The previous best sales record was set in 1978, the heyday of the Silver Shadow II, which was also during the depths of an economic winter.
AmFamily Takaful Bhd (AmTakaful), which began operations today, is the country's 12th licensed takaful operator.
Figures from research company Wealth-X show Perth is currently home to the fourth-highest concentration of ultra-wealthy in Australia, behind Sydney, Melbourne and Brisbane.
According to a new study, the number of billionaires in India dropped by more than 30% in 2011. Press reports blamed the drop on the country’s stock market, which fell by 40% last year.
As we embark on the year ahead, there are a number of hurdles still to overcome. Most notable is the euro-zone debt crisis which, though off the front page for the time being, remains largely unresolved. However, with economic data in the US and emergin
These investors, called 'Qualified Foreign Investors' (QFIs), were earlier allowed to invest only in Indian mutual funds.
The entrustment term stated in the agreement is from Jan. 1, 2012 to Dec. 31, 2014. The annual caps on the service fees to be paid by China Life Insurance (Group) to China Life Asset Management for the three years are 300 million yuan (US$47.6 million), 3
L Capital, controlled by managing partner Ravi Thakran, is a fund set up to buy consumer and retail businesses that would fit with the Louis Vuitton to Moet Hennessy group
Singapore-based banks are beefing up their operations to manage the USD 25 billion wealth of the city state's 300,000 non-resident Indians (NRI), who have an investment preference for Indian securities and the rupee.