Wodehouse Capital Advisors, which is managing around Rs 1,400 crore assets of large families and is also a mid-market focused investment bank, has launched an exclusive investment club to serve high networth individuals.
The company claims to have roped in over 200 investors into the club called Wodehouse Investment Network, which is designed to help maximise network and capability to access the best investment opportunities, Wodehouse Capital Advisors Managing Director Manmohan Tiwana said.
The new network will bring together a community of prominent family offices and individuals with significant wealth, he said.
It aims to serve as an impartial networking platform dedicated to non-traditional investment avenues, high-end real estate and art collectibles, Tiwana said.
He said the club's membership is only by invitation and offers selective private investment opportunities with various luxuries and lifestyle-related products.
DCB Bank launches country's first Aadhaar-based ATM
Mumbai: In a first, mid-sized private sector lender DCB Bank has taken a big technological lead over by launching an ATM that dispenses cash without a debit card.
To withdraw cash, all that the customer needs to do is stand before the ATM machine which will verify his/her details based on the Aadhaar details like and fingerprint.
The first high-tech ATM was installed in the Telangana capital, according to a statement from the bank.
The facility also offers the country's first iris eye-scan system to do customer verification services.
"DCB Bank has launched the country's first Aadhaar based iris eye scan customer verification and Aadhaar-based fingerprint operated ATM in Telangana. These services utilise a customer's Aadhaar number, eye scan and fingerprint impression," the bank said in a statement.
NSDL, Thomson Reuters to offer GST solutions
Mumbai: NSDL e-Governance (NSDL e-Gov) and leading global information service provider Thomson Reuters have come together to offer an integrated GST proposition to large and mid-sized corporations.
The MoU seeks to offer solutions to enable seamless calculation and filing of returns under the new tax regime.
Additionally, they will also provide value added services, including validation services, for MSMEs apart from offering tax validation, tax determination and tax compliance services.
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