Leela Hotels IPO: Brookfield-backed Schloss Bangalore Ltd, which owns the hotel chain “The Leela” Palaces, Hotels and Resorts, is set to open its initial public offering (IPO) for public subscription on Monday, 26 May 2025, and is scheduled to close on Wednesday, 28 May 2025. Also Read | Leela Hotels raises â‚ą1,575 crore from anchor…
Adjusting education portfolio Shenoy had started making investments for his son’s education goal in 2017. As mentioned, the expected goal was domestic education at the beginning. He started investing for the goal from his PMS in 2019. He assumed weighted average returns of 12.2% from a 60:40 equity:debt portfolio, which was part of his PMS…
At this point Shenoy happened to find out about FinRight, a provident fund (PF) consulting startup founded by Mumbai-based Amey Kanekar, on LinkedIn. “I immediately reached out to them. It took them only three-four months to get it all sorted against a fee of â‚ą10,000-20,000,” he said. Ramya Lakshmanan has a similar story to tell….
My son is autistic and his UDID card mentions 25% disability. What tax benefits am I eligible for? Is it true that the clubbing provision doesn’t apply to special children? Also, how can I set up a trust for his future? – Name withheld on request. Since your son is diagnosed with autism, you are…
India’s over four million influencers lost about â‚ą350 crore worth of brand deals in 2024 because unauthorised managers tried negotiating deals for them but failed, according to a report by Hashfame, a networking platform for creators and marketers, exclusively shared with Mint. “More than 55% of Indian content creators are losing brand deals not because…
Aegis Vopak Terminals, a subsidiary of Aegis Logistics Ltd, for subscription on tomorrow (Monday, May 26). Aegis Vopak Terminals manages and operates storage tank facilities throughout India. These facilities offer secure storage solutions for liquids such as petroleum, vegetable oil, lubricants, chemicals, and gases including LPG, propane, and butane. The advantageous positioning of the company’s…
This ability to dynamically balance risk and reward makes them particularly attractive to moderate-risk investors looking for inflation-beating, tax-efficient returns, without the need to time the market. Historical data reveals that dynamic asset allocation funds (DAAFs) have offered strong downside protection, relatively low volatility, and consistent returns, especially appealing for moderate-risk investors. Read this |…
Stock market news: The Indian stock market experienced a rebound in the last trading session of the week, with both the Sensex and Nifty 50 climbing by around 1%, fueled by optimistic sentiment surrounding US-China trade discussions. On Friday, the indices received a boost from investments in major firms such as Reliance Industries, HDFC Bank,…
Reliance ADAG group stocks in focus: Shares of the Anil Dhirubhai Ambani Group (ADAG), which include Reliance Home Finance, Reliance Infrastructure, and Reliance Power, saw a significant increase during trading on Friday (May 23). The stocks of Anil Ambani’s Reliance ADAG group experienced a surge, fueled by a number of positive announcements, enhanced financial stability,…
New Delhi, May 25 (PTI): The combined market valuation of six of the top-10 most valued firms eroded by â‚ą78,166.08 crore last week, with Reliance Industries taking the biggest hit, in line with weak trends in equities. Last week, the BSE benchmark dropped 609.51 points or 0.74 per cent and the Nifty declined 166.65 points…
