Angel solutions

Angel solutions J With the right people guiding your wealth in the right direction, there is no limit to what you can achieve.

The biggest risk in life for people who run fast is that of running fast in the wrong direction. Wealth Solutions provides end-to-end integrated wealth advice, tailor-made to suit your specific needs. The Electus team’s expertise & advice can make that critical difference, helping you enjoy the good life while we take care of your wealth strategies. In this process, we follow a 4-step process & th

ey are

Review of your current investments
Developing your Wealth Plan
Executing your Wealth Plan
Reporting & reviewing your Wealth Status

We also help clients with significant wealth in building their Family Office to help manage not only their investment but also help them on issues related to Family Governance, Estate & Succession Planning, Philanthropy, Formation of Trusts. Business Segment focuses on providing wealth management advisory sources to the High Net worth Individuals with investments ranging from Rs 5lacs to Rs 5 crore. Wealth Solutions offers the widest breadth of products and services, providing clients a variety of options through a single contact. The services we provide include Wealth Review & Investment Strategy, Comprehensive Financial Planning, Goal Driven Investing, Risk Management, Property Purchase and Financing, Retiree Services, Family Office Practice, ESOP advisory among others. Along with Advisory Services we also help invest in various Domestic and International Products such as Structured Products, Private Equity, Portfolio Management Services, Equities, Debt Instruments, Commodities, Mutual Funds, Insurance, Real Estate among others. Our expertise and advice make the critical difference in helping high net worth individuals. Being a neutral advisor and putting clients needs first, ensures our clients get wealth management solutions to manage their hard-earned money and reap the benefits from the investments. HNI Broking

HNI Broking is a specialized division set up to cater to the equity trading needs of high net worth individuals and corporate clients. Our delivery & support modules have been fine tuned by giving our clients access to online portfolio information, constant updates as well as value added advice on portfolio, sector switches etc. As a Client, you are given the option of either purchasing equities to build your portfolio or availing of our comprehensive trading solution in the cash and F&O segments with online & offline facility. This is backed by in-depth research & analysis from our experienced team. Our broad equity investment strategies are derived from understanding individual client profiles & risk return expectations. We help you with strategies for investments in equities, trading in derivatives, hedging etc. We constantly monitor your portfolios & suggest portfolio rebalancing from time to time in order to ensure our clients get more out of life. International Business

Wealth Solutions Business team provides wealth management advisory services to the high net-worth individuals who are based outside India (NRs). We offer a suit of specialised services, including access to a wide range of products for investment, research backed advice, customised solutions and facilitation of opening NR focussed bank accounts. We provide opportunities to our International Business clients through an extensive array of investment options in equity, debt, international funds, real estate, commodities or insurance that will strengthen their portfolio. wealth solutions enables you to relax & enjoy your life. We will do everything to ensure that you get more out of life, while we ensure your financial investments perform in the most optimal manner depending on your investment objectives & the investment classes you would want to invest in. people from India as well as NRIs are benefitting from our services and the expanse of our clients speaks volumes about the expertise of our team. The model that we incorporate is based on extensive interviews with the clients based on their risk profile, investment techniques, time horizon of the fund, and their specific financial goal. This aggregates and culminates in achieving the set targets and client satisfaction and achieving our motto of “CREATING CUSTOMERS WEALTH AT EVERY STEP OF LIFE.”

We also pay special attention to answer the queries of the clients promptly and punctually

09/12/2013

I am normally a happy person. I am happier today. I am happy that Arvind Kejriwal has won. I am happy that AAP has got 28 seats. I am happy that AAP has got nearly 32 % vote share in its first elections. But are these the real reasons for which I am happier today? I think these are not the real reasons for which I am happy. What difference does it make for me whether Delhi is governed by them or not? Who is Arvind Kejriwal ? What is AAP? What relation do they have with me? I am not a member of AAP. They are not from my caste/religion/region etc. I don’t know any of them personally. They are not even entertainers like Sachin / Amitabh etc who have given me a reason to smile through their profession. So why am I happy for 'their' win? An introspection makes me realise that I am not happy for them. I am happy for myself. I am happy that a party which talks of issues of common man and not of history/religion/caste, etc has been recognised by the people. I am happy that there is atleast one party which had decided that it will spend only 20 crores on Delhi elections and had actually stopped accepting donations after meeting the target. I am happy that atleast one party has given all the details of every single rupee collected and spent. I am happy that a party has agreed to be transparent and come under RTI. I am happy that a party is interested in bringing a strong lokayukta/ lokpal. I am happy that a party has decided not to field any criminals as its candidates. I am happy that for the first time in India a party has withdrawn a candidate because he had not disclosed a pending case of dowry against him. I am happy that a party has fought elections without money, muscle and liquor power. I am happy that a party has respected the mandate and rejected the offer to form a government with the help of the support of the parties against whom they fought. I am happy that someone has accepted the challenge by arrogant politicians to enter into the politics and then change the things. I am happy that some people have shown the courage to take the blame of getting into the ‘dirty’ politics and clean it. I am happy that one man has put the nation ahead of his personal ego and image. I am happy that people of atleast one state have realised all these and shown the courage to think beyond the corrupt and conventional options. I am happy that if not me, atleast my next generation has a hope of getting a good government at the center. I am happy that a hopeless nation now has a hope. And I am happy that if not me, atleast somebody else has taken a decision to sacrifice everything and strive to bring a smile on the face of a common man….. Yes. I am happy. And I am Happy for myself. Thank You and everyone else associated with this movement, for making me happier

