mutual fund
Finance
Prashant Khemka's White Oak to acquire India's smallest mutual fund
White Oak Capital Management, a boutique investment management and advisory firm set up by former Goldman Sachs executive Prashant...
Finance
Bank of Baroda, BNP Paribas to merge mutual fund businesses
The mutual fund arms of state-run lender Bank of Baroda and the India unit of French financial services group BNP ......
Markets
SEBI raises disclosure norms; tightens rules for mutual funds
India’s market regulator on Thursday raised disclosure norms for pledging of shares by promoters of companies and tightened...
Finance
Canada's Manulife picks up 49% stake in Mahindra's asset management arm
Canadian financial services group Manulife has agreed to take a 49% stake in the asset management arm of Mahindra & ......
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...
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...
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 ......
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