Tuesday, Oct 15 2019 | Time 19:17 Hrs(IST)
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Business Economy


Chennai , June 20 (UNI ) Sundaram Finance Limited (SFL) and BNP Paribas Securities Services
(BNPSS) have reached an agreement whereby BNPSS has agreed to sell its entire 49% equity stake in Sundaram BNP Paribas Fund Services Limited (SBFS) to SFL, subject to all regulatory approvals.
SFL currently holds 51% in the above company and the said acquisition would increase its holding to 100%, thus making the company a wholly owned subsidiary of SFL.
SBFS provides Registrar and Transfer Agency services and other support services to Mutual Funds in India. Currently Sundaram Mutual Fund and BNP Paribas Mutual Fund are its major customers. In
addition SBFS provides back office support to over 25 Private Equity clients in India.
UNI GV 1950
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MESC launches 14 AWSITC to prepare candidates on global standards

15 Oct 2019 | 6:34 PM

New Delhi, Oct 15 (UNI) Minister of Skill Development and Entrepreneurship Dr Mahendra Nath Pandey and Chairman of Media & Entertainment Skills Council (MESC) and renowned filmmaker Subhash Ghai on Tuesday launched 14 Authorised World Skills India Training Centres (AWSITC).

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Heritage Foods distributes cattle feed to farmers in AP, Telangana

15 Oct 2019 | 5:57 PM

Hyderabad, Oct 15 (UNI) Heritage Foods Limited has distributed cattle feed free of cost to farmers in Andhra Pradesh, Telangana and other regions across the country, wherever the company has a presence under Heritage Farmers Welfare Trust, which synergise long-term shareholder, value creation with enhancing rural social capital by empowering farmers.

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Ahmedabad Sugar market rules steady

15 Oct 2019 | 5:28 PM

Ahmedabad, Oct 15 (UNI) The Ahmedabad Sugar market ruled steady here on Tuesday.

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Ahmedabad grain market steady

15 Oct 2019 | 5:27 PM

Ahmedabad, Oct 15 (UNI) The Ahmedabad grain market ruled steady here on Tuesday.

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Ahmedabad Bullion market shows divergent trend

15 Oct 2019 | 5:26 PM

Ahmedabad, Oct 15 (UNI) The showed a divergent trend here on Tuesday.

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