L&T Finance sheds 4% on sale of mutual fund business to HSBC
L&T Finance sheds 4% on sale of mutual fund business to HSBC Shares of L&T Finance Holdings lost 4 per cent in early trade on Friday after foreign lender HSBC said its asset management arm will be acquiring L&T Mutual Fund from L&T Finance Holding for $425 million (about Rs 3,192 crore) in a bid to grow its franchise …
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