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FOREIGN FUND FIDELITY
Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.- America's subpar diplomats aren't the world's only choiceThe United Nations, once a global peace beacon, now struggles for relevance. Superpower politics and a decline in multilateralism have dimi...
- Why Indian investors are looking at space economy ETFs ahead of SpaceX IPO: Subho Moulik of Appreciate decodesIndian investors are eyeing the global space economy ahead of the SpaceX IPO. With no pure-play listed space companies in India, global ETF...
- AI chipmaker Cerebras is said to target up to $4 billion in IPOAI chipmaker Cerebras Systems is preparing for a massive initial public offering. The company aims to raise up to four billion dollars, val...
- RMZ to invest USD 35bn to build digital infra, housing, commercial projects, exploring IPORealty firm RMZ on Monday said it plans to invest USD 35 billion over the next five years to develop data centres, AI factories, commercial...
- NSE-BSE bulk deals: Nomura, Goldman Sachs, Fidelity stock up CAMS on debutVanguard Group bought shares of Can Fin Homes, while Caladium Investment offloaded some of its stake.
- Fidelity MF unitholders get 30 days to redeem holdings without a feeFidelity Mutual Fund will open a 30-day window from October 15 to allow unitholders to redeem their holdings without a fee.
- Fat bonus awaits Fidelity MF staff moving to L&T MFAccording to HR consultants servicing asset management companies, the payout could be “significant” as Fidelity intends to hand out a “part...
- Distributors shy away from Fidelity MF after fund saleLeading distributors are shying away from recommending Fidelity Mutual Fund's equity schemes to their clients.
- L&T Finance buys Fidelity's mutual fund business in IndiaL&T Finance has agreed to buy Fidelity Worldwide Investment's Indian funds, becoming the 10th-biggest equity fund house in a highly fragmen...
- Heard on the Street: PEs may bid for Fidelity's local MF businessPrivate equity players focused on financial services space are said to be interested in buying Fidelity’s domestic mutual fund business.
- Fidelity set to sell India business; seeks Rs 350 croreInternational mutual fund giant Fidelity is considering the sale of its India business, hurt by mounting losses and years of underperforman...
- Fidelity may shift base from Hong Kong to IndiaFidelity Mutual Fund may be forced to shift its trading desk from Hong Kong to India with the capital market regulator, Sebi, deciding that...
- Tata Sons offloads over 2pc of Tata Motors DVRs for 157 crTata Group holding company Tata Sons has sold part of its differential voting right, or DVR, holding in Tata Motors in the open market.
- Fidelity offloads 2% stake in MCX to Passport IndiaLeading foreign institutional investor Fidelity International is said to have sold around 2% stake in MCX to Passport India, an existing sh...
- Fidelity MF launches equity fund, plans intl funds in IndiaFidelity Mutual Fund today announced the launch of its Fidelity India Value Fund, an open-ended, diversified equity fund.
- Now, December deadline to shed foreign stake in commexesThe deadline for foreign investors to bring down their holdings in commodity exchanges to below 5% has been extended by three months to Dec...
- Now, December deadline to shed foreign stake in commexesThe deadline for foreign investors to bring down their holdings in commodity exchanges to below 5% has been extended by three months to Dec...
- Fidelity reduces stake in Satyam Computer to 6.47 pcForeign fund house Fidelity has offloaded 12 crore shares of the beleaguered IT firm Satyam Computer through open market transactions.
- MFs line up schemes to invest abroadFidelity & Sundaram BNP Paribas MF plan to offer products to Indian investors that will invest abroad.
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