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.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader