Fidelity looks to put India MF arm on the block, seeks Rs 350 cr for biz
Fp Staff • 13 years agoReports said that the international MF giant has appointed JP Morgan to find a buyer for the its asset management business in India, the accumulated losses for which may hurt the valuation.
Fidelity Investments in talks to sell India mutual fund biz: report
Fp Archives • 13 years agoFidelity is seeking Rs 1,00 crore for the asset management arm, which may attract interest from a large number of fund houses including Goldman Sachs Asset Management Company.
Cash-rich cos sit tight, fear liquidity freezes, govt intervention
Fp Archives • 13 years agoThe debt crisis in Europe and sluggish growth in the United States have top companies worried about the sustainability of existing sales volumes, according to the survey of more than 110 analysts at Fidelity in Europe and Asia.
Hefty financing deal takes Pinterest value to $3.8 bn
Fp Archives • 11 years agoPinterest has won a $225 million round of equity funding that values the virtual scrapbooking company at $3.8 billion, two people with knowledge of the investment said Wednesday.
Hefty financing deal takes Pinterest value to $3.8 bn
Fp Archives • 11 years agoPinterest has won a $225 million round of equity funding that values the virtual scrapbooking company at $3.8 billion, two people with knowledge of the investment said Wednesday.
US funds show faith in Twitter IPO despite Facebook disaster
Fp Archives • 11 years agoFive mutual funds run by T Rowe Price Group Inc own $220 million worth of Twitter Inc, opening up a big lead over rival US funds to capitalize on the social networking site's expected public stock offering.
US funds show faith in Twitter IPO despite Facebook disaster
Fp Archives • 11 years agoFive mutual funds run by T Rowe Price Group Inc own $220 million worth of Twitter Inc, opening up a big lead over rival US funds to capitalize on the social networking site's expected public stock offering.
Banks, Internet companies team up to fight spam
Fptechno • 13 years agoSome of the world's biggest Internet companies and financial services firms have developed a new approach to fighting email spam that they hope ...