RupeesMatter India | A blog on finance, investments, loans, personal loan, home loan, stock market and mutual funds in India

Vivek Kudva, PresIndia, Franklin Templeton Investment, feels even as the fiscal measures that could be taken on Saturday would be good; to expect it to have an impact on the economy in the short term would be unrealistic. Ashu Madan, National Head, Religare Securities, seconds Kudva’s views

Following Religares acquisition of Lotus India asset management company (AMC), other AMCs are going that extra mile to gain confidence of the investing public.

Religare has received clearance from SEBI to acquire the entire shareholding of Lotus India AMC from its shareholders.

Religare and Aegon have decided to part ways from their asset management joint venture. How will this impact the management team? Religare had recently acquired Lotus India Mutual Fund as well. CNBCTV18’s Priyal Guliani explains the consequences.

A month after getting the Securities and Exchange Board of India’s nod to launch an asset management company, Dutch financial services major Aegon and Religare Enterprises have decided to part ways.

A month after getting the Securities and Exchange Board of Indias (Sebis) nod to launch an asset management company, Dutch financial services major Aegon and Religare Enterprises have

Sangeeta Purushottam, Head Institutional Business, Religare Securities, expect markets to test October lows. News flow, she said, is mixed, so there is nothing really to suggest that investors should continue to hold.

Religare Hichens Harrison in a recent report on Titan Industries has highlighted that this Tata company would report a 27 per cent compounded growth in its revenues during FY 09 till FY 11, helped by strong growth in its jewellery sales.

Ashu Madan, National Head of Religare is of the view that one shouldn\’t buy Nalco at current level.

It did come as a surprise when, last week, Religare Enterprises (promoted by the former promoters of Ranbaxy) decided to acquire a majority stake in the ailing Lotus India Asset Management Company. This is the first deal in India since the financial crisis caused the market to crash 23 per cent in October, and Lotus’ assets under management from Rs 7,000 crore (Rs 70 billion) to about Rs 5,000 crore (Rs 50 billion).