T Rowe Price

Byju's had last raised $500 million in September from a group of investors including PE firm Silver Lake Partners, along with existing investors General Atlantic, Owl Ventures, and Tiger Global at a valuation of $10.8 billion

Shriram Transport Finance hires 8 bankers for a Rs 1,500 crore rights issue

The firm seeks to improve its capital adequacy ratio and debt-to-equity ratio and boost its lending business through this rights issue.

Startup Corner | A $1-billion injection won't solve Paytm's problems, Sharma needs better focus

The odds are stacked against Paytm. In every business segment, Paytm founder Vijay Shekhar Sharma is fighting against multiple, focussed players and with cash burning capacity. Sustenance is becoming a question, forget leadership in its markets.

LIC stalls listing of UTI AMC

Despite receiving a nod for a broad-based listing two weeks ago from its public sector bank stakeholders, namely State Bank of India, Punjab National Bank and Bank of Baroda, UTI AMC will not get listed until its fourth major PSU shareholder, LIC, agrees for a listing.

MF investor T Rowe cuts Flipkart valuation by 4% to $9.9 bn

Close on the heels of an aggressive markdown in Flipkart‘s valuation by Morgan Stanley, another mutual fund investor T Rowe Price has trimmed the e-commerce major‘s valuation, albeit a marginal 4.4 percent to about USD 9.9 billion, reports the Economic Times Wednesday.

What Flipkart‘s devaluation mean for e-commerce industry?

While demonetisation of the Indian economy coupled with a devaluation by Morgan Stanley may mean a double whammy on India‘s flagship unicorn Flipkart, it could also be a godsend for Indian e-commerce for bringing businesses back to real fundamentals.

UTI Mutual Fund revives IPO plans; seeks Govt approval

UTI AMC, which runs the country's oldest fund house UTI MF, had earlier also planned to launch an IPO, but it had to shelve its plans way back in 2008 due to adverse market conditions, despite having got all regulatory clearances.

MFs chase head start on hit IPOs with pre-public investing

A comprehensive, industry-wide picture is difficult to track because mutual fund companies don't disclose their aggregate private company investments. Disclosures from No. 2 US mutual fund company Fidelity, however, show that some of its biggest funds have more than doubled their pre-IPO investments over the past two years.

SBI evinces interest in buying UTI MF

The deal, if it happens, would also be the biggest ever M&A transaction in the Indian mutual fund industry, which has over 45 players together managing Rs 11 lakh crore. There have been a few M&A deals, but mostly involving smaller players.

World's greatest investors and their strategies

If you look at their strategies as well, they aren‘t very difficult or complex; they stick to basic financials of a company and look for value. If they believe there is value they invest and make profits.

Nifty in downtrend, but don't see major fall now: Experts

Although experts feel that the Nifty is in a downtrend, but they don’t see a major correction in the near-term.

Policy changes can see markets turn sharply: Mark Edwards

As global markets pin hopes on a possible European debt rescue by EU leaders, Mark Edwards of T Rowe Price tells CNBC-TV18 that over the next three-four months, Europe may just amble along through some orderly default.

Race for UTI AMC chairman fastens, crucial meeting on Oct 1

The race for UTI AMC board chairman has entered the final phase amidst resignations of independent directors over differences on nominations, reports CNBC-TV18's economic policy editor Siddharth Zarabi quoting sources.

Now, pay UTI investment via Visa, SBI cards

Asset management firm UTI Mutual Fund has tied up with electronic payment solutions provider Visa to provide online payment facility for its investors.

Foreign interest giving Indian MFs much-needed impetus

The Indian mutual fund industry is not clear of challenges, but that's not keeping foreign players at bay, report CNBC-TV18's Mitra joshi and Priyanka Ghosh.