The government had earlier explored the idea of setting up a Na tional Asset Management Company (NAMC) that could act as a nodal agency to ...

The meeting, which will also be attended by Financial Services Secretary Anjuly Chib Duggal, will discuss ways of resolution of stressed as...

The govt had been examining various options such as an offer for sale to monetize its holding in SUUTI but now seems to have zeroed in on a...

Surge in stock prices of Larsen & Toubro, Axis Bank and other companies has delivered a bonanza for the new government.

The Union Cabinet has deferred its earlier decision to create an asset management company for Specified Undertaking of UTI or SUUTI.

The union cabinet has already approved a proposal to wind up SUUTI and shift its assets to a new asset management company.

The government approved winding up of Specified Undertaking of the Unit Trust of India (SUUTI) and creation of National Asset Management Co...