SUUTI receives 7 bids for ETF fund manager mandateAs government seeks to raise Rs 15,000 cr by sale of residual stakes in ITC, L&T and Axis Bank, it has received seven bids from fund houses...
03 Nov, 2014, 07.12 PM IST
Government may not dilute SUUTI stake in listed companies this fiscalAxis Bank, L&T and ITC are the listed companies in SUUTI. The government wants to retain stake in these companies for the time being, sourc...
08 Oct, 2014, 07.12 PM IST
A good start to wind down Specified Undertaking of UTIThe Centre sold 9% stake in Axis Bank, held by the Specified Undertaking of UTI, to institutional investors through block trades on the sto...
26 Mar, 2014, 03.59 AM IST
- Govt may dissolve SUUTI, to form new company to raise Rs 50K cr
The government is looking at novel ways to meet its ambitious disinvestment target of Rs 40,000 crore under which the assets of SUUTI, spec...
23 Dec, 2011, 01.07 AM IST
- Heard on the street: UTI, L&T
Allen CA Pereira, former chairman and managing director of Bank of Maharashtra, is likely to takeover as administrator of the Specified Und...
02 Dec, 2011, 05.49 AM IST
- Heard on the Street: Deregulation move sees funds lining up for OMCs
Fund managers scrambled to buy shares of OMCs on Friday, after the government deregulated petrol prices and promised to free up diesel and ...
26 Jun, 2010, 01.19 AM IST
- SUUTI to clear ARS dues of Rs 5k cr
The Specified Undertaking of UTI (SUUTI) is all set to pay over Rs 5,000-crore due to the 13 lakh investors who were issued assured return ...
13 Mar, 2009, 01.12 AM IST
- SUUTI to transfer residual stake in L&T, ITC to govt
The 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
- UTI MF kicks off pension fund management
UTI MF has begun managing pension funds totalling Rs 500 crore from the end of March, and is now hoping for an approval to manage the inves...
08 May, 2008, 04.12 AM IST
- CRISIL IPO grade 4/5 assigned to UTI AMC
CRISIL has assigned IPO Grade "4/5" to the proposed issue of UTI Asset Management Company, which indicates that the fundamentals of the iss...
18 Mar, 2008, 06.02 PM IST
- Standard Chartered to acquire 49% stake in UTI Securities
Under the agreement, the parties have provided for necessary options to raise Standard Chartered's stake to 100 per cent in stages by 2010.
23 Aug, 2007, 05.04 PM IST
- StanChart still in talks for stake in UTI Securities
Standard Chartered Bank on Tuesday said it was still in "advanced stage" of talks with Securities Trading Corporation of India (STCI) to bu...
07 Aug, 2007, 09.00 PM IST
- Two companies to drop UTI name after Jan 2008
Taking the cue from UTI Bank that rechristened itself Axis Bank, two other entities that use the UTI brand will assume a new name after Jan...
29 May, 2007, 06.40 PM IST
- UTI Sec’s i-bank unit sees mass exodus
Less than a year after a change in ownership, UTI Securities, a Mumbai-based securities firm, is witnessing mass exodus, particularly in it...
12 Jan, 2007, 03.14 AM IST
- UTI AMC gets BKC office for Rs 1,000 cr
UTI Asset Management Company (UTI AMC) is the new owner of the swanky building in Mumbai’s business district - Bandra-Kurla Complex, where ...
09 Nov, 2006, 01.57 AM IST
- Damodaran is the new Sebi chief
The IDBI chief's appointment has ended speculations over GN Bajpai's successor as the market regulator.
18 Feb, 2005, 01.11 AM IST
- UTI, Sebi bills get President’s approval
The economic reforms process has got a boost following the Presidential assent to the Unit Trust of India (Transfer of Undertaking and Repe...
27 Dec, 2002, 02.20 AM IST