Stock market is a slave of earnings: Saurabh Nanavati, Religare Invesco AMC"I would say equity as an asset class continues to remain attractive compared to real estate and gold."
22 Feb, 2016, 03.01 AM IST
Foreign firms cash out as mutual funds near Rs 15-lakh crore markThe industry is hopeful of trebling its AUM to around Rs 40 trillion over the next three years.
21 Dec, 2015, 12.44 PM IST
Religare Enterprises set to exit Indian AMC, to sell 51 per cent take for Rs 700 croreDelhi-based Religare Enterprises is set to exit from the Indian asset-management company (AMC) that it controls.
19 Nov, 2015, 04.15 AM IST
Malvinder and Shivinder Singh looking to exit Religare Enterprises, Bain Capital, Baring in frayThe current market cap of Religare Enterprises is Rs 6,539.35 crore. Even at today's price, a 51% stake sale will generate at least Rs 3,25...
04 May, 2015, 12.57 PM IST
Companies switch to commercial papers to retire high-cost bank loansHinduja Leyland Finance is the latest to join the game, having raised Rs 250 crore through the sale of commercial papers at a 9% rate.
09 Jan, 2015, 03.25 PM IST
Mutual Fund houses line up corporate debt fund offers as economy improvesAs the economy and macro numbers improve, companies will look at raising money by issuing bonds. For fund houses, this is an investment opp...
12 Sep, 2014, 05.29 AM IST
Sebi unveils stringent disclosure norms for mutual fund industrySebi has asked the players in mutual fund industry to make monthly disclosures about group investment in their assets under management.
14 Feb, 2014, 04.10 PM IST
AMFI board meets as Sebi prepares long-term MF policyTop honchos of mutual fund industry discussed various issues affecting the business as also a long-term policy, being finalised by regulato...
12 Feb, 2014, 10.49 PM IST
Religare Invesco Mutual Fund says group investments at 1.04 per cent of AAUMReligare Invesco MF has said that the investment of group companies in its schemes for the quarter ended Dec 31, 2013 stood at Rs 143.15 cr.
12 Feb, 2014, 12.16 PM IST
Religare Invesco MF says group investments at 1.04% of AAUMReligare Invesco Mutual Fund (RIMF) today said the investment of group companies in its scheme for the quarter ended December 31, 2013 stan...
11 Feb, 2014, 09.18 PM IST
HDFC MF acquires Morgan Stanley schemes worth Rs 3,290 croreThe purchase is expected to help the fund widen gap with Reliance, second biggest MF house & consolidate its position at the top of the ind...
24 Dec, 2013, 10.07 AM IST
Not much for investors to get excited about: Vetri Subramaniam, Religare Invesco AMC"Making a new price high in nominal terms is not really all that significant considering that it has taken us more than five years to get b...
07 Nov, 2013, 12.13 PM IST
Daiwa Mutual Fund calls it quits, to sell assets to SBI Mutual FundDaiwa Mutual Fund, which has an asset size of Rs 266 crore, is part of the Tokyo-based Daiwa Securities Group, a leading financial services...
05 Jun, 2013, 05.22 AM IST
- CCI approves Religare's 49% stake sale in mutual fund business to Invesco
CCI today said it has approved Religare group's 49 per cent stake sale in its mutual fund business to global investment management firm Inv...
15 Nov, 2012, 07.23 PM IST
Daiwa Mutual to sell portfolios, but may retain MF licence hereThe company will soon start looking around for potential buyers for the fund portfolios, said a source close to the development.
07 Nov, 2012, 05.20 AM IST
Invesco buys 49 per cent stake in Religare Asset Management Company at Rs 460 croreUS-based Invesco, a leading global player in the mutual fund industry, has picked up a 49% stake in Religare Asset Management Company for a...
03 Oct, 2012, 10.57 AM IST
US-based Inveso picks up 49% stake in Religare AMC for a tad below Rs 450 croreThis would be the first transaction in the MF industry after market regulator Sebi gave a major relaxation to the sector in August this yea...
27 Sep, 2012, 04.49 PM IST