Managing director acquires majority stake in Indian wealth firm
She has increased her shareholding to 96% from 24%
India
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LGT unveils wealth operation in India
It has a presence in 14 cities across the country
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Why retail investors should look towards India
Country ‘presents the most compelling opportunity’
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Abrdn sheds £262m stake in Indian life insurer
After it raked in £225m for selling off shares in the firm’s asset management arm
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Abrdn sells £225m stake in Indian asset manager
But it will keep a 10% share in the company
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Bain Capital buys 25% stake in Indian wealth manager
PE firm was previously blocked in its attempts to acquire UK insurer LV=
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Indian financial group to demerge wealth management arm
As the latter looks to grow client base by 30-40% every year
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India to emerge as the fastest growing major economy
‘It will also be the market with the highest earnings growth between 2021-2023’
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Cryptocurrencies ‘akin’ to Ponzi schemes, says India regulator
‘They threaten the financial sovereignty of a country’
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Generali to become majority shareholder in Indian life JV
Deal is a ‘further step ahead in our growth journey in this high potential market’
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HSBC buys India-based investment manager for $425m
As part of its strategy to become ‘a leading wealth manager in Asia’
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NRI entrepreneurs face audit confusion
As regulator looks to scrap requirements for small and medium companies