Skip to content
Search

Latest Stories

Hinduja Group partners with Focus Financial Partners to launch global wealth advisory

THE UK-based Hinduja Group has launched Berryllus Capital, a global wealth advisory firm, by partnering with US-headquartered Focus Financial Partners.

The new joint venture will focus on investment management, investment banking and real estate advisory for ultra-high net worth families around the world.


Focus Financial Partners has offices in London, Geneva and Singapore, and provides advice and integrated strategies for managing client investments, philanthropic endeavours and legacies.

“We are partnering with great optimism on Beryllus Capital with Focus Financial Partners. This is an important strategic alliance. Beryllus Capital will address the bespoke needs of ultra-high net worth families on a global scale, with outstanding professional and governance standards,” said G P Hinduja, co-chairman of the Hinduja Group.

Beryllus Capital will be led by Amit Kotha – a founder and veteran senior wealth advisor based in London. Most recently, he was the managing director for enterprise strategic clients at Royal Bank of Canada

"Our strength lies in the long-standing connections that our founding partners have with some of the most influential families in the world,” said Kotha.

“The calibre and expertise of our leadership is also an important source of differentiation, and the Beryllus Capital team brings together outstanding advisory capabilities together with an integrated chief investment office desk.

“With the backing of clients with whom I have worked with for many years, as well as Focus Financial Partners, a leader in independent wealth management, I am confident that Beryllus Capital will establish a new standard for multi-family offices worldwide."

Rajini Kodialam, co-founder and chief operating officer of Focus Financial Partners, said: “Beryllus Capital will benefit from Focus' expertise, scale and growing international footprint. Beryllus leads our expansion into Europe and Asia, and is another outstanding example of how we are expanding our presence in the ultrahigh net worth segment."

The Hinduja Group has investments in automotive, finance, media and health care in almost 40 countries, according to its website. The Hinduja family topped the Eastern Eye Asian Rich List in 2019 with an estimated wealth of $23 billion.

More For You

Anil Agarwal

Vedanta Resources, which is based in the UK and owned by Indian billionaire Anil Agarwal, has been working on reducing its debt. (Photo credit: Getty Images)

Getty Images

Anil Agarwal’s Vedanta Resources signs £438 million refinancing deal

VEDANTA LTD said on Thursday that its parent company, Vedanta Resources, has signed a loan facility agreement worth up to £438 million with international banks to refinance existing debt.

The refinancing move, where old loans are replaced by new ones, often at better terms like lower interest rates, has led ratings agencies such as S&P Global Ratings and Moody's to upgrade their outlook on the company this year.

Keep ReadingShow less
Trump-Getty

Trump said that while deals are being made with some countries, others may face tariffs.

Getty Images

Trump says major trade deal with India may be finalised soon

US PRESIDENT Donald Trump on Friday said a "very big" trade deal could be finalised with India, suggesting significant movement in the ongoing negotiations between the two countries.

“We are having some great deals. We have one coming up, maybe with India. Very big one. Where we're going to open up India," Trump said at the “Big Beautiful Bill” event at the White House.

Keep ReadingShow less
Asda suffers nearly £600m loss as debt and IT costs surge

Asda co-ownerMohsin Issa. (Photo: Asda)

Asda suffers nearly £600m loss as debt and IT costs surge

ASDA, one of Britain’s largest supermarkets, has reported a pre-tax loss of £599 million for 2024, swinging sharply from a £180 million profit the previous year.

The loss comes despite total sales rising by over £1 billion to £26.8bn, as the retailer faces mounting debt costs, falling sales, and spiralling spending on a major IT overhaul, the Telegraph reported.

Keep ReadingShow less
Mounjaro

Mounjaro, or tirzepatide, is part of a new class of weight-loss medications, with trials showing patients losing an average of 20 per cent of their body weight after 72 weeks.

Reuters

Lilly to sell Mounjaro pens in India as Wegovy enters market

ELI LILLY said on Thursday that it has received approval from India's drug regulator to launch pre-filled injector pens of its weight-loss drug, Mounjaro.

The move gives the company more options to compete with Novo Nordisk, which recently launched its weight-loss drug Wegovy in the country.

Keep ReadingShow less
Grant Thornton's Anuj Chande urges UK firms to tap booming India

Anuj Chande

Grant Thornton's Anuj Chande urges UK firms to tap booming India

INDIAN companies are well placed to support the UK’s economic growth, Eastern Eye has been told by Anuj Chande, partner and head of the South Asia Business Group at Grant Thornton.

He was speaking after the publication of Grant Thornton’s India Meets Britain Tracker 2025: The latest trends in Indian investment in the UK, which was released last week. While companies in India need little encouragement to enter the UK market, the reverse is not true.

Keep ReadingShow less