Tue, Feb 27, 2024 11:14 AM
FPI holdings of Indian stocks dip to a decadal low of 16.3%
A Flip by Riya Sharma
NAGPUR: The common belief that only the wealthy are behind in paying property tax is wrong. The Nagpur Municipal Corporation (NMC) data shows most defaulters owe less than 10,000 in property tax. A staggering 3.3 lakh are in this group, adding up to 59.38 crore in unpaid taxes. In contrast, 136 owners with over 5 lakh in tax dues owe NMC a total of 58.53 crore.
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Days after making a foray into the asset management space with the acquisition of a majority stake in US-based Invesco AMC’s India arm, IIHL (IndusInd International Holdings) Chairman Ashoka Hinduja announced ambitious plans for the firm's expanding para banking portfolio which plans to hit a valuation of $50 billion by 2030.
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Galperin is currently 374 on the Bloomberg Billionaires Index, with a total net worth of $7.05 billion. He's just below Ruan Xueping, vice chairman at Gongniu Group, the Chinese civil electrical products company, right above Canadian billionaire J.K. Irving, and 60 notches down from former President Donald Trump. What's Galperin doing here?
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