According to reports, Tata AMC plans to acquire the shares held by four public sector undertakings (PSUs) in the fund house that manages assets worth Rs 2.24 trillion
ICICI Bank, LIC Housing Finance, UTI Asset Management Company, and Care Ratings shares are brokerage house Centrum Broking's 'top picks' for the current quarter.
The deal will give it over 51 per cent stake in the trustee even as the stake of three public sector shareholders will fall to under 10 per cent in UTI Trustee Company
The Bombay High Court on Thursday admitted a writ petition by T Rowe Price and set the next hearing for Monday -- the day Puri's five-year term comes to an end
US-based asset manager said lack of timely action from Indian authorities, while 'conflicted' shareholders ignore directions of UTI Trustee Board, reason to move court