Wed, Oct 18, 2023
UTI AMC Q2 results: The company's total revenue from operations dropped 7 per cent to Rs 404 crore during the quarter under review. In the year-ago period, the same was at Rs 435 crore.
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Thu, Jul 27, 2023
UTI Asset Management Company on Tuesday reported a more than two-fold jump in profit after tax to Rs 234 crore in the June quarter.
Wed, Aug 17, 2022
Several media reports claimed that the Tata Group promoted Tata AMC is mulling buying a significant stake in UTI AMC from four state-owned financial entities. As a result, UTI AMC share price on Tuesday jumped around 14 per cent.
Wed, Feb 03, 2021
While UTI Asset Management equity performance and market share have improved, high staff costs continue to pose a significant challenge to core profitability. UTI Asset Management does expect employee costs reduction (to 20.2bps of AAUM in FY23E vs. 25.8bps in FY21E) as a result of natural retirements.
Wed, Aug 29, 2018
Amid intense courtroom battle with the minority shareholders of UTI Asset Management Company, US-based fund house T Rowe Price has withdrawn its petition filed with the Bombay High Court on Tuesday.
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