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L&T Finance acquires Fidelity's India mutual fund business
Mar 27, 2012 at 16:54 | Source: Moneycontrol.com
L&T Finance (LTF), a subsidiary of L&T Finance Holdings (LTFH), has acquired FIL Fund Management (Fidelity AMC) and FIL Trustee company, engaged in mutual fund business in India. However, the deal is yet to get regulatory approvals, the non-banking finance company said in a notice sent to stock exchanges.
Will step down from L&T board post L&T Fin IPO: Deosthalee
Oct 28, 2010 at 10:39 | Source: CNBC-TV18
CNBC-TV18's Sajeet Manghat Caught up with jury member and L&T CFO YM Deosthalee who has also been appointed the new CMD of L&T Finance.
Ashwani Gujral's top picks for today's trade
May 13, 2010 at 08:50 | Source: CNBC-TV18
Technical Analyst Ashwani Gujral is bullish on Apollo Tyres, Chola DBS and Rural Electrification Corporation (REC). However, he is bearish on Bharti and Idea Cellular.
Tube Invest to bear 50% of Murugappa-deal cost: DBS Chola
Mar 31, 2010 at 11:28 | Source: CNBC-TV18
MA Alagappan, Chairman, Cholamandalam DBS said the JV was to get an expertise on personal loan as we were looking at that business then. "But later the portfolios ran into problems and we stopped lending on personal loans in September 2008."
Stocks in news: Bharti, Tata Motors, Chola DBS, SpiceJet
Mar 31, 2010 at 07:58 | Source: CNBC-TV18
Bharti Airtel | Tata Motors | Indage Vintners | Dr Reddys Lab | Adani Enterprises | Cholamandalam DBS Fin | Max India | Orchid Chemical | SpiceJet | Omaxe | ITC | Sayaji Hotels and 3i Infotech are stocks, which are in the news today.
NAVs close higher as markets gain
Dec 22, 2009 at 23:01 | Source: Moneycontrol.com
Equity diversified NAVs closed higher with advance:decline ratio of 247:1, as the Sensex recovered around two-third of its Monday's losses on firm global cues and closed the session 91 points higher.

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L&T Finance acquires Fidelity's India mutual fund business
Will step down from L&T board post L&T Fin IPO: Deosthalee
Ashwani Gujral's top picks for today's trade
Tube Invest to bear 50% of Murugappa-deal cost: DBS Chola
The Informed Investor: Why save money?
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News across the web »
L&T Finance buys out Fidelity's India MF arm
Setting aside the widespread speculation that a foreign player would buy out Fidelity s India business, L T Finance, a domestic player, on Tuesday inked the deal for an undisclosed amount. Company off...
Mar 28, 2012 at 02:26 | Source: Business Standard
L T Finance to acquire Fidelity's Indian assets
Mumbai, March 27: L T Finance on Tuesday said it had agreed to acquire the Indian asset management business of Fidelity International, for an undisclosed amount. It would take another two months befo...
Mar 27, 2012 at 23:33 | Source: The Hindu BusinessLine
Schroders set to acquire 30% stake in Axis AMCValuation in line with recent deals in sector transaction likely next week
Schroders, the UK-based asset management giant that manages close to $291 billion in assets, is set to acquire nearly 30 per cent stake in Axis Asset Management Company, sources familiar with the deal...
Mar 14, 2012 at 04:46 | Source: Business Standard
Reliance Mutual fund secures a high valuation
January 19, 2012: Yet again, Reliance Capital Asset Management has managed to secure a high valuation for its mutual fund arm through Thursday's stake sale to Nippon Life Insurance. At Rs 1,450 crore...
Jan 20, 2012 at 00:22 | Source: The Hindu BusinessLine
R-Cap to sell 26% to Nippon for $300 mn today
At 7% of AUM, it could be one of the most expensive deals in the space. Reliance ADAG s mutual fund arm, Reliance Capital Asset Management (R-Cap), is expected to announce the sale of 26 per cent stak...
Jan 19, 2012 at 16:21 | Source: Business Standard
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