Investing with principle: ... ethical investment movement in the UK.
Charles Jacob grew up in poverty but has since made millions. However, his is not a rags to riches story. For Jacob, who is known as the father of ethical investment in Britain, made most of his money for other people. Though he is now comfortably off, he has...

Trusts can now hit Dalal Street.
NEW DELHI: In a move that has the potential to fuel the booming stock market, the government on Monday allowed trusts to invest in securities, including shares and bonds of listed companies. The Union Cabinet has decided to amend the Indian Trusts Act, 1882, to enable such investments. ...

Trusts can now hit Dalal Street.
NEW DELHI: In a move that has the potential to fuel the booming stock market, the government on Monday allowed trusts to invest in securities, including shares and bonds of listed companies. The Union Cabinet has decided to amend the Indian Trusts Act, 1882, to enable such investments. ...

Domestic savings may elbow FIIs out of mkts.
Byline: Pallavi Mulay The day is not far when domestic liquidity will set the tone for Indian equities and may even end up being the next big trigger for the market. Given that India's domestic savings rate is among the highest in the world, it's only natural...

FIIs may soon have to take a bow.
Byline: pallavi mulay The day is not far when domestic liquidity will set the tone for Indian equities and may even end up being the next big trigger for the market. Given that India's domestic savings rate is among the highest in the world, it's only natural...

ITC, L&T on alert as SUUTI begins to sell off assets.
Byline: Boby Kurian, Rajesh Unnikrishnan & Anuradha Himtasingka BANGALORE/MUMBAI/KOLKATA: India's two biggest management-led corporates, ITC and L&T, which have a long history of fighting hostile takeovers, are gearing up to thwart any likelihood of forced boardroom changes, as the countdown begins for the sale of stakes the...

Centre to sell Axis stake; L&T, ITC may be next in line.
Byline: Deepshikha Sikarwar NEw DELHI: The government is likely to sell its 27.12% stake in Axis through private placements to institutions. Sale of stakes in L&T and ITC would be considered at a later stage, according to the proposal. The Axis scrip closed at Rs 923.55 on...

UTI MF kicks off pension fund management.
BANGALORE: UTI Mutual Fund (UTI MF) has begun managing pension funds totalling Rs 500 crore - comprising contributions from staff in government undertakings - from the end of March, and is now hoping for an approval to manage the investments of the Employee Provident Fund Organisation (EPFO), its top...

CRISIL IPO grade 4/5 assigned to UTI AMC.
MUMBAI: CRISIL has assigned IPO Grade "4/5" to the proposed issue of UTI Asset Management Company, which indicates that the fundamentals of the issue are above average relative to other listed equity securities in India. But the grade is not an opinion on whether the issue price is appropriate...

UTI AMC to set up PE fund for core sector.
Byline: Deepshikha Sikarwar (##include msid=2459375,type=9 ##) NEW DELHI: The country's leading fund house, UTI Asset Management Company, is entering the private equity space. It has joined hands with HSH Nord Bank of Germany and Shinsei Bank of Japan to float $600 million private equity fund...