Articles for tag: Assets, Driven, Equity, Financial, Household, Indias, Investments, Landscape, Revealing, Shifting, Soar, Surpasses, Trillion, Wealthiest

September 28, 2024

India’s wealthiest surpasses trillion; household assets soar, driven by equity investments, revealing a shifting financial landscape.

India’s wealthiest surpasses $1 trillion; household assets soar, driven by equity investments, revealing a shifting financial landscape.

The wealth of India’s richest individuals has surpassed $1 trillion, reaching an impressive $1.19 trillion, as reported by Fortune India. Additionally, a report from Motilal Oswal reveals that household financial wealth has hit a record high of 115.9% of India’s GDP in the first quarter of FY25. Households have seen their gross financial assets rise ...

September 24, 2024

Market News

Business

Sebi probes investment banks for inflated IPO fees, revealing potential malpractices in India’s booming small business offerings.

India’s securities regulator, SEBI, is investigating six investment banks over high fees related to small business IPOs, which are reportedly reaching 15% of funds raised—far above the typical 1-3% range. This investigation, which started earlier this year, aims to combat malpractice in a booming IPO Market. SEBI is concerned that these inflated fees encourage artificial ...