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IndusInd International to acquire 60pc stake in Invesco India

Mauritius-based IndusInd International Holdings Limited (IIHL) has entered into an agreement with global investment management firm Invesco to acquire a 60% stake in its Indian unit IAMI which boasts more than $1.6 trillion in assets under management.

PN Gadgil Jewellers Files for ₹1,100 Crore IPO to Expand Presence

The IPO comprises a combination of a fresh issue of equity shares worth ₹850 Crore and an offer-for-sale (OFS) of ₹250 Crore worth of shares by promoter SVG Business Trust.

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