Avendus Wealth News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SEBI has asked BSE to pay the regulatory fee based on the notional value of its options contracts and not based on the value of the premium value.

If government policies continue the way they have been, then all bets are on the table for PSUs to catch up with private peers, says the Avendus Wealth Management managing director and chief investment officer

Key reasons stoking this trend include better infrastructure, quality of life, wealth preservation and growth. Many of these promoters told ET on the condition of anonymity that India is important as a growth market, but many countries outside offer ease of living.

The wealth management landscape in India is experiencing a notable transformation as a growing number of firms, many of which initially began as boutique, urban-based entities, are now expanding their operations into tier-2 and tier-3 cities. This strategic shift is in response to the substantial increase in wealth within these regions over the past two to three years, thereby opening up new market opportunities for these wealth management companies.

Recently, a SoftBank-promoted institutional investor acquired a 96-room hotel, just 50 metres away from the upcoming high-speed bullet train station in Vadodara, from Iscon group.