The asset manager is yet to resolve the impasse surrounding the payment of pension to its erstwhile employees who had opted for voluntary retirement in 2003. Illustration: Dominic Xavier/Rediff.com......
UTI’s legacy and brand recognition, together with a robust distribution network and access to public sector money, could work in its favour, and help it command a premium. Illustration: Uttam......
In this season of controversies, a new one is brewing with the largest stakeholder in the UTI (Unit Trust of India) Asset Management Company threatening to pull out alleging that the Union ministry......
The restructuring of UTI, which started seven years ago when the country's oldest mutual fund failed to meet redemption obligations, is nearly complete. T Rowe Price, the Baltimore-based......
UTI Asset Management Company (UTI AMC), India's oldest mutual fund, is in advanced stages of discussions to divest 26 per cent to a strategic partner. Sources close to the development said that......