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Account aggregator Finvu secures $15 million from WestBridge Capital, existing investorsFinfactor, parent of account aggregator Finvu, has secured $15 million in a funding round led by WestBridge Capital. The capital will fuel ...
Ahead of IPO, ArisInfra Solutions garners Rs 225 crore from anchor investorsArisInfra Solutions garnered Rs 225 crore from anchor investors ahead of its IPO launch, allocating shares to 15 funds at Rs 222 apiece. Th...
IIFL Finance gets RBI approval to open branches in Jammu & KashmirIIFL Finance has secured regulatory approvals to open branches and extend credit services in Jammu & Kashmir, aiming to provide crucial fin...
Add Bajaj Housing on dips, but upside negligible in 1 year: IIFL SecuritiesIIFL Securities has initiated coverage on Bajaj Housing Finance with an "add" rating and a target price of Rs 125. While highlighting the c...
Indian pharma firms trail global peers in R&D, innovation, and talent metrics: FAST India-IIFL SecuritiesIndian pharmaceutical firms lag behind global companies in R&D intensity, PhD employee proportion, and patents and publications per billion...
Premji Invest-backed Gold Plus Glass files DRHP for IPO; fresh issue size Rs 500 croreThe IPO comprises a fresh issue of shares worth Rs 500 crore, and an offer for sale of 1.57 crore shares by two promoters – Suresh Tyagi an...
IIFL Foundation, Muskaan Dreams to provide digital literacy to marginalised communitiesAs part of a CSR initiative, IIFL Foundation and Muskaan Dreams will work together to implement “Digital Shaala” in 25 schools across Udaip...
Online dispute resolution platform Sama raises seed funding from Campus FundAccording to Sama, as of May this year, the Indian judicial system had more than 47 million cases pending in various courts—the subordinate...
IIFL Finance zooms 13% as ADIA to pick 20% stake in home loan armIIFL Home Finance proposes to use the additional capital to continue its expansion into new markets to meet the growing demand for housing ...
Stocks in the news: Star Health, Paytm, Infosys, IIFL Finance and Deepak FertilisersStar Health and Allied Insurance compay, backed by Rakesh Jhunjhunwala, will make its Dalal Street debut today. The company raised about Rs...
Ankur Capital raises Rs 330 crore ahead of interim close of second fundAccording to Ankur Capital founders Ritu Verma and Rema Subramanian, the total target size of the fund is around Rs 350 crore, with an opti...
Wadhwani Foundation launches 'Sahayata' initiative, commits investment of Rs 200 croreSMEs are the core of every economy, but the economic crisis triggered by the COVID-19 pandemic has severely damaged this growth driver of a...
Wadhwani to invest Rs 200 crore over three yearsWadhwani, who was awarded the Padma Shri in February, plans to support up to 10,000 SMEs by offering business survival, stability and growt...
GiveIndia starts India COVID Response Fund with Rs 75 cr in initial donationsSome of the early donors to the fund include the Bill & Melinda