IIHL and Invesco complete JV formation to grab a piece of fast-growing asset management market in India
IndusInd International Holdings and Invesco have finalised their joint venture in India’s mutual fund space, with IIHL taking a 60% stake and Invesco retaining 40%. The partnership combines Invesco’s global investment expertise with IIHL’s strong domestic network, aiming to expand mutual fund reach and accelerate financial inclusion across India.
In the race toward AI, copper is the strategic edge the world overlooks
While investors chase AI giants like NVIDIA, the real opportunity may lie in copper, the unseen backbone of the digital and green revolutions. With rising demand from data centres, EVs, and renewables, and constrained global supply, copper stands as a critical, undervalued enabler of future technological and economic growth.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian stock markets closed lower on Friday. The Sensex and Nifty experienced a second day of declines. Investors booked profits amid mixed corporate results and cautious global sentiment. A stronger US dollar and the Federal Reserve’s stance on rate cuts impacted investor mood. Banking stocks like HDFC Bank and ICICI Bank faced pressure. The market […]
Vedanta well-positioned to gain from commodity cycle, deleveraging efforts: Analysts
Vedanta’s second-quarter results met street expectations on robust operational performance, with analysts viewing the miner as well-positioned to benefit from the commodity rebound while advancing its deleveraging strategy.
IndusInd International Holdings-Invesco JV for mutual fund business gets operational
IndusInd Bank promoter IndusInd International Holdings and US-based Invesco on Sunday announced that they have completed the formation of their asset management joint venture, following IIHL’s acquisition of a 60 per cent ownership stake in Invesco Asset Management India.
13 penny stocks crash up to 55% in a month! Are they in your portfolio?
Over the past month, 13 penny stocks have suffered significant losses, dropping between 20% and 55% in their share prices. These laggards were identified through a focused screening process that considered companies with a market capitalisation under Rs 1,000 crore, a share price below Rs 20, and a minimum recent trading volume of 5 lakh […]
Nifty takes a breather, but analysts see uptrend still intact. 3 stocks to buy for the week
Indian stock markets paused after a four-week rally. Profit booking emerged at higher levels, causing a mild dip. Analysts anticipate consolidation before a potential move towards 26,000. Global and domestic factors influenced the market tone. Strong domestic investor inflows provided support. Sectoral rotation is expected in the coming sessions.
ASBL recognised as the fastest-growing real estate company in India
Hyderabad, Telangana, India (NewsVoir) The ET Now Realty Conclave & Awards 2025 – South Edition brought together some of the most influential stakeholders from South India’s real estate ecosystem.
IPO-bound Pine Labs turns profitable in June quarter of FY26
Online payments firm Pine Labs has achieved its first quarterly net profit in the June quarter of FY26. This milestone follows strong operating revenue growth. The company is now preparing for its Initial Public Offering. Pine Labs plans to raise funds through fresh share issuance and an offer for sale. The firm is targeting a […]
Berkshire Hathaway sold another $6 billion in stocks. What does it signal about current markets?
Warren Buffett’s Berkshire Hathaway continues to signal market caution, selling more stocks than it bought for the 12th consecutive quarter, swelling its cash pile to a record $381.7 billion. Despite strong operating profits, the company’s sustained defensive stance and lack of share buybacks suggest limited near-term upside, even as Warren Buffett prepares to step down […]