Invesco will retain a 40% stake in the fund house, while both IIHL and Invesco will have sponsor status. The size of the deal has not been disclosed. IIHL is the promoter entity of IndusInd Bank.
On a wait and hold till April 2 as well as what happens over next 3-4 months: Seth R Freeman
Seth R Freeman of GlassRatner Advisory highlights the market’s uncertainty ahead of the April 2 tariff deadline and the potential impact on business planning. He