All is well at UTI AMC now? After fierce row, check out situation now
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courtroom battle with the minority shareholders of UTI Asset Management Company, US-based fund house T Rowe Price has withdrawn its petition filed with the Bombay High Court on Tuesday.
As per the Sebi's new cross-holding norms, a sponsor of one mutual fund is restricted from holding 10% or more stake in a rival asset management company. Image source: DNA