mutual fund
Finance
HDFC to pare 4% stake in mutual fund arm via IPO
Housing Development Finance Corporation Ltd, India’s largest mortgage lender, will divest a 4% stake in its mutual fund arm through ......
People
Tata Mutual Fund appoints Prathit Bhobe as MD and CEO
Tata Group on Monday announced the appointment of Prathit Bhobe as chief executive officer and managing director of its asset ......
Finance
Punjab National Bank to sell stake in mutual fund JV to Principal Financial
Investment manager Principal Financial Group Inc said on Tuesday it would purchase Indian lender Punjab National Bank’s minority stakes in ......
Finance
Warburg Pincus buys minority stake in CAMS
Private equity firm Warburg Pincus is buying a minority stake in Computer Age Management Services Pvt. Ltd (CAMS) from mortgage ......
Finance
Reliance Nippon Life climbs nearly 13% on trading debut after $238 mn IPO
Reliance Nippon Life Asset Management Co. Ltd, India's third-largest mutual fund and the first in the segment to go public, ......
Finance
Reliance Nippon Life IPO subscribed 81 times
Reliance Nippon Life Asset Management Co Ltd, India's third-largest mutual fund and the first in the space to go public, ......
Finance
Reliance Nippon Life Asset Management IPO subscribed 7.5 times on second day
Reliance Nippon Life Asset Management Co Ltd’s initial public offering—the first by an Indian mutual fund manager—was covered 7.5 times ......
Finance
Reliance Mutual Fund IPO covered nearly five times on first day
Reliance Nippon Life Asset Management Co Ltd’s initial public offering—the first by an Indian mutual fund manager—was covered nearly five ......
Finance
Reliance Mutual Fund raises $71 mn from ADIA, other anchor investors
Reliance Nippon Life Asset Management Co Ltd on Tuesday raised Rs 462.67 crore ($71.08 million) by selling shares to a ......
Finance
Anil Ambani-led Reliance Mutual Fund seeks $2.36 bn in valuation from IPO
The Anil Ambani-led Reliance Group is seeking a valuation of Rs 15,422.4 crore ($2.36 billion) for its mutual fund arm, ......
