Hnis

Showing of 1 - 20 from 33 results
Hnis - Total results - 33
Edtech startup Illumnus raises $100K from angel investors, HNIs; plans to expand services in 4 countries
Business

Edtech startup Illumnus raises $100K from angel investors, HNIs; plans to expand services in 4 countries

The key investors are a group of HNIs and angel investors from Dubai, UAE, Illumnus said in a statement, without disclosing any details.

IIFL Wealth acquires L&T Finance Holdings' wealth management business for Rs 230 cr; says deal to help expand business
Business

IIFL Wealth acquires L&T Finance Holdings' wealth management business for Rs 230 cr; says deal to help expand business

IIFL Wealth Management said the acquisition was for a total cash consideration of Rs 230 crore plus available cash balance of LTCM.

The Moneycontrol Pro Great Diwali discount is closing ahead of schedule. Subscribe now
Business

The Moneycontrol Pro Great Diwali discount is closing ahead of schedule. Subscribe now

Moneycontrol Pro (which works as an in-app purchase and is also available on non-app platforms) offers subscribers curated markets data, exclusive trading recommendations, independent equity analysis, and actionable investment ideas

Is liberalised remittances scheme becoming too liberal warranting a closer look? It is time govt set new limits
Business

Is liberalised remittances scheme becoming too liberal warranting a closer look? It is time govt set new limits

The rapidly increasing outbound remittances peaked to $1.69 billion in July (for a single month) 2019

Sensex plummets 793 points on Budget woes, global selloff; HDFC Bank, L&T, Bajaj Finance among major losers
Business

Sensex plummets 793 points on Budget woes, global selloff; HDFC Bank, L&T, Bajaj Finance among major losers

Top losers in the Sensex pack included Bajaj Finance, ONGC, NTPC, Hero MotoCorp and Maruti, falling up to 8.18 percent.

Introducing Moneycontrol Pro — For the astute investor!
Business

Introducing Moneycontrol Pro — For the astute investor!

Moneycontrol Pro caters to this particular need of a serious investor in the markets.

Angel tax concerns: Startups required to seek tax exemption from inter-ministerial board, says govt
Business

Angel tax concerns: Startups required to seek tax exemption from inter-ministerial board, says govt

Several startups have raised concerns on taxation of angel funds under Section 56 of the Income Tax Act, which provides for taxation of funds received by an entity.

Investment limit hike for EB-5 visa not likely till December; to cost $1 mn-3 mn: US official
Business

Investment limit hike for EB-5 visa not likely till December; to cost $1 mn-3 mn: US official

The employment-based fifth preference category (EB-5) visa is meant for high networth individuals (HNIs) to earn the Green Card which offers permanent residency in the US for themselves and their immediate family through a one-time minimum investment of $00,000 into a new business that creates 10 or more jobs for the Americans.

Bitcoin rally: Income tax notices slapped on 4-5 lakh wealthy investors, evaders will have to pay capital gains tax
Business

Bitcoin rally: Income tax notices slapped on 4-5 lakh wealthy investors, evaders will have to pay capital gains tax

The trigger for the action is understood to be the huge spike being registered in the value of bitcoins and other virtual currencies in the recent past.

Bitcoin rally: Income tax sleuths conduct surveys on 9 major exchanges, detect HNI entries
Business

Bitcoin rally: Income tax sleuths conduct surveys on 9 major exchanges, detect HNI entries

Sleuths detected a number of high net worth individuals (HNIs) and customer IDs in these databases and prima facie about 20-25 lakh such entities have been traced.

Mumbai is India's richest city with $820 bn; Delhi distant second with $450 bn
Business

Mumbai is India's richest city with $820 bn; Delhi distant second with $450 bn

The list also includes Hyderabad with a total wealth of $310 billion. Hyderabad is home to 9,000 millionaires and six billionaires.

Rs 10,000 cr Startup India fund: Who actually benefitted from this ambitious scheme?
Business

Rs 10,000 cr Startup India fund: Who actually benefitted from this ambitious scheme?

The biggest lacuna about the ambitious 10,000 crore startup fund is that it did not lay out any steps on how it was going to achieve its objective.

Portfolio managers' asset base rise for 8th straight month, up at Rs 11.4 lakh cr in Aug-end
Business

Portfolio managers' asset base rise for 8th straight month, up at Rs 11.4 lakh cr in Aug-end

Asset base of portfolio managers, who mostly manage investments or provide advisory services to High Networth Individuals, stood at Rs 9.7 lakh crore in August 2015

Gold Monetisation Scheme: Why are religious shrines, HNIs not in a hurry to part with the yellow metal?
Business

Gold Monetisation Scheme: Why are religious shrines, HNIs not in a hurry to part with the yellow metal?

The rich and High Net Worth Individuals are staying away fearing the taxman might come calling on the heavy deposits they have made under GMS

Chased by banks, indebted midcaps cut informal deals with high networth individuals
Business

Chased by banks, indebted midcaps cut informal deals with high networth individuals

With banks stepping up the pressure on stressed borrowers ahead of the financial year ending, many debt-laden midcap firms are learnt to be striking informal deals with high networth individuals (HNIs) for funds.

Foreign investments via P-Notes drop to Rs 2.54 lakh crore in November
Business

Foreign investments via P-Notes drop to Rs 2.54 lakh crore in November

Value of P-Notes investment in Indian markets declined to Rs 2,54,600 crore at November-end, from Rs 2,58,287 crore in the previous month

Startup funding: Sebi keeps retail investors away but casts HNIs, QIPs as venture capitalists
Business

Startup funding: Sebi keeps retail investors away but casts HNIs, QIPs as venture capitalists

The SEBI discussion paper believes that by giving considerable latitude to new-age companies, we would be able to keep them in India and not drive them to foreign bourses like NASDAQ of the USA and Singapore stock exchange. May be, but investors in financially literate economies do not suffer fools or crooks

RBI allows 100% foreign investment in Crompton Greaves
Corporate

RBI allows 100% foreign investment in Crompton Greaves

Foreign institutional investors are now allowed to invest up to 100 percent of the paid up capital in Crompton Greaves, the RBI said in a notification.<br />

P-Notes investment declines to Rs 1.83 lakh crore in November
Investing

P-Notes investment declines to Rs 1.83 lakh crore in November

P-Notes (participatory notes) mostly used by overseas HNIs (High Networth Individuals), hedge funds and other foreign institutions, allow them to invest in Indian markets through registered Foreign Institutional Investors (FIIs), while saving on time and costs associated with direct registrations.

This property correction is for super-rich, not common man
Economy

This property correction is for super-rich, not common man

A major part of this unsold inventory lies in the Island City, which was never affordable to small individual buyers. On the other hand, in the comparatively more affordable suburban locations, vacancy is relatively lower and prices have not corrected as expected