Sundaram Asset Management Company

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BNP buys 49.9% in Sundaram arm

Sundaram Finance has signed an agreement with BNP Paribas Asset Management to sell 49.90 per cent equity in its wholly owned asset management company, Sundaram Asset Management Company for Rs......

Interest coverage ratio of unlisted cos at 30-year high

Excess earnings of unlisted companies over and above their interest costs are at a record level. Illustration: Dominic Xavier/Rediff.com The interest-coverage ratio of 2.94 is the highest going......

HSBC's AMC acquires L&T Mutual Fund business for $425 million

L&T Housing Finance on Thursday announced selling L&T Investment Management (LTIM) to HSBC Asset Management (India) at $425 million. LTIM is the investment manager of the mutual fund business of......

Fund Houses All Set to Launch NFOs As Ban Nears End

Since April there have been no new NFOs because of the delay in the implementation of the new norms around pooling of funds. Illustration: Uttam Ghosh/Rediff.com Asset management companies......

'PSUs as an asset class is good investment'

With the governmentplanning to mop up Rs 24,000 crore (Rs 240 billion) through disinvestment this financial year, investors have once again become interested in public sector companies. J......

Sundaram Asset Management Company

News for Sundaram Asset Management Company

BNP buys 49.9% in Sundaram arm

Interest coverage ratio of unlisted cos at 30-year high

HSBC's AMC acquires L&T Mutual Fund business for $425 million

Fund Houses All Set to Launch NFOs As Ban Nears End

'PSUs as an asset class is good investment'

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