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CHAIRMAN IIFL GROUP
IIFL Finance to get $200 million from Watsa's Fairfax post RBI curbsOn Monday, the Reserve Bank of India placed restrictions on the company, claiming deviations in lending processes. Since the ban, shares of...
IIFL Securities' online retail trading business to merge with 5paisa CapitalThe boards of 5paisa Capital Ltd and IIFL Securities Ltd approved the transfer of IIFL Securities' online retail trading business to 5paisa...
IIFL Fintech Fund to invest Rs 300 crore in early-stage fintech startupsIIFL Fintech Fund has invested in four fintech startups—Leegality, FinBox, Trendlyne and DataSutram—in the first three months of its existe...
IIFL launches dedicated fund to invest in Indian fintech startupsThe IIFL fintech fund, sponsored by IIFL Finance and IIFL Securities, is already in advanced talks to invest in a few financial technology ...
IIFL Securities appoints Sandeep Bhardwaj as CEO of retail brokingBhardwaj was previously working with Angel Broking as the Chief Sales Officer where he spent over a decade managing sales, revenue, and wea...
IIFL Home taps co-lending, gets Rs 300 croreIIFL Home Finance, a direct subsidiary of IIFL Finance, funds low-cost housing, a focus area for the government that aims to attain “Housin...
Promoters, officials buy IIFL shares from open marketAccording to BSE data, Nirmal Jain, the chairman of the IIFL group, acquired 1 lakh shares of IIFL.
Indostar Capital gains over 3% on acquiring CV finance business of IIFLIIFL Holdings shares were down 9 per cent at Rs 378.60 on BSE.
IndoStar to buy CV finance business of IIFL FinanceSince 2015, IndoStar has been building its retail lending business which accelerated last year with the set-up of CV finance and Affordable...
IIFL Holdings demerger likely in Q1FY20The ongoing NCD issue of the group has already received subscription worth Rs 1,000 crore.
IIFL raises Rs 325 crore from UK firmThe move reflects increasing investor interest in domestic non-banking companies that are trying to gain market share from banks, which are...
New offer from IIFL Finance: 4,000 jobs!IIF has poached ace banker Sumit Bali from Kotak Mahindra Bank to head the non-banking unit as its chief executive officer (CEO): The compa...
IIFL Group should not require any further dilution in near term: Nirmal Jain"We shall grow mutual fund business and evaluate opportunity for inorganic growth or strategic alliance."
5Paisa Capital of IIFL Group will list on November 165Paisa derives its growth from mobile savvy millennials and small towns, said Nirmal Jain, founder and chairman, IIFL Group.
Up Close & Personal with Nirmal Jain Chairman, IIFL GroupAce investor and film buff prefers college mate Aamir to Salman Khan.
FIPB nod for Prem Watsa's IIFL investment, no change in managementJain said Watsa already owns 14 per cent in the group and he is seeking to increase it by up to 26 per cent through the open offer, worth a...
Cement, oil, auto, IT sectors likely to do well in next one year: Nirmal Jain"There can be some stock picking but still you can put your larger weight in cement, auto, oil, some of the private banks and the IT sector...
Equities will give much better returns than in past:ExpertsThe journey is not likely to be without hurdles and there may be intermittent corrections due to global factors such as growth slowdown.
- IIFL group pitches for banking entry
The IIFL group has made a strong pitch for letting brokerages enter the banking fray, saying its success with 4,000-odd branches is enough ...
- IIFL gets approval from Singapore Exchange for securities trading
IIFL (India Infoline Ltd) on Wednesday announced that its Singapore-based subsidiary, IIFL Securities Pte Ltd, has received approval for se...