In a significant turn of events within the financial sector, IndusInd International Holdings Limited (IIHL), a subsidiary of the Hinduja Group, is currently negotiating to acquire a majority stake in Invesco Asset Management Company. This potential deal may have a profound impact on the asset management landscape in India, reflecting the increasing interest of major players in broadening their portfolios. Keep watching for updates as talks advance, as they may result in substantial changes to investment management services.