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StanChart to raise UTI Securities stake to 74%

 Standard Chartered Bank Mauritius has decided to exercise the option to raise its stake in UTI Securities to 74 per cent and is also conducting a rebranding exercise for the financial services......

Anil Ambani sets sight on UTI Securities

 Anil Ambani is targeting UTI Securities, a financial intermediary services company. His group company Reliance Capital has submitted an expression of interest to acquire UTI Securities from its......

Small Town India Falls In Love With MFs

 More than 50 per cent of SIP accounts come from semi-urban and rural areas. Illustration: Uttam Ghosh/Rediff.com India's smaller cities and rural areas give a wider picture of how the economy is......

Breaking the vault: Will MSCI grant HDFC Bank access?

 HDFC Bank’s latest shareholding data showed that the room for foreign investment has fallen just 5 basis points short of the threshold set by Morgan Stanley Capital International (MSCI) to......

Fund houses' ticker-tape parade of fiscal success on the D-Street

 The financial numbers for 2023–24 (FY24) of the four pure-play listed asset management companies (AMCs) have enthused the Street. Illustration: Dominic Xavier/Rediff.com All firms listed......

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