E-PaperFamily Office News
Family offices seek out foreign partners as HNIs look to invest outside India
Indian residents are allowed to invest up to $250,000 per financial year abroad in instruments such as stocks and bonds as per the Reserve Bank of India’s (RBI) liberalized remittance scheme (LRS).
2 min read30 Jul 2020How the super rich invested during the covid-19 pandemic
Family offices typically advised their clients to increase gold allocation towards the end of 2019.The covid-19-driven market fall has likely resulted in unrealized losses in some of the client portfolios.
3 min read29 Jun 2020Co-working start-up Innov8 raises $4 million
Innov8 will utilize the funding from Credence Family Office and others to expand its footprint beyond Delhi NCR, Mumbai, Bengaluru and Chandigarh
2 min read11 Oct 2018Fortis sale process is likely to begin again
Munjal-Burman give nod for fresh bidding in wake of Fortis board revamp
2 min read28 May 2018Fortis board approves binding offer from Hero-Burman family offices
With the approval of binding offer from Hero-Burman family offices, the Fortis board has set aside bids from a combine of TPG-Manipal Health and IHH Healthcare
1 min read11 May 2018KKR-backed firm Radiant Life Care makes offer for Fortis
KKR-backed Radiant Life Care has offered to acquire at least 26% stake in Fortis Healthcare at Rs126 per share, excluding its diagnostic business SRL
3 min read21 Apr 2018AEON Learning raises $3.2 million from MEMG Family Office
AEON Learning will use the funding from MEMG Family Office for growing its business from its university partnerships and skill programmes
1 min read23 Jan 2018Having your own wealth manager
Individuals and families are seeing the need to create a family office to address the demands that come with significant wealth
3 min read15 Sep 2017Domestic venture capital funds proliferate as HNI interest in start-ups grows
Early-stage venture capital firms plan to collectively raise almost Rs650cr from the domestic capital pool
4 min read15 Jan 2016Why you need a family office
Just as a strategic plan provides a compass for an operating business, it is necessary to have one for personal assets
7 min read22 Dec 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared