Sundaram Asset Management Company

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Interest coverage ratio of unlisted cos at 30-year high

Excess earnings of unlisted companies over and above their interest costs are at a record level. Illustration: Dominic Xavier/Rediff.com The interest-coverage ratio of 2.94 is the highest going......

BNP buys 49.9% in Sundaram arm

Sundaram Finance has signed an agreement with BNP Paribas Asset Management to sell 49.90 per cent equity in its wholly owned asset management company, Sundaram Asset Management Company for Rs......

Fund Houses All Set to Launch NFOs As Ban Nears End

Since April there have been no new NFOs because of the delay in the implementation of the new norms around pooling of funds. Illustration: Uttam Ghosh/Rediff.com Asset management companies......

HSBC's AMC acquires L&T Mutual Fund business for $425 million

L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......

Why PSU stocks are going downhill

The market may be scaling new peaks every day but there may be little to cheer for the disinvestment-bound government. Shares of almost all public sector undertakings have given up gains and are......

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Sundaram Asset Management Company

News for Sundaram Asset Management Company

Interest coverage ratio of unlisted cos at 30-year high

BNP buys 49.9% in Sundaram arm

Fund Houses All Set to Launch NFOs As Ban Nears End

HSBC's AMC acquires L&T Mutual Fund business for $425 million

Why PSU stocks are going downhill

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