31/01/2013

FOCUS........

I was jogging one day and i noticed a person in front of me, about 1/4 of mile. I could tell he was running a little slower than me and I thought, good, i shall try to catch him. I had about a mile to go my path before i needed to turn off.

So i started running faster and faster. Every block, i was gaining on him just a little bit. After just a few minutes i was only about 100 yards behind him, so i really picked up the pace and push myself. You would have thought i was running in the last leg of London Olympic competition. I was determined to catch him.

Finally, i did it! I caught and passed him by. On the inside i felt so good.
"I beat him" of course, he didn't even know we were racing.

After i passed him, i realized i had been so focused on competing against him that i had missed my turn. I had gone nearly six blocks past it. I had to turn around and go all back. Isn't that what happens in life when we focus on competing with co-workers, neighbors, friends, family, trying to outdo them or trying to prove that we are more successful or more important?

We spend our time and energy running after them and we miss out on our own paths to our God given destinies. The problem with unhealthy competition is that its a never ending cycle.

There will always be somebody ahead of you, someone with better job, nicer car, more money in the bank, more education, a prettier wife, a more handsome husband, better behaved children, etc. But realize that "You can be the best that you can be, you are not competing with no one." Some people are insecure because they pay too much attention 2 what others are doing, where others are going, wearing driving.

Take what God has given you, the height, weight personality. Dress well wear it proudly! You'll be blessed by it.
Stay focused and live a healthy life.

There's no competition in DESTINY, run your own RACE and wish others WELL!!!

23/01/2013

Resilient dynamism is this year’s theme at the
World Economic Forum which is underway at
Davos. Corporate and political bigwigs are in
attendance to project India as an investing
destination.
After accelerating at the start of the year, the Indian
indices are appearing a bit circumspect. Selling
pressure in afternoon trade dragged Nifty below 6050
levels turning the short term bias to negative. The
opening is expected to be flat to negative. Among the
earnings to watch would be RCom. Investors were
disappointed with HUL after it announced an increase
in royalty payment to the parent.
On the political front, Rahul Gandhi has charged up
emotions with his recent speech while the BJP
seems to have decided to let go of Nitin Gadkari as
BJP president. Gadkari will submit his resignation
today and Rajnath Singh is expected to take over as
head of the party.

23/01/2013

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23/01/2013

If the finance minister is so keen to cut down on gold imports, here are five ways to do it.

First, make the interest earned on bank deposits tax-free up to a liberal limit – says up to Rs 2 lakh per annum. Currently, even a 9 percent fixed deposit rate yields an after-tax return of just over six percent. Now, when consumer inflation is at 10 percent, how is 6-and-odd percent a real return? Gold exchange-traded funds yielded more than 10 percent last year – and long-term capital gains are tax-free. As for physical gold, it’s almost always tax-free since the transaction is often in cash.

Second, treat gold the same as shares. Anyone who declares his gold holdings can be treated as having bought the stuff legitimately – even if he got it from the smuggler. Only, he would be required to pay short-term capital gains taxes on the same. Long-term gains are anyway tax-free. This will not only work as an amnesty scheme, but also improve government revenues from gold and build trust about its intentions on gold.

Third, introduce inflation-indexed bonds that yield, say, two or 2.5 percent more than the wholesale price index, or 1 percent above the consumer price index. This will make the government’s anti-inflation credentials more believable.
Reuters

Those who only want to hold gold as a hedge or as a form of diversification of assets will be happy to opt for other alternatives.Reuters

Four, abolish all taxes – both on interest and capital gains – on government bonds held by retail investors up to a limit – say upto Rs 50 lakh of holdings. This will not only improve the government’s penchant for the monetisation of debts, but also enable it to borrow at lower rates by widening the customer base beyond banks and financial institutions. Everyone knows governments don’t default.

