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BlackRock of the US, the world’s second largest asset manager with $ 6.32 trillion in assets, is exiting from its joint venture asset management company (AMC) in India. Financial services firm DSP group, controlled by Hemendra Kothari, has proposed to buy out BlackRock’s 40 per cent stake in DSP BlackRock Investment Managers which manages over Rs 1,10,000 crore of investors’ ... Read More »
Kothari’s DSP buys out giant Blackrock’s stake
