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Meet Vijay Mallya's Son-In-Law, the man who worked as an Investment banker, his name is…, currently in…
Meet Vijay Mallya's Son-In-Law, the man who worked as an Investment banker, his name is…, currently in…

India.com

time6 hours ago

  • Business
  • India.com

Meet Vijay Mallya's Son-In-Law, the man who worked as an Investment banker, his name is…, currently in…

Vijay Mallya New Delhi: Vijay Mallya, the man who is facing multiple fraud charges in India, grabbed the national media's attention after he appeared in a four-hour-long podcast with Raj Shamani where he talked about a wide range of issues. The podcast, released on Thursday, saw Vijay Mallya expressing his thoughts on returning to India, among other things. When asked if he would be willing to return to India if he is assured a fair trial, to which Vijay Mallya said, 'If I am assured, absolutely, I will think about it seriously.' 'But, you should also be aware that there are other people who the government of India is targeting for extradition from the UK back to India in whose case, they have got a judgment from the high court of appeal that Indian detention conditions are violative of article 3 of the ECHR (European Convention on Human Rights) and therefore they can't be sent back,' he added. Vijay Mallya is undoubtedly one of the most popular businessmen in India. Just like his professional life, his personal life, too, has often been in the limelight. While everyone knows about Vijay's son, Siddharth Mallya, very few people know that he is the father of three daughters. Vijay Mallya has two biological daughters with his second wife, Rekha Mallya, and an adopted daughter, Laila Mallya, who is Rekha's child from a previous marriage. Laila is married to Samar Singh, who prefers to stay away from the public eye. Here in this article, we will take a closer look at Vijay Mallya's lesser-known son-in-law. Vijay Mallya's son-in-law, Samar Singh: Samar Singh, Vijay Mallya's son-in-law, studied at GD Somani School He then graduated from Sydenham College. Samar went on to work in Tanzania as an investment banker. As per multiple reports, Samar also managed a Stock Trading and Finance business in Mumbai. To recall, Samar Singh was seen helping NCP leader Parth Pawar with a marketing campaign for the Lok Saba elections in 2019. Parth Pawar is the son of Maharashtra's former deputy chief minister, Ajit Pawar and nephew of NCP supremo Sharad Pawar. Many other sources close to Parth took Samar's side and shared that Samar and Parth have known each other for ages and are close friends. Vijay Mallya's Father: Vijay Mallya's father, late Vittal Mallya, was a known name in the world of business entrepreneurship and made his name by creating a big empire with a focus on the alcohol industry. Vittal led big brands Kissan, Cadbury, Berger Paints, Hindustan Polymers, Mangalore Fertilisers, British Paints and Mysore Electro-Chemical Works.

City colleges introduce financial planning courses in curriculum
City colleges introduce financial planning courses in curriculum

Hindustan Times

time12-05-2025

  • Business
  • Hindustan Times

City colleges introduce financial planning courses in curriculum

MUMBAI: Recognising the need for structured education in financial planning, a number of educational institutions in Mumbai are stepping forward with specialised programmes that blend academic learning with practical, real-world financial expertise. From the upcoming academic year, institutions like Sydenham College, K J Somaiya Institute of Management and S P Jain School of Global Management will launch new courses in financial planning, wealth management and applied finance. These programmes aim to equip students not just with theoretical knowledge but with actionable skills and globally recognised certifications that can prepare them for careers in a rapidly evolving financial ecosystem. The rise of 'finfluencers'—social media personalities offering financial advice—has caught the attention of both the public and regulators. According to a recent study by the Certified Financial Analyst (CFA) Institute, nearly 82% of retail investors influenced by social media reported acting on the advice received, yet only 2% of content creators are registered with SEBI. This alarming gap underlines the risks involved when financial literacy is shaped by unverified sources. 'What stands out in this research is the potential for social media and finfluencers to democratise access to financial information,' said Arati Porwal, senior country head, India, of CFA Institute. 'However, with that potential comes the responsibility of ensuring that advice shared is transparent, accurate and ethical. Having spent years working to build trust between investors and finance professionals, this is a critical moment for collaboration between regulators, platforms and content creators.' To address this growing need, several professional bodies around the world have begun partnering with universities and traditional educational institutions to integrate their specialised courses into formal academic programmes. Sydenham's MSc in finance now integrates the globally recognised Certified Financial Planner (CFP) credential, with the Financial Planning Standards Board (FPSB) India as a knowledge partner. This full-time, two-year course, with access to internships, live projects and mentorship from industry leaders, opens the doors to careers in investment analysis, tax planning, corporate finance and more. K J Somaiya Institute of Management is also offering an executive PGDM in financial planning—a dual qualification course tailored for professionals with at least three years of experience in financial services. Participants will receive a postgraduate diploma from the institute along with the CFP certification. 'The Indian economy is projected to reach a GDP of $7 trillion by 2030, with the number of millionaires set to double by 2026,' said the institute's director Raman Ramachandran. 'This surge in wealth creation is driving a growing demand for skilled financial planners.' Krishan Mishra, CEO of FPSB India, said there was a pressing need to distinguish between genuine financial expertise and unregulated advice. 'This partnership represents a significant step in developing a workforce equipped with both the technical expertise and professional ethics required in today's financial services sector,' he said. Prof Rajanish K Kamat, vice-chancellor of Homi Bhabha State University, emphasised the value of empowering students with globally recognised credentials and future-focused skills. 'Financial planning education is essential for building a secure future and we will equip students with globally recognised skills through the CFP certification, preparing them to excel as ethical and skilled professionals in the evolving financial planning landscape,' he said. Meanwhile, the S P Jain School of Global Management is launching a 12-month Master of Applied Finance and Wealth Management (MFWM) programme, spanning Mumbai and Dubai. 'The finance industry is evolving rapidly, and professionals today need a unique blend of technical expertise, practical experience, and global exposure to stay ahead,' said the programme director Arindam Banerjee. Banerjee added that the curriculum would include the core principles of applied finance with in-depth training in wealth management, offering students a comprehensive understanding of client portfolio construction, risk and insurance advisory, tax planning, real estate and retirement strategies and financial engineering. The CFA Institute is also playing a growing role in shaping ethical investment education in India. Paul Moody, managing director of global partnerships at the institute, highlighted ongoing efforts to reduce costs and expand access. 'This is an international degree, and we're working to make it more affordable,' he said. 'We've recently reduced the cost of Level One and expanded scholarship options. We're also in talks with several universities for academic tie-ups.' Currently, 37 Indian institutions, including IIM Mumbai and IIM Nagpur, are affiliated to the CFA program.

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