Related News

These are visa free for Indian nationals? Check this out for monsoon holidays

Monsoon is here with gusto, and it’s time we look into a holiday that’s a little bit more special, maybe fancy and romantic, and one that involves international travel. Here

Top cardiac surgeon shares 3 effective tips to naturally lower blood pressure

About 1.28 billion adults aged 30–79 years had high blood pressure, or hypertension, globally as per the data in 2023. An estimated 46% of adults with hypertension are unaware that

What happens when you stop oiling your hair?

Hair oil nourishes the hair shaft with fatty acids, vitamins, and minerals. Without these nutrients, hair can turn weaker over time, which thus eventually leads to issues like hair thinning

5 Bollywood-inspired ethereal golden sarees dipped in luxurious silk

Yesteryear actress Rekha, who simply refuses to age, looked stunning as ever at a popular award show in 2014, decked out in an all-golden Kanjeevaram silk saree. The saree did

5 signs you’re mistaking chemistry for real connection, as per psychology

We’ve all felt it– that spark when you meet someone new. They smile, say the right things, and suddenly, you can’t stop thinking about them. It’s intense, you’re already planning

Lunawat, 1st woman to set up mutual fund biz, get Sebi nod

Word Count: 574 | Estimated Reading Time: 3 minutes

MUMBAI: The Wealth Company, backed by Pantomath Group, on Friday said it has received Sebi approval to launch its mutual fund business. This made the Wealth Company the first fund house in India to be founded by a woman to receive Sebi nod to start an MF business.The company is led by Madhu Lunawat, also a co-founder of the Pantomath Group, a leading investment banking firm in the mid-market segment. Currently, of the nearly 50 fund houses in the country, only one, Edelweiss MF, is headed by a woman, Radhika Gupta, as its managing director & CEO.Lunawat, a chartered accountant by training, is the first Indian woman to independently set up and receive Sebi approval for a non-institutional mutual fund house, a release from the company said. Before co-founding Pantomath, Lunawat had stints with Infosys, ASREC, and the Edelweiss group.“This is not just a moment for me — it’s a moment for every woman who wants to build, lead, and reshape the financial landscape,” Lunawat told TOI. She will be leading the new fund house as its MD & CEO. “We’re here to build something that’s intelligent, long-term, and deeply aligned with the real needs of Indian investors,” she said.The fund house will leverage technology to have a strong presence in the hinterlands. It will also have a client-first approach, she said.

Source link