uti: Tatas evaluate bid for UTI AMC as Reliance enters the MF space
The Tata Group is reportedly considering whether to bid for UTI Asset Management Company, following the entry of Jio Financial Services into the market. The salt-to-software conglomerate is closely monitoring Jios future plans and their impact on the industry. Four state-owned entities collectively own just over 45% stake in UTI AMC and are exploring options to sell their stake. Earlier talks between the Tata Group and the public sector entities fell through due to a disagreement regarding the s...
Tata Group Development Na National Bank Mf Space Et Bureau Life Insurance Corporation Of India Mukesh Jio Financial Services
Source: indiatimes.com