Sebi fines SBI, LIC, Bank of Baroda for violating mutual fund normsSebi observed that SBI, LIC and BoB are the sponsors of SBI Mutual Fund, LIC Mutual Fund and Baroda Mutual Fund, respectively, and they als...
14 Aug, 2020, 08.17 PM IST
Sebi orders LIC, SBI, Bank of Baroda to reduce stake to below 10% in UTI AMCUTI AMC is promoted by four public sector financial institutions as sponsors -- State Bank of India, Life Insurance Corporation of India, B...
07 Dec, 2019, 01.14 PM IST
No investment in group cos, EPFO to portfolio managersIn the past, cross investments by asset managers has led to value erosion.
19 Jun, 2019, 09.23 AM IST
EPFO bars portfolio managers from investing in group companiesThe apex retirement body floated a ‘Request for Proposal’ last week for taking up the responsibility of portfolio managers.
18 Jun, 2019, 10.04 PM IST
ICRA keeps 6 mutual fund schemes' ratings under watchICRA has released a list of six mutual fund schemes which have been kept under watch with negative implications
23 Jan, 2019, 11.08 AM IST
Leo Puri decides to call it quits at UTI AMCUTI Asset Management Company managing director Leo Puri has said he will demit office on Monday.
11 Aug, 2018, 12.41 PM IST
T Rowe Price wants FIs to cut holding in UTIFour state-owned financial institutions which together own 74 per cent in UTI AMC, are not in favour of granting Puri a second term.
09 Aug, 2018, 09.04 AM IST
Leo Puri’s future as chief of UTI AMC uncertainAs LIC & three PSBs prepare to pick new CEO, T Rowe Price asks Sebi to intervene.
06 Aug, 2018, 11.13 AM IST
IPO watch: GNA Axles raises Rs 37.90 cr from anchorsThe company aims to raise a total of Rs 130 crore from the IPO. The issue will hit the markets on September 14 and close on September 16.
13 Sep, 2016, 08.54 AM IST
Reliance Capital, ICICI Securities to manage Rs 60,000 crore coal PF FundDecision was taken by the board of trustees (BOT) of the Coal Mines Provident Fund Organisation (CMPFO) in its meeting, chaired by Coal Sec...
26 Jun, 2015, 02.18 PM IST
- UTI disputes labour commissioner's role in staff row; talks on September 8
Labour commissioner R Venkatswarlu posted the issue for hearing next month after the UTI management did not turn up for hearing on Tuesday.
25 Aug, 2011, 01.30 AM IST
- HSBC, UTI, ICICI Sec, ICICI Pru, Reliance Capital in race to manage EPFO funds for next 3 years
As many as 11 asset management companies, including HSBC, UTI and ICICI Securities, are in the fray to manage EPFO's huge provident fund co...
18 Feb, 2011, 04.32 PM IST
- T Rowe buys 26% in UTI AMC, UTI Trustee for Rs 650 crore
US-Based investment management firm T Rowe Price Group, or TRP, has bought a 26% stake in UTI Asset Management Company (AMC) and UTI Truste...
21 Jan, 2010, 03.33 AM IST
'We've got money. We won't mind buying quality assets'The market has grown too fast, too soon, but there’s still plenty of opportunities left to make money, says UTI AMC chief UK Sinha.
14 Dec, 2009, 03.15 PM IST
- Valuation for stake-sale in UTI AMC attractive, says BoB
State-owned lender Bank of Baroda, today said it is diluting its 6.5 per cent stake in UTI AMC and UTI Trustee Company and that the valuati...
09 Nov, 2009, 09.31 PM IST
- Stocks to watch: Reliance Industries, SBI, Jubilant Organosys, Tata Power
The likely target is a part of the assets owned by troubled petrochemical major LyondellBasell, which is undergoing reorganisation under th...
09 Nov, 2009, 09.44 AM IST
- UTI to be split into three, no strategic partner for now
NEW DELHI: The government has finalised a three-tier structure for the Unit Trust of India as part of its corporatisation. At the core of t...
08 Apr, 2002, 01.52 AM IST