L&T Mutual Fund

Finance

23 December, 2021

HSBC Asset Management to acquire 100% of L&T Mutual Fund for $425 mn

L&T Finance Holdings will sell its mutual fund business L&T Investment Management Ltd to HSBC Asset Management (India) Ltd for ......

General

07 September, 2020

Grapevine: Blackstone frontrunner for L&T MF; Gaja Capital to lead 1mg funding

Private equity giant Blackstone, which was reportedly interested in the acquisition of L&T Mutual Fund, has become a frontrunner. Both sides ......

General

22 June, 2020

Grapevine: Blackstone, IIFL Wealth circle L&T MF; Hindustan Zinc to sell wind assets

Buyout major Blackstone and General Atlantic-backed IIFL Wealth are among the top bidders to acquire L&T Mutual Fund with Rs ......

General

09 June, 2020

Grapevine: Yes Bank to raise $1.3 bn; Axis Mutual Fund, 2 others lead race for L&T MF

Yes Bank, which was recently rescued by a consortium led by the State Bank of India (SBI), plans to soon ......

Finance

30 April, 2020

Grapevine: Blackstone, Indian asset managers look to buy L&T Mutual Fund

Private equity giant Blackstone and some Indian asset managers are in the fray to acquire a majority stake in engineering-to-finance ......

Consumer

18 February, 2019

PremjiInvest, IDFC & others pick up stake in Emami for $224 mn

The promoters of the diversified Emami Group on Monday announced the sale of 10% stake in fast-moving consumer goods (FMCG) ......