Media & entertainment space gets new PE fund

In what is amongst the first focused fund in the space, India Media Entertainment Fund (IMEF) is raising Rs 500 crore, which will provide both equity as well as instruments like non-convertible......

Investor wealth takes Rs 1.43 lakh-cr knock as stocks plummet

The benchmark indices fell as Sebi cracked down on 331 suspected shell companies listed on exchanges. Investor wealth on Tuesday plunged by Rs 1.43 lakh crore amid sell-off in the stock market......

India Inc's succession plan is seeing a gender shift

Women leaders, succession planners and lawyers say doors in family businesses are opening but a stronger push is needed. Illustration: Dominic Xavier/Rediff.com Legacy planning firm Terentia is......

Transferring inherited assets can be cumbersome

If the property is inherited from one generation to another, the person who inherits it cannot pass it on as s/he wishes, points out Rajesh Narain Gupta, managing partner, SNG & Partners.......