asset ownership

Traditionally, property ownership in India was a symbol of security and status, but it often involved high costs and illiquidity. The introduction of Real Estate Investment Trusts (REITs) now allows individuals to invest in income-generating properties without direct ownership.

Losing original property documents necessitates immediate action to secure ownership. Filing an FIR, publishing a newspaper notice, and obtaining a notarized undertaking are crucial steps. Subsequently, applying for a duplicate sale deed from the property registrar is essential to prevent misuse and facilitate future transactions.

Kataria Clears Conversion Proposal; Ball In MHA’s Court Now

In March, the Enforcement Directorate moved a special PMLA court under the Fugitive Economic Offenders Act (FEO) seeking to permanently confiscate 15 assets worth around Rs 700 crore belonging to late drug smuggler Iqbal Memon, also known as Iqbal Mirchi, and his family in Mumbai and Dubai. The plea includes Worli properties, comprising Rabia Mansion, Marium Lodge, and Sea View properties, and around 15 properties in Dubai, including Hotel Midwest Apartment in Bur Dubai.

Electronic Gold Receipts (EGRs) are now trading on the NSE, revolutionizing India's gold market. This digital format, backed by physical gold in SEBI-regulated vaults, offers investors a secure and transparent way to hold the precious metal. EGRs aim to overcome traditional concerns like purity and storage, integrating gold more closely with the capital markets.

VinFast is restructuring its Vietnam manufacturing business in a $530 million deal, creating a new entity, VFTP, to handle production and associated liabilities. This move aims to improve capital efficiency and accelerate the EV maker's path to profitability, with VFTP potentially exploring contract manufacturing. The core VinFast business will focus on R&D, sales, and customer service, adopting an asset-light model.

Former Tata Sons vice chairman argues an IPO can undermine the company’s special role in the group, and may not unlock much value

Taylor Swift and Travis Kelce might be pretty public about the love they have for each other but they remain private about their wedding, as billions wait for their wedding. As they continue to turn heads across continents, there have been questions about a potential strict prenuptial agreement being signed between them, before the two tie the knot.

UK's Prudential plc is acquiring a 75% stake in Bharti Life Insurance for Rs 3,500 crore, gaining operational control and marking a strategic reset for its India business. This move allows Prudential to deploy a wider product suite and leverage Bharti's domestic reach, aiming to boost insurance penetration in India.

Amid 44°C temp, enumerators in Gzb & Noida ‘avoiding afternoon hours’

Facing the loss of a cherished family member is a profound challenge, and the added realization that their fixed deposit lacks a will or nominee can feel daunting. But don't despair—the money is still retrievable. This informative guide is tailored for legal heirs, detailing the steps to reclaim these funds, including securing heirship evidence and providing an indemnity bond.

The Browns are not actively shopping Myles Garrett, but insiders believe the possibility of a blockbuster trade has not been fully ruled out. A recent contract modification reportedly created more post-June 1 flexibility, fueling speculation around teams like the Eagles, Lions, and Cowboys. Cleveland would likely demand multiple premium draft picks for the All-Pro pass rusher, whose value remains extremely high after another dominant season. While a move before Week 1 still appears unlikely, Garrett’s absence from offseason work and ongoing league chatter continue to keep the rumors alive heading toward training camp.

1.10L Enumerators To Conduct Door-to-door Survey Across 34 Districts

Elon Musk is on the cusp of becoming the world's first trillionaire as SpaceX prepares for a monumental IPO, potentially the largest in Wall Street history. The company's $1.25 trillion valuation could significantly boost Musk's net worth, fueled by his majority stake and ambitious plans for AI, Starlink, and Mars colonization.

French luxury giant LVMH is selling its stake in Marc Jacobs for Rs 7,090 crore to a joint venture of WHP Global and G-III Apparel Group. While LVMH shifts focus to heritage brands, Marc Jacobs remains Creative Director. This marks a significant shift in the luxury market's strategy, with brand managers taking a larger role.

The Indian VCs behind Silicon Valley’s two new religions – SpaceX and OpenAI

Michael Jackson's estate has been embroiled in disputes since his 2009 passing. While executors John Branca and John McClain managed assets, including selling parts of his music catalog and Neverland Ranch, beneficiaries like Paris Jackson raised concerns about financial mismanagement and alleged 'skimming.' A recent legal victory for Paris saw executors ordered to return substantial bonus payments to the estate.

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