mutual funds
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Franchise India Bureau May 09 2018 - 1 min readGlobal asset manager BlackRock Inc. and Reliance Nippon Life Asset Management Ltd have emerged as the top bidders for IDFC Asset Management Co. Ltd in the first round, a financial daily reported. A report from financial daily said that the potential buyers are likely to offer Rs 2,000-2,500 crore, while the ...
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Franchise India Bureau May 08 2018 - 2 min readFinancial services firm DSP Group has confirmed its plans to buy out 40% BlackRock Inc’s stake in joint venture DSP BlackRock Investment Managers Pvt. Ltd to become the sole owner of the asset management firm. The transaction value was not disclosed. BlackRock is the world’s largest asset manager. After the stake ...