T. Rowe Price News

Companies

Japan’s Sansan raises $26.43 million to aid India growth

The professional card managing app currently has around 1,00,000 registered users in India and around 2 million across Singapore and Japan

1 min read6 Dec 2018
Companies

T. Rowe Price withdraws UTI Mutual Fund shareholding case

T. Rowe Price had approached Bombay HC against SBI, LIC, PNB and Bank of Baroda to bring down their stakes from 18.25% to 10% in UTI Mutual Fund to comply with Sebi norms

2 min read29 Aug 2018
Companies

T Rowe Price seeks more time from court on Leo Puri’s term

Talks on with government for an out-of-court settlement of the matter, says T Rowe Price

1 min read13 Aug 2018
Companies

T. Rowe Price moves court over UTI MF’s shareholding

Order Sebi, govt to ensure other shareholders pare holding, T.Rowe Price tells HC

3 min read8 Aug 2018
Companies

T. Rowe Price seeks Sebi action against UTI AMC shareholders

T. Rowe Price has written to India's stock market regulator, seeking its intervention in the affairs of UTI Mutual Fund that it co-owns with four state-owned financial institutions

3 min read27 Jul 2018
Companies

Disappointed in UTI MF shareholders for not cutting down stakes: T Rowe Price

T Rowe Price, the largest stakeholder in UTI Mutual Fund, also said that the board was not working towards leadership continuity at UTI

2 min read23 May 2018
Companies

Blackstone unit sells 8% stake in Mphasis for about Rs1,440 crore

Blackstone sold its shares in Mphasis at double the buying price of Rs430 in September 2016

2 min read15 May 2018
Companies

Mutual funds mark down investments in Uber by up to 15%: report

3 of Uber's investors, Vanguard Group, Principal Funds and Hartford Funds, mark down their shares by 15%; T. Rowe Price cuts estimated price of its shares by about 12%

1 min read23 Aug 2017
Companies

UTI MD Leo Puri says close to an IPO, will seek all shareholders’ nod

UTI Asset Management MD Leo Puri says the firm has more than the 51% backing required for an IPO but wants to build a consensus first

3 min read14 Mar 2017
Education

US parents say they’d sacrifice retirement to send kids to college

Many US parents expect paying for their children's college to upend their own retirement plans, according to a new survey by the T. Rowe Price Group

3 min read15 Aug 2016
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