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Citi to sell $1.7 bn private equity assets: Report

Citigroup Inc will sell a $ 1.7 billion portfolio of private equity assets to European buyout firm AXA Private Equity as part of a strategy to clean up its books in the aftermath of the financial......

Corporates foray into portfolio management biz

The latest buzz in Indian financial services space is the foray by corporates into portfolio management services (PMS). Reliance Money launched its PMS business last week. The latest to enter the......

Rs 50,000-cr cheer for life insurance?

After passage of Bill raising cap on foreign investment to 49% in the sector, experts say this money can be raised in the next 3 years; top five can make gains of Rs 20K crore After the passage of......

20 years of India's insurance sector

As many as 50 players have set up shop but penetration remains low and only a handful dominate the business, says Subrata Panda. Illustration: Uttam Ghosh/Rediff.com Twenty years after......

Time to create mother of all mutual funds

'The time is ripe for a merger of eight fund houses indirectly owned and controlled by the central government,' says N Sundaresha Subramanian. Illustration: Dominic Xavier/Rediff.com Mutual funds......

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Axa Private Equity

News for Axa Private Equity

Citi to sell $1.7 bn private equity assets: Report

Corporates foray into portfolio management biz

Rs 50,000-cr cheer for life insurance?

20 years of India's insurance sector

Time to create mother of all mutual funds

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