West Bengal Chief Minister Mamata Banerjee has reached out to Prime Minister Narendra Modi, asking for his help in addressing severe flooding in the state caused by the Damodar Valley Corporation’s (DVC) water release. She claims that the situation, described as a “man-made” disaster, affects over five million people across south Bengal and has resulted ...
 "RBI embarks on a monumental 4-5 year project to revolutionize currency management, ensuring safety, efficiency, and eco-friendliness for India’s economic future.")
The Reserve Bank of India (RBI) is planning a major overhaul of its currency management system over the next 4-5 years to meet the growing cash needs of the economy. This modernization will include building new currency management centers, automating warehouses, and improving security and inventory systems. The RBI noted that while the growth rate ...
 "Post-pandemic, investors have gained sophistication, boosting the wealth management industry, especially in India, as capital market participation surges.")
Shiv Gupta, the founder and CEO of Sanctum Wealth, shares insights on the evolving wealth management industry in the Asia-Pacific region. Following the pandemic, investors have become increasingly sophisticated, contributing to a rise in capital Market participation and risk-taking. Gupta highlights the tremendous growth of the wealth management sector, especially in India, which is emerging ...
 "Vedanta’s bold demerger aims to transform asset management into ownership, investing .9 billion to become global industry leaders.")
Vedanta Ltd is undergoing a major transformation with a proposed demerger of its various business units, which cover over 15 commodities. This strategic move aims to transition the company from asset managers to asset owners, allowing it to create independent companies focused on sectors like aluminium, oil and gas, power, and steel. With 75% approval ...
 "Sanlam ventures into India’s wealth management, seizing growth amid economic transformation, as its profits soar on strategic partnerships.")
Sanlam Ltd., Africa’s largest insurer, is set to expand into India’s rapidly growing asset and wealth management sector. Building on its initial partnership with Shriram Capital Group established in 2005, Sanlam plans to launch a joint venture that focuses on wealth and advisory services. CEO Paul Hanratty highlighted that many Indians are starting to save ...
 "BLS International Acquires SLW Media: A Strategic Move in Sports Management")
BLS International, a leading visa processing and consular services provider, has recently acquired a 51 percent stake in SLW Media, a sports management company specializing in golf, for Rs 80.24 lakh. This move enhances BLS International’s global footprint, enabling a seamless integration of golf events with its visa and travel services across over 66 countries. ...
