Bihar govt transfers 11 IAS, 16 IPS officers in major bureaucratic reshuffleBihar's NDA government has conducted a significant administrative overhaul. Eleven IAS and sixteen IPS officers have been transferred. Key ...
Fairfax India to raise stake in IIFL Capital to 51% with $211 million investmentFairfax India is set to increase its ownership in IIFL Capital to 51 percent. This move involves an investment of 20 billion rupees. The ca...
IIFL Finance plans to raise $400 million in ECBsIIFL Finance is aiming to raise up to $400 million through external commercial borrowings, with Standard Chartered, JPMorgan, and HSBC arra...
NCLT approves Mantra Properties buyout of Mulund projectThe company entered corporate insolvency resolution process (CIRP) in July 2023 on a plea by Beacon Trusteeship Ltd. It has two secured cre...
Telangana govt transfers over 30 IAS officers in major bureaucratic reshuffleThe Telangana government has orchestrated a significant reshuffle of over 30 IAS officers, citing administrative exigencies. Key appointmen...
Fairfax likely to buy 10% more in IIFL Capital via preferential allotmentFairfax Financial Holdings plans to boost its stake in IIFL Capital Services. The deal is valued at approximately ₹1,000 crore. This move w...
Modi government has brought us close to Ram Rajya, says Nirmal Jain, Founder, IIFL GroupNirmal Jain, Founder of IIFL Group, commends the transformative impact of Modi's decade-long rule, likening it to the ideals of Ram Rajya—a...
Nirmal Jain raises stake in 5paisa CapitalJain bought the stake at Rs 191.22. As of November 15, Jain held 16.09% stake in 5paisa Capital.
Markets may go up to 30000: Nirmal JainThe markets may go up to 30000.It might correct to 29000.
IT sector can attract money; valuations can have upside: Nirmal Jain, IIFLNirmal Jain, Chairman, IIFL, shares his views on the current outlook of the IT sector.
Reliance will remain in narrow range: Nirmal Jain, Chairman, IIFLNirmal Jain, Chairman, IIFL, shares his views on the current outlook of the Reliance stock.
- Market can rise by 25%-30% in one year if reforms continue: Nirmal Jain, IIFL
"The market can in the next one year’s time appreciate by 25%-30% provided we see more reforms, support from monetary policy", Nirmal Jain ...
Markets likely to resume direction in November, stick to defensives in the near term: Nirmal Jain, Chairman, IIFL"The markets now have a tendency to move in cycle, so they are trying to catch up in terms of PE multiples and this certain bust of reforms...
- Market may take a breather in October, resume direction in November: Nirmal Jain, IIFL
If the market runs up too fast, there is always a risk some negative news or event can make correction very steep too, says Jain.
- High crude prices, weak rupee weighing on market: Nirmal Jain
Crude oil prices which have again started moving up are the biggest problem in the market. Market's health will be more reflected in the cu...
- Cannot undermine the importance of liquidity in markets: Nirmal Jain, Chairman, IIFL
It is time to revisit midcaps. They had a small rally in this last month but this is a time when we should build up a portfolio of good qua...
- Markets may recover more in second half: Nirmal Jain, IIFL
In an interview with ET Now, Nirmal Jain, Chairman, IIFL, gives his views on the markets and investment opportunities in the current scenar...