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33 Mutual Fund houses violate '20-25 rule': Sitharaman

Last Updated: Tuesday, July 15, 2014, 15:27

Sebi monitors the bi-monthly compliance reports and half yearly trustee reports being submitted by AMC and Trustees respectively to the regulators. 

IIT Delhi graduate develops tools to counter cyber attacks

Last Updated: Friday, May 09, 2014, 22:27

Sanjam Garg, a graduate of the Indian Institute of Technology, Delhi, has won the 2013 Doctoral Dissertation Award for developing a technique to protect against cyber attacks.

Sikh couple forced to leave US theatre for wearing kirpan

Last Updated: Wednesday, July 03, 2013, 12:18

A Sikh couple was forced to leave a movie theatre in California because of wearing kirpan, a move which prompted them to seek an apology from AMC Theaters.

Independent councillor Ramesh Mal elected AMC Mayo

Last Updated: Tuesday, July 02, 2013, 20:48

Independent councillor Ramesh Mal was on Tuesday elected the Mayor of Ambala Municipal Corporation with support from Congress councillors.

Motilal Oswal AMC open to strategic partner for foreign biz

Last Updated: Monday, April 08, 2013, 14:19

Motilal Oswal AMC, which runs Motilal Oswal Mutual Fund, is also working to expand its current ETF (Exchange Traded Fund) product range and is aiming to known as an "Expert Equity House" and a preferred provider of "Building Blocks for Asset Allocation" over the next five years, its CEO said.

Reliance AMC's Singapore arm crosses $one-billion AUM

Last Updated: Friday, February 01, 2013, 15:01

On the back of crossing the USD one-billion Assets Under Management (AUM) mark by its Singapore subsidiary, Reliance Capital Asset Management on Friday said it plans to double its global assets portfolio in the next three years.

Leo Puri, Rahman in race for post of full-time UTI AMC chief

Last Updated: Friday, January 04, 2013, 13:27

A selection panel will meet on Friday the candidates for the post of full-time chief of leading mutual fund house UTI Asset Management Company, a position lying vacant for nearly two years.

ICICI Pru AMC launches US bluechip equity fund

Last Updated: Tuesday, June 19, 2012, 19:59

ICICI Prudential AMC launched its first equity fund -- 'ICICI Prudential US Bluechip Equity Fund'-- which will directly invest in blue-chip companies in the US.

Axis AMC launches 'Axis Focused 25 Fund'

Last Updated: Wednesday, June 13, 2012, 18:05

The equity fund offer will be opened for subscription till June 25, and people can invest through monthly instalments of Rs 1,000 or a one-time investment of Rs 5,000, the company said.

EPFO fund management: SBI outperforms HSBC, Rel Cap, I-Sec

Last Updated: Monday, June 04, 2012, 15:50

State Bank of India (SBI) provided the highest return of 9.31 percent to the EPFO during five-month period from November 1, 2011, to March 31, 2012. It was also more than the prescribed benchmark return of 9.24 percent.

Union representative in EPFO opposes Reliance AMC stake sale

Last Updated: Sunday, May 27, 2012, 16:10

A trade union representative in the EPFO has opposed its fund manager Anil Ambani group firm Reliance Capital Asset Management's decision to sell 26 percent stake to Japanese insurance firm Nippon Life.

IOT Infra raises Rs 100 crore through private equity

Last Updated: Monday, January 23, 2012, 20:39

IOT Infrastructure & Energy Services Ltd (IOT), a joint venture between Indian Oil Corporation and Oiltanking GmbH, Germany Monday said it has raised Rs 100 crore through private equity from India Infrastructure Development Fund (IIDF), the private equity arm of UTI AMC.