Five, let the Reserve Bank of India float an ETF based on its own gold holdings, but with one caveat: the gold will be physically delivered to holders, if they want it, only after seven years. This could dent immediate physical demand for gold from those who are accumulating it for a rainy day. Seven years hence, who knows, we may be able to free all gold imports. People may be happy to collect the gains in rupee – which the RBI has plenty of.

The underlying assumption in these suggestions is this: those who love gold will continue to acquire it any which way they can. But those who only want to hold gold as a hedge or as a form of diversification of assets will be happy to opt for other alternatives.

These are the people to target.

18/12/2012

The Reserve Bank of India on Tuesday left its key policy rate unchanged in its mid quarter (October-December) monetary policy. Cash reserve ratio (CRR) or the portion of deposits banks keep with the central bank also remained at 4.25%.

14/12/2012

The Dalal Street pulled up after a sluggish start today. The Nifty ended 0.5 percent higher at 5,880. The Sensex also closed up around half a percent, at 19,317.

In an interview to CNBC-TV18, Amisha Vora, joint managing director of Prabhudas Lilladher says the policy changes, which have happened in India, are showing the renewed vigour of the government. "We will now probably focus little more on the fiscal cliff in US. It will also have some bearing on the market," she asserts.

According to her, GST would be one of the big game changers for India in 2013. "Globally, I think all eyes are still set on US," she adds.

The central bank will announce its credit policy on December 18. Vora says the changes in RBI's tone, which will determine the mood of the market, will probably help it come out of this range. "I think the decisive move should start in January. On Tuesday, the commentary change or a bit of optimism can be there, but I think the real action probably will start from January," she elaborates.

She feels one or two more successful disinvestments by the government will also be very critical as the pressure on deficits will look little more manageable.

12/12/2012

Key equity benchmarks ended trade directionless on Wednesday, despite a better-than-expected October IIP number. The Sensex closed the session down 31.88 points or 0.16 percent at 19355.26, while the Nifty ended 18.00 points or 0.31 percent down at 5880.80.

Aided by smart recovery in manufacturing growth, factory output grew 8.2 percent in October compared with the 5 percent contraction recorded in the same month last year. Analysts polled by CNBC-TV18 had expected a rise of 4.5 percent in October output. (More on IIP)

Mahindra and Mahindra was the top gainer on the Nifty today, after reports suggested that the auto major is looking to raise vehicle prices by over a percent. Bank of America Merril Lynch has raised its target on the stock to Rs 1,035, foreseeing a trend reversal in the tractor segment. Autos overall as a sector did well; Bajaj Auto up 2.57 percent and Hero Motocorp up 1.92 percent.

Shares Kingfisher Airlines and Jet Airways closed the session up close to 5 percent after CNBC-TV18 reported that Etihad executives are scheduled to meet Jet Airways and Kingfisher Airlines top officials. Sources told the channel that Etihad's senior executives have been favouring Jet, but decision in this regard is not yet finalised.

Other major gainers of the day were Reliance (up 1.53 percent) and Sun Pharma (up 1.35 percent).

Among the top losers of the day, HUL lost nearly over 2.5 percent after Unilever Indonesia announced the change in the rate of royalty to be paid to its parent company, Unilever. HUL currently pays a royalty of around a percent, which is a significantly lower than the 3.5-6 percent most other MNC subsidiaries pay to the parent company.

Other losers include the likes of BHEL (down 2.04 percent), GAIL (down 2.01 percent). Grasim (down 1.76 percent) and HDFC (down 1.74 percent).

But the big story of the day was that finally there seems to be some breakthrough in the banking bill logjam. Finance minister P Chidamabram told reporters today that the government and the opposition have reached an agreement on passing the bill in parliament. BJP sources too indicated the same.

11/12/2012

Gulf carrier Etihad Airways is close to buying a 48 percent stake in debt-ridden Indian carrier Kingfisher Airlines for a little over Rs 3000 crore, the Mumbai Mirror reported on Tuesday.

A formal announcement of the deal could come around December 18, the birthday of Kingfisher's flamboyant chairman, Vijay Mallya, the newspaper said, without saying how it got the information.

Kingfisher, whose planes have been grounded for the past two months, declined to comment on the report. Etihad did not immediately respond to an email sent by Reuters.

Abu Dhabi-based Etihad will initially buy a 30 percent holding in December and a further 18 percent by next August, the paper said, adding Etihad and Kingfisher refused to deny or confirm the stake sale.

