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Nishant Kumar / Reuters 02:49 PM | July 28,2009
The ban threatens the incomes of over 87,000 distributors, agents who sell funds for a fee, and bring more than 90% of the business to money managers
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Reuters 11:57 AM | July 10,2009
The deal, if it were to finally go through, would value India’s oldest mutual fund house between Rs25 to 28 billion or 4-5% of its assets, the paper said on Friday
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Manidipa Mandal 09:08 PM | June 29,2009
Kidney stones have recently been shown to increase one’s chances of getting chronic kidney disease (CKD), so it pays to be careful
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PTI 12:12 AM | June 15,2009
Three overseas financial firms have evinced interests to pick up a 26% stake in UTI Asset Management Co. Ltd, said a senior official
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12:33 AM | June 08,2009
A good option if you want tax breaks and debt exposure sans the volatility of equity
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PTI 06:08 PM | May 14,2009
In April, UTI AMC’s average asset under management increased by Rs4,616.77 crore to Rs54,489.99 crore
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Aveek Datta 11:59 PM | April 27,2009
The firm has already started reworking its portfolio; will merge its 28 schemes into 10 to create focused plans
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Ashwin Ramarathinam 10:26 PM | March 13,2009
An analysis of equity portfolios of top 10 financial firms shows their combined holdings fell by 39% in 2008
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PTI 08:39 PM | February 09,2009
The fund manager will be appointed for a period of three years on the basis of a technical and financial bid
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Mark to Market | Manas Chakravarty and Mobis Philipose 10:05 PM | January 09,2009
Axis Bank has underperformed the Bank Nifty index in the last quarter, possibly on account of the uncertainty surrounding the stepping down the bank’s chief executive P.J. Nayak and the lack of visibility on the stake sale of Specified Undertaking of UTI
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Reuters 03:43 PM | January 06,2009
UTI Asset Management hopes to sell up to 26% stake by March as it seeks to access global markets and strengthen its domestic operations
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PTI 04:37 PM | January 02,2009
Total assets under management of the country’s 34 mutual fund houses have soared to Rs418,334.65 cr
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PTI 03:17 PM | December 28,2008
The negotiation is at the advance stage and the deal is expected to be closed by February or early March, sources close to the development said
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Baiju Kalesh 11:52 PM | December 15,2008
The two private equity funds acquire stakes in Bangalore-based Deepak Cables (India) Ltd for Rs285 crore
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