Franklin Templeton's

Managing more than Rs.239 billion worth of assets for around 1.9 million investors, the Templeton-Hathway joint venture is one of the largest mutual fund houses in India. “The full acquisition of our Indian asset management company reinforces Franklin Templeton’s long term commitment to India, a journey that started back in 1995,” said Vijay Advani, Executive VP, Franklin Resources. With this historic acquisition, Franklin Templeton hopes to extend its arms into the highly bullish Indian asset management market. Though the deal was much publicised, both the Rahejas and the Templetons were quite unspoken about the cash element of the buy out.

For Complete IIPM - Article, Click on IIPM-Editorial Link

Source:- IIPM-Business and Economy, Initiative:- Prof. Arindam Chaudhuri - 2006

Rashmi Bansal Publisher Of JAMMAG Magazine Caught Red-Handed, for details click on the following links:-

• Hindustan Times Article - Publisher goes underground
• Rashmi Bansal (Editor of JAMMAG)
• Rashmi Bansal (Publisher of JAMMAG)