Battling stiff competition and high operating costs, Indian carriers have been in talks to sell minority stakes to foreign investors. Etihad was reported to be eyeing buying a stake in Jet Airways , India's largest airline by total passengers carried.

Kingfisher, which Mallya launched with much fanfare in 2005, was once India's second-largest airline by domestic market share. For most of this year, the carrier has struggled to pay its staff and has not flown since early October due to protests and safety concerns.

According to one estimate, it is saddled with roughly USD 2.5 billion in debt.

Kingfisher shares were up 4.7 percent in early trade on Tuesday.

06/12/2012

BSP chief Mayawati finally came to the issue of FDI in retail and hinted at supporting the government by speaking against the BJP. Speaking during the FDI debate in the Rajya Sabha, Mayawati said, "It is important to see in which sector foreign investment will be done. For any developing country, investment in all sectors is important." "FDI is needed for developing countries. FDI should do value addition," Mayawati added.

She also said that there is a perception in people's minds that FDI affect farmers and small traders, therefore, no decision should be taken without proper analysis and discussion. But she added that the plus point for the current FDI policy of the central government is that sates won't be forced to implement it.

2:20 pm: BSP chief Mayawati attacked the BJP alleging it used the CBI against her. During the FDI debate in the Rajya Sabha, Mayawati said, "CBI's misuse by this government has often been alleged. I would show how BJP misused CBI." Mayawati alleged that the BJP used the CBI to target her in the Taj corridor scam.

Following this, there was an uproar in the House as Mayawati's speech had no mention of FDI in retail. The Rajya Sabha was adjourned for 10 minutes following this.

2:00 pm: Bahujan Samaj Party leader Mayawati attacked the Bharatiya Janata Party during the FDI debate in the Rajya Sabha. Mayawati said Sushma Swaraj was suffering from the 'sour grapes' syndrome.

There was an uproar in the House as BJP MPs objected to Mayawati's comment on Sushma Swaraj. Parliamentary Affairs Minister Kamal Nath defended Mayawti's comment saying usie of the word 'sour grapes' was not unparliamentary.

1:45 pm: BJP leader Arun Jaitley countered facts and figures given by the UPA for endorsing FDI in retail in the Rajya Sabha. Jaitley said that UPA's entire debate on FDI was based on deceptive and exaggerated figures.

He also demanded the government to reconsider FDI and withdraw it. He also appealed to the Parliamentarians to vote against FDI in retail.

1:13 pm: BJP leader Arun Jaitley slammed the government over FDI in retail in the Rajya Sabha and said that the people of India will vote against the UPA if it brings FDI. "If India implements FDI in retail, India will become a country of sales boys, the manufacturing sector will collapse, all the stores will be of international firms. We will be consumers of international products," Jaitley added.

1:00 pm: BJP leader Arun Jaitley criticised FDI in retail in the Rajya Sabha saying it will not benefit local shops. "Domestic retails source their product domestically, international retails source their products internationally where the products are the cheapest," Jaitley said.

"Manufacturing sector will be the first adversely affected sector where there is FDI in retail," he added. Jaitley also challenged Telecom Minister Kapil Sibal to get an international retail store opened in his constituency.

12:50 pm: Leader of the Opposition in the Rajya Sabha Arun Jaitley called the UPA a lame duck government saying, "You are a lame duck government. You need a strong support now," Jaitley said.

"When the government is not able to touch the 272 figure in the Lok Sabha, then a lot is questionable. To reach this number one has to take assistance from many and reach to some understandings. This is a worrying situation," Jaitley added.

12:45 pm: Law Minister Ashwani Kumar cited Walmart China's example during the debate on FDI in retail in the Rajya Sabha. "Walmart went to China 20 years ago, it amounts to 5 per cent of the market in China. It procures 60 per cent of the global procurement from China, so China benefits the most," he said.

12:35 pm: The government refuted the Opposition's claims that FDI will not benefit farmers. "The small and marginal farmers will be the biggest beneficiaries of this policy. The farming community will have a lot to rejoice if this policy is implemented ," Law Minister Ashwani Kumar said in the Rajya Sabha.

12:20 pm: Questioning the government's change of stand on FDI, AIADMK leader V Maitreyan said, "When Manmohan Singh was in the opposition, he opposed FDI in retail, when he is in power, he becomes the prime promoter of FDI in retail. What brought a drastic change in the opinion of PM Manmohan Singh and Sonia Gandhi towards FDI in retail?"

