mutual fund
Finance
IDBI Bank, lender with worst asset quality, looks to sell mutual fund unit
IDBI Bank Ltd has put its mutual fund business on the block, joining a bunch of lenders that are selling ......
Finance
Reliance Capital to exit mutual funds business, sell stake to Nippon Life
Reliance Capital Ltd, the financial services arm of Anil Ambani-led Reliance Group, is exiting the mutual fund business by selling ......
Finance
LIC-owned IDBI Bank to shed non-core assets, NPAs as part of turnaround plan
IDBI Bank and its new majority shareholder, state-owned Life Insurance Corporation of India (LIC), have chalked out a plan which ......
Finance
Amid RCom woes, Reliance Capital looks to sell stake in mutual fund biz
Reliance Capital Ltd, the diversified financial services firm promoted by the Anil Ambani-led Reliance Group, has offered to offload its ......
General
Centrum, Ranjan Pai invest in Jana; Essel may sell some of its finserv biz
Bengaluru-headquartered Jana Small Finance Bank Ltd has raised Rs 300 crore ($42 million at current exchange rate) from Centrum Group ......
Finance
AXA may sell full stake in its mutual fund JV with Bank of India
AXA Investment Managers, a part of French insurance giant AXA Group, is looking to fully exit its mutual fund joint ......
Finance
Dewan Housing to sell stake in mutual fund business to JV partner
Dewan Housing Finance Corporation Ltd (DHFL) said on Tuesday it will sell its entire stake in the mutual fund business ......
Markets
Exclusive: Tata group's mutual fund arm is setting up a PE vertical
Tata Asset Management Ltd, the mutual fund arm of diversified business conglomerate Tata group, is in the midst of setting ......
Finance
IDFC's mutual fund biz attracts interest from peers, market veteran
Non-banking financial company IDFC Ltd has found several takers for its mutual fund unit — albeit at a lower valuation ......
Finance
HDFC Asset Management, Nekkanti Sea Foods get regulatory nod for IPOs
HDFC Asset Management Company Ltd, India’s second-largest mutual fund company by assets, and Visakhapatnam-based seafood firm Nekkanti Sea Foods Ltd ......