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Suuti

Oct 08, 2014 at 14:29 | Source: Reuters
The sales could be made through an exchange traded fund that could be launched before the end of March, the official told Reuters, requesting anonymity as he is not authorised to speak to the media.
Sep 26, 2014 at 09:57 | Source: CNBC-TV18
Arora said he was not in a hurry to buy beaten down cyclicals or state-owned banks because reform measures would take a bit longer to play out
Sep 23, 2014 at 19:13 | Source: PTI
Specified Undertaking of UTI (SUUTI), formed in 2003, is an offshoot of erstwhile UTI. It holds 11.72 percent in Axis Bank; 11.27 percent in ITC and 8.18 percent in Larsen & Toubro.
Sep 03, 2014 at 17:59 | Source: CNBC-TV18
The point here is not to go in for a big time stake sale. In fact, the government did shed its stake in Axis Bank to around 10 percent in FY14 and the plan was not to sell any further stock in FY15.
Sep 02, 2014 at 13:13 | Source: CNBC-TV18
Going ahead, V Jayasankar of Kotak Investment Banking sees strong pipeline of fresh paper coming in Rs 80,000-1,00,000 crore and a bulk of it will come from the PSU side, that is government divestment in PSU banks and PSU banks raising capital, while the balance will come from the private sector.
Jul 10, 2014 at 17:47 | Source: CNBC-TV18
On Goods and Services Tax (GST), Mayaram said the Centre expects to reach a consensus on GST with states and may move legislation by the Winter Session.
Jun 26, 2014 at 14:41 | Source: CNBC-TV18
Sanjay Dutt of Quantum Securities says ITC is the last stock among the largecap stocks one should be buying.
Jun 13, 2014 at 10:28 | Source: CNBC-TV18
According to Prithvi Haldea of Prime Database, PSU companies need not be given three years to comply with the rule. One year is more than enough, he feels.
May 28, 2014 at 19:36 | Source: CNBC-TV18
"We are very comfortable with the timeline and there is absolutely no issue from our side," he said.
May 14, 2014 at 10:48 | Source: Moneycontrol.com
The panel has recommended that the Bank Investment Company (BIC) be constituted as a core investment company under RBI registration and regulation, while acting like a passive sovereign wealth fund.
Messages on Suuti »

R Jagannathan

Platinum Member

1056 Followers

Budget  

by SUUTI or the government. I expect to raise Rs 1,00,000 crore this year from this exercise. I know many skeptics will remind us that nothing like this was ever achieved in the past. But given the buoyancy in the markets, we believe this is the time to get ambitious. Will I be able to sustain this pace

11.22 AM Jul 8th

dpipl

New Member

0 Follower

ITC  

Health Minister should have done well to discuss with FM before making such public statements that erode the value of ITC. The GOI through LIC, GIC and SUUTI has a considerable and controlling stake in ITC that loses heavily through such statements. Its like cutting your nose to spite your face

5.46 PM Jun 25th

R Jagannathan

Platinum Member

1056 Followers

Economy  

itself. Here’s how. #1: The Special Undertaking of UTI (SUUTI) holds valuable private sector shares like Axis Bank, Larsen & Toubro and ITC and many other lesser-known companies collectively valued at around Rs 60,000 crore. P Chidambaram bit into some of this fruit by selling 9 percent of Axis Bank

3.21 PM Jun 5th

UCO Bank  

UCO is one of the most undervalued stock. Whereas smaller sized banks like kotak and YES command a market valuation of 5-6 times,being a PSU its languishing at 110 instead of market value of around 400. With the new proposal of SUUTI for PSU this stock will fly off soon and touch 200 within next

3.14 PM Jun 2nd

raatsiv

Silver Member

13 Followers

Aban Offshore  

The sebi / exchanges should introduce a system where promoters need to declare well in advance if they are planning to offload their shares so that investors become aware of a likely fall and can take protective measures and need not panic......its like the SUUTI sale of govt. In Axis Bank

2.38 PM May 11th

deepaggarwa
l123

Platinum Member

1626 Followers

Axis Bank  

Nifty to hit 7000 before the poll results and 7200 post the results. But In case of Axis, its not operators as FIIs have already bought big qty when SUUTI sold off 9% equity to raise funds. If Axis would have been an operator stock, we would have been watching more than 3% movement everyday

12.18 PM Mar 25th

SBI  

Dear dii fii hni nri si....hot hot tip...l n t lar nt toublro is suuti candisate in sale... Will fetch lot o f money 1247 1277 1310 1345 1377 1410 1457 1493 1610 ... Dont sell govt unlesz untill it rwach my target... order ....bruice ....sirry sud....sorrry guest $$$$$$$$ almighty! I got tge 3

2.37 PM Mar 24th

R Jagannathan

Platinum Member

1056 Followers

Axis Bank  

stocks turning into dud investments, the government issued tax-free bonds to investors through the Special Undertaking of the Unit Trust of India (SUUTI). In the rubble of worthless shares inherited by SUUTI, the government discovered three gems – Axis Bank, Larsen & Toubro and ITC. These shares were

2.09 PM Mar 24th

Web Messenger

Platinum Member

245447 Followers

Axis Bank  

Source:Business Today - Government will sell less than half of its stake held through SUUTI in the country`s third largest private sector lender Axis Bank on Friday through a block deal for upto Rs 5,700 crore.Specified Undertaking of UTI (SUUTI), formed in 2003 is an offshoot of erstwhile UTI

12.17 PM Mar 22nd

Web Messenger

Platinum Member

245447 Followers

Axis Bank  

Source:Business Today - Photo: Reuters The government on Friday sold 9 per cent stake held through SUUTI in Axis Bank through a block deal, pulling the scrip of the country`s third largest private sector lender down by over 3 per cent in the morning trade.According to market sources, the block

12.05 PM Mar 22nd

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