Invesco India Income Plus Arbitrage Active Fund of Fund is an open-ended fund of fund scheme investing in units of actively managed debt-oriented schemes and equity arbitrage schemes
Invesco Mutual Fund has launched the Invesco India Business Cycle Fund; check the key details of this open-ended equity scheme here
Pine Labs plans $1 bn IPO in India after getting Singapore court's approval to shift base
US-based investor Invesco valued its 28,844 shares in Swiggy at $219.2 million, implying a total valuation of $12.3 billion, down from $12.7 billion in January 2024
Inks deal with US' Invesco to form JV; IndusInd to hold 60% stake
A series of mark-ups push the company's valuation closer to its rival Zomato
In October last year, Invesco had marked up the value of its stake in the food aggregator platform to $7.85 billion, after back-to-back valuation cuts
'What will matter in 2024 from the market standpoint is the direction of interest rates globally, as well as in India. The results of the general elections will also be keenly watched'
This comes after two markdowns by US investor in four months
US Fed chair Jerome Powell on Wednesday said they see 'payment stablecoins as a form of money'
Neuberger Berman, another US investor, earlier marked down valuation of shares it holds in online pharmacy's parent
The revised valuation represents a massive 49% decrease from the $10.7 billion valuation
This is the second time Invesco has trimmed the valuation of Swiggy, which is backed by SoftBank and Prosus
Among the buyers were Segantii India and Morgan Stanley, block deal data released by BSE showed
The funds will invest between 95 per cent and 100 per cent of its net assets in government securities
Morgan Stanley, Citigroup, Bank of America, Abvendus, ICICI Prudential MF were some of the buyers
According to reports, Invesco Developing Markets Fund, which has a 10.14 per cent stake in ZEE, was looking to sell half of its stake in the company in a block deal
This is the second block deal by Invesco in seven months, which offloaded 7.8% stake in Zee Entertainment in April
Puts 74.32 million shares on the block at Rs 281.46 apiece; Morgan Stanley, Segantii India among buyers
CLOSING BELL: Adani Ports, Titan, HDFC, PowerGrid, Wipro, HDFC Bank, ONGC, PowerGrid, RIL, Bharti Airtel, TCS, Coal India, Tata Steel, and L&T fell between 1.5 per cent and 3.5 per cent