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HSBC TRUSTEE
Vodafone Group clears Rs 11,650 cr dues, releases pledged shares in Vodafone IdeaVodafone Group cleared Rs 11,650 crore of its dues by pledging its shares in Vodafone Idea as collateral against its debts. The funds, rais...
Vodafone Group clears about Rs 11,650 cr dues to lenders raised against VIL sharesVodafone Group has cleared dues amounting to Rs 11,650 crore by repaying debt raised against shares of Vodafone Idea. The pledge on shares ...
Year-End Special: Acquisitions and mergers of mutual funds in 2022Here's a look at the mergers and acquisitions that happened in 2022 and the changes that they brought along with them for the investors.
HSBC acquires L&T MF; schemes to be transferred or merged with HSBC schemesHSBC Asset Management (India) has said that it has completed the acquisition of L&T Investment Management for a consideration of US$ 425 mi...
CCI approves acquisition of L&T AMC by HSBC Asset ManagementThe transaction involves the acquisition by HSBC AMC and its nominees of 100 per cent share capital of L&T AMC from L&T Finance Holdings Lt...
Yash Birla case to decide status of offshore trustsThe dispute relates to multiple overseas trusts, allegedly holding close to Rs 1,550 crore, where Birla is named as one of the beneficiarie...
EPFO appoints UTI AMC, SBI Mutual Fund as fund managersThe appointment of the fund managers for another term of three years had been pending with the EPFO since April last year.
EPFO likely to appoint HSBC AMC, UTI AMC, SBI Mutual Fund as fund mangersThe appointment of the fund managers for another term of three years has been pending with the EPFO since April last year.
EPFO likely to appoint 3 AMCs as fund managersNow the proposal finalised would be placed before the EPFO’s apex decision-making body Central Board of Trustees.
Vodafone Group pledges Voda Idea stake with 7 banksShares of Vodafone Idea plunged 7.12 per cent on the BSE on Wednesday to close at Rs 14.35 apiece.
HSBC black money list: ED seizes Rs 20.87 cr assets of Dabur's BurmanThe agency took over the case on the basis of a charge sheet filed by the Income Tax Department (ITD) against Burman as part of its probe i...
Supreme Court breather for HSBC Geneva account holdersSC has ruled that Indian resident beneficiaries shall not be taxed on the income of an offshore discretionary trust as long as the trustees...
Supreme Court stays SAT order against HSBC MFThe court also asked Sebi to quantify the compensation along with the interest. The unit holders had invested in a short-term plan.
- EPFO to appoint custodian for its securities by month end
EPFO's apex decision making body Central Board of Trustee (CBT) is likely to appoint by the month-end a separate custodian for its securiti...
- SAT asks HSBC MF to compensate 2 unit holders for losses in Gilt plan
The SAT has directed HSBC Mutual Fund to make good the losses incurred by its unitholders, who accused it of denying them an opportunity to...
- EPFO seeks CVC nod on tender for fund managers' appointment
Amid series of scams rocking the country, an extra cautious EPFO has send the tender document for appointment of funds managers to the Cent...
- 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...
- Madoff trustee sues HSBC, seeks 9 billion dollars
The trustee charged with recouping assets for victims of Wall Street fraudster Bernard Madoff is suing British banking giant HSBC and relat...
- Hong Kong investors sue US banks over Lehman losses
Hong Kong investors backed by failed financial services firm Lehman Brothers have filed a class-action suit against US banks. Top 20 Global...
- HK investors planning US suit in Lehman fiasco
A group of Hong Kong investors in Lehman Brothers-backed financial products plans to sue in U.S. court after the Wall Street firm's collaps...