BSE Sensex rises; Reliance, SBI lead
Energy giant Reliance Industries was up nearly 2% at Rs1,995 after a report it could be close to announcing a $6 billion overseas buy. The stock rose as much as 3.1% in early deals. "Given the unleveraged balance sheet size and treasury shares held by the company, we continue to believe that Reliance Industries...
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READ MORE: UTI AMC, UTI Asset Management Co., UTI Trustee Company, UTI Asset Management Company, assets managing, Indian, T. Rowe Price, uti assets, mutual fund, fund firm
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- News Source: The Economic Times | 1 day agoState-owned lender Bank of Baroda, today said it is diluting its 6.5 per cent stake in UTI AMC and UTI Trustee Company and that the valuation was attractive. "We are disinvesting 6.5 per cent in UTI AMC out of the 25 per cent we are holding. The...
- News Source: Baltimore Sun | 1 day agoRowe Price Group has agreed to purchase a 26 percent stake in India's oldest mutual fund firm for $138 million, the Baltimore company announced Monday. The acquisition of UTI Asset Management Co. gives Price access to $17.2 billion in assets under...
- News Source: MarketWatch | 1 day agoMonday that it has agreed to buy a 26% stake in India's UTI Asset Management Co...UTI, which has about $17 billion in assets under management, is India's fourth-largest asset manager and its oldest mutual-fund institution. The firm has a 10% share of...
- News Source: Daily News & Analysis | 1 day agoEnergy giant Reliance Industries was up nearly 2% at Rs1,995 after a report it could be close to announcing a $6 billion overseas buy. The stock rose as much as 3.1% in early deals. "Given the unleveraged balance sheet size and treasury shares held...
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- Blog Source: indianstockmarket.bizUS-based investment firm T Rowe Price has signed an agreement with all the four shareholders of UTI Asset Management Company (UTI AMC) to sell a part of their stake in the mutual fund house.
- Blog Source: www.dailymarkets.comState Bank of India rallied 5.2 percent to Rs 2318.55 after the top lender said it had entered into an agreement with T. Rowe Price to sell a 6.5 percent holding each in UTI Asset Management Company and UTI Trustee Company. ...
- Blog Source: www.plumbubble.comUS-based investment firm T Rowe Price has signed an agreement with all the four shareholders of UTI Asset Management Company (UTI AMC) to sell a part ...
- Blog Source: deadpresident.blogspot.comThe timing of the withdrawal of stimulus steps for India's economy will be decided when it becomes clear the economy is recovering, but there will be no fresh stimulus, Finance Minister Pranab Mukherjee said on Sunday. ...
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