Page 22 - Unit Trust News Today

India to sell a 1.55 per cent stake in Axis Bank through an offer for sale, a government investment vehicle said on Wednesday.

Stock Market LIVE: Weakness in the frontline indices could be attributed to pressure on the auto and bank stocks. Tata Motors was the biggest loser on the Nifty50 after the company posted lower than estimated September quarter results Get more Markets News and Business News on Zee Business.

The entire divestment proceeding will be allocated to the government, which means the government is expecting to get approximately Rs 4,000 crore from shares sale.

The union government will sell up to 1.55% of the total issued and paid-up equity share capital of the private lender through the Specified Undertaking of the Unit Trust of India

Shares of Axis Bank on Wednesday closed at Rs 874.35, up 0.17 per cent over the previous close on the BSE.

Annual unit trust returns have fallen below the rate of inflation as the high cost of living continues to eat into household budgets and savings.

A young couple is appealing to the public for help as they are living in their car after becoming homeless.

KUALA LUMPUR: Public Bank Bhd’s wholly-owned subsidiary, Public Mutual Bhd, has declared gross distributions amounting to more than RM201 million for 11 funds for the financial year ended Oct 31, 2022.

Phillip Capital, a group of companies offering comprehensive range of financial services, celebrated the launching of its newest branch in the state capital in an official ceremony witnessed by Minister of Local Government and Housing, Datuk Seri Masidi Manjun.  The Phillip Investor Centre (PIC) in Kota Kinabalu is its third branch in East Malaysia, and the 12th of its kind established throughout major cities in Malaysia.  In his opening remarks at the event, Phillip Capital Malaysia g...

Edward Sheldon looks at the performance of the FTSE 100 index over the last five years. Has a tracker fund been a good investment?