Speaking against FDI in retail, Maitreyan said, "The government is spreading a wrong myth that FDI in retail will bring in employment. "

12:05 pm: AIADMK leader V Maitreyan moved motion on FDI in retail in the Rajya Sabha ad initiated the debate.

Earlier, the Bharatiya Janata Party (BJP) objected to the papers being laid on the FEMA regulations. BJP said the minister needed to explain the regulations as FEMA has far reaching implications.

11:05 am: The Trinamool Congress has compared the debate on FDI to match-fixing saying that a minority government has no locus standi to fix the debate. "Match fixing won't do, minority government won't be allowed to fix debate. The government has to go," TMC leader Derek O'Brien said.

The Samajwadi Party has said that it will not vote in favour of the government on FDI. SP leader Naresh Aggarwal said, "We won't vote in the Rajya Sabha in favour of the government. We won't make our stand clear on walking out."

Meanwhile, AIADMK leader V Maitreyan said the Opposition was prepared for any eventuality in the Rajya Sabha. "Whether debate will go to vote we don't know. The Opposition is prepared for any eventuality. If the arithmetic is clear, the Oppositionn will win," Maitreyan said.

The UPA-II government has won the winter test in the Lok Sabha, defeating the Opposition motions over FDI in retail and changes in Foreign Exchange Management Act. But now its time for an acid test in the Rajya Sabha, where the government is not in a majority.

There were enough indications that the government will have it easy in Lok Sabha when it puts to vote the contentious issue of bringing in FDI in multi-brand retail into India. The going got better when the Samajwadi Party and Bahujan Samaj Party walked out before the actual vote after making noise against FDI. "FDI is anti-farmer, so we decided to walk out instead of voting against it," SP chief Mulayam Singh Yadav said.

With the UPA managing its numbers well, the battle has been won, but the question is whether it can win the war. The bigger hurdle will now come in the Rajya Sabha where the government has already been accused of diversionary tactics to avoid an uncomfortable vote.

The UPA is likely to take advantage of SP and BSP's disruptive politics in the House, that is the charge being levelled by the Opposition leader in the Rajya Sabha, Arun Jaitley. Jaitley said, "The government is unsure of which way the Rajya Sabha vote will go. Therefore, it has no serious intention of allowing the Rajya Sabha conduct its business."

"This government has a terrible track record in the last few days. It wasted the first four days of this session of Pariament because it did not allow a vote and thereafter when it did agree to allow a vote on the FDI resolution, it's either the government members or it's the ruling party members or their allies who jump into the well every morning at 11 and since they are uncomfortable with the number situation in the Rajya Sabha, not a minute of work has been transacted in the Rajya Sabha. The entire opposition and that's the real opposition from the Left or the right is waiting quietly wanting the Question Hour to go on, wanting the zero hour and the debates to go on. It's only the government or its allies who are disturbing the House," Jaitley said.

The government has refuted those charges being levelled by Arun Jaitely claiming the opposition is behaving a like bad loser. Prime Minister Manmohan Singh has already declared that the FDI policy has been cleared. The government is confident of getting the numbers in the Rajya Sabha where the arithmetic is not as clear as it was in the Lok Sabha. "We will manage the numbers in the Rajya Sabha also," Parliamentary Affairs Minister Kamal Nath said.

Meanwhile, RJD chief Lalu Prasad also hit out at the BJP saying, "BJP has never been a party that serves the farmers. It was BJP that had brought 100 per cent FDI proposal in 2004. They failed to implement it, but Congress succeeded."

The numbers in Rajya Sabha:

HOUSE STRENGTH - 244

HALF-WAY 122

UPA 90

CONG (70) + DMK (7) + NCP (7) + OTH (6)

SUPPORT 26

BSP (15) + SP (9) + RJD (2)

OPPOSITION 118

NDA (66) + LEFT (14) + TMC (9) + OTH (29)

NOMINATED 10

Does govt have the numbers?

FOR FDI = 102

UPA 91 + RJD 2 + NOM 9

UPA SHORT OF 20

AGAINST FDI = 101

NDA (66) + LEFT (14) + TMC (9) + ADMK 7 + BJD 5

OPPOSITION SHORT OF 21

UPA OUTSIDE SUPPORT = 24

BSP (15) + SP (9)

If this group votes for FDI

FOR FDI NUMBER INCREASES = 126

IF SP+BSP VOTE AGAINST

AGAINST FDI = 125

BUT IF THIS GROUP ABSTAINS

HOUSE STRENGTH - 220

HALF-WAY 110

FOR FDI = 102 (SHORT OF 8)

AGAINST FDI = 101 (SHORT OF 7)

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