Hinduja Group's IIHL Eyes Majority Stake in Invesco AMC
According to the terms of the agreement, the Invesco Group intends to retain a 40% stake in Invesco MF while IIHL is to acquire 60%.
Source: indiainfoline.com
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Hinduja Group's IIHL in talks to acquire majority stake in Invesco AMC
Sundaram MF-Principal MF, HSBC AMC-L&T MF and Bandhan-led consortium acquiring IDFC MF are some of the transactions in the sector over the past few years.
Source: moneycontrol.com
Swiggy preparing for $800 million IPO early next year
Swiggy has started preparations to raise at least $800 million through an IPO early next year. The company reportedly plans to categorize itself as a logistics company.
Source: techstory.in