StanChart buys 49% in UTI Sec
StanChart buys 49% in UTI Sec
Last Updated : Aug 23 2007 | 12:00 AM IST
STCI and Standard Chartered Plc today signed a deal for Standard Chartered to acquire 49% stake in UTI Securities for Rs 147 crore.<br>STCI currently holds 100% of UTI Securities having acquired it in 2006 from the Administrator of the specified undertaking of the Unit Trust of India.