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SUUTI HOLDINGS
Irda asks LIC to get board nod for SUUTI stake buyThe insurer is keen on buying the stake of SUUTI, an organisation that the government carved out of the Unit Trust of India to save the mut...27 Oct, 2016, 12.12 PM IST- Axis Bank shares fall 6% on SUUTI stake sale buzzSUUTI holds an 11.94 per cent stake in Axis Bank worth Rs 15,309 crore based on the bank's stock price.24 Sep, 2016, 10.42 AM IST
- Government shortlists bankers to manage stake sale in SUUTI portfolio companiesHSBC, JM Financial and SBI Capital Markets – have also been selected should any of the first three runs into a conflict-of-interest situati...12 Sep, 2016, 01.59 AM IST
- Government invites merchant bankers to sell SUUTI stakeAs a criterion, the RFP said SUUTI will rank the appointed merchant bankers and may use only up to three merchant bankers for a particular ...24 Aug, 2016, 10.19 PM IST
- SUUTI stakes sale faces hurdles; bankers say fine print too restrictiveThe bankers raised this issue at a July 18 pre-bid meeting attended by over 40 bankers from top foreign and domestic merger advisory firms ...22 Jul, 2016, 03.37 AM IST
- SUUTI-linked stocks rise on LIC stake buying talkAll these stocks traded higher on Thursday, with ITC gaining 0.20 per cent, Axis Bank 0.55 per cent and L&T 0,70 per cent.14 Jul, 2016, 02.32 PM IST
- Government starts process for sale of SUUTI HoldingsAs a first step, it has invited applications from merchant bankers in a request for proposal (RFP), which says the sale process is expected...09 Jul, 2016, 06.57 AM IST
- Government may not dilute SUUTI stake in listed companies this fiscalGovernment is not likely to dilute stake in private companies that it holds through SUUTI as it expects to meet the disinvestment target fo...25 Apr, 2016, 07.20 PM IST
- Not desperate to sell SUUTI stakes, says economic affairs secy Shaktikanta DasSpecified Undertaking of UTI, or SUUTI, came into being in February 2003 following the split of the Unit Trust of India.03 Mar, 2016, 05.21 AM IST
- Government mulls another ETF comprising stocks of L&T, ITC and Axis Bank and some blue chip PSUsThe 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...23 Sep, 2014, 09.26 AM IST
- Government defers SUUTI closure, paves way for stake sale in private companiesThe Union Cabinet has deferred its earlier decision to create an asset management company for Specified Undertaking of UTI or SUUTI.10 Jan, 2014, 01.00 AM IST
- Let SUUTI sell its blue-chip sharesFinance ministry’s proposal to let the SUUTI sell shares of Indian companies originally held by it is a good way to raise revenues.26 Nov, 2013, 05.15 AM IST
- SUUTI may become holding company for PSBsThe union cabinet has already approved a proposal to wind up SUUTI and shift its assets to a new asset management company.16 Jul, 2012, 04.05 AM IST
- SUUTI eyes Rs 7K cr from sale of 17% in Axis BankState-owned Special Undertaking of UTI (SUUTI) is looking to offload part of its stake in Axis Bank, country’s third-largest private sector...17 Aug, 2009, 02.37 AM IST
- SUUTI to transfer residual stake in L&T, ITC to govtThe residual stake held by the Specified Undertaking of UTI in L&T and ITC will be transferred to the government after March 2009 when the ...30 Aug, 2008, 02.41 AM IST
- ITC, L&T on alert as SUUTI begins to sell off assetsITC and L&T gear up as the countdown begins for the sale of stakes the Specified Undertaking of Unit Trust of India (SUUTI) hold in these b...08 May, 2008, 04.09 AM IST
- UTI Bank share buy may extend SUUTISUUTI, which manages the assets and liabilities of the guaranteed return schemes of the erstwhile UTI, may continue to exist beyond April 2...28 Jul, 2007, 03.47 AM IST
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