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SBI announces IPO of its mutual fund arm
Financial Express Chennai
|November 07, 2025
French asset manager Amundi to sell 3.7% stake
STATE BANK OF India (SBI) on Thursday announced plans to take its asset management arm, SBI Funds Management (SBIFML) — the country’s largest fund house with assets under management (AUM) of ₹12.05 lakh crore — public through an initial public offering (IPO).
“The Executive Committee of the Central Board (ECCB) of SBI has accorded approval to divest 32.06 million equity shares, equivalent to 6.3007% of the total equity capital of SBI Funds Management through an initial public offering, subject to all regulatory approvals,” the bank said in a stock exchange filing.
Bu hikaye Financial Express Chennai dergisinin November 07, 2025 baskısından alınmıştır.
Binlerce özenle seçilmiş premium hikayeye ve 9.000'den fazla dergi ve gazeteye erişmek için Magzter GOLD'a abone olun.
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Financial Express Chennai
Finmin streamlines recruitment for PSBs
THE FINANCE MINISTRY has undertaken several initiatives aimed at streamlining the timelines for recruitment examinations for the public sector banks and declaration of their results.
1 mins
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ICAI gives nod to easier advertising rules for CAs
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2 mins
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Financial Express Chennai
RBI relaxes transaction account norms for banks
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1 mins
December 12, 2025
Financial Express Chennai
MF industry AUM tops ₹80 L cr in November
EQUITY SCHEMES DRIVE GROWTH
2 mins
December 12, 2025
Financial Express Chennai
Modi, Trump review ties amid trade talks
PRIME MINISTER NARENDRA Modi spoke with US President Donald Trump on Thursday, even as negotiators from both sides wrapped up two-day talks here to finalise the contours of the initial tranche of an \"elusive\" bilateral trade agreement (BTA).
1 min
December 12, 2025
Financial Express Chennai
Akasa gets first purpose-built Boeing 737 Max plane
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1 min
December 12, 2025
Financial Express Chennai
‘We use technology at every point of the post-harvest chain’
Agritech startup Arya.ag expects its next leg of growth to come from increased utilisation of its 12,000-warehouse network, expansion and deeper integration of its smart farm centres, scaling its fintech business, which grew disbursements by 50% in H1, continued investment in automation, straight-through processing and digital documentation and strengthening of marketplace linkages.
2 mins
December 12, 2025
Financial Express Chennai
IndiGo’s ₹10K coupons to flyers hit during Dec 3-5
INDIGO ON THURSDAY said it will offer travel vouchers worth %10,000 to each “severely impacted” passenger whose flights were cancelled or delayed during the airport chaos between December 3 and 5.
1 mins
December 12, 2025
Financial Express Chennai
Perfetti Van Melle aims to double its top line in 4 yrs: MD
CONFECTIONERY MAJOR PERFETTI Van Melle India — best known for brands such as Chupa Chups, Alpenliebe and Mentos — is aiming to double its turnover from around ₹4,000 crore to about ₹8,500 crore within four years, Managing Director Nikhil Sharma told FE.
2 mins
December 12, 2025
Financial Express Chennai
DGCA steps up scrutiny, calls Elbers again today
AVIATION REGULATOR DGCA (Directorate General of Civil Aviation) on Thursday intensified its scrutiny of IndiGo, directing CEO Pieter Elbers to appear before it again on Friday as the airline continues to struggle with operational disruptions.
1 mins
December 12, 2025
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