumps 30% on debut to close with Rs 267 gain; HNIs incur losses

HNI portion was subscribed 360x; break-even after factoring in the interest cost for wealthy investors worked out between Rs 1,400-1,500 a share versus closing price of Rs 1,167

HNIs incur losses as Glenmark Life Sciences ends flat on listing day

Market observers said HNIs had placed leveraged bets, and lost big as their break even cost was more than Rs 850 per share

Ujjivan may move resolution again to appoint Samit Ghosh MD & CEO

The firm is reaching out to shareholders again in this issue after they voted against Ghosh earlier

Easy Trip gains 10% on debut; analysts say HNIs made losses on IPO

The listing was muted compared to the oversubscription seen during the IPO

Public sector IPOs warm up to anchor investors a decade down the line

Centre for the first time exercises provision for IRFC issue

Street signs: Mrs Bector's GMP, Gland Pharma on FPI red-flag list and more

If grey market activity is to be believed, despite the high acquisition price, HNIs will make money.

Investment in house on discounts ideal for high net worth individual now

Demand has been lacklustre and prices have not moved up much in the past few years

Why retail, HNI investors may be regretting giving Gland Pharma IPO a miss

Gland Pharma, promoted by China's Fosun, has extended its gains, is up 40 per cent since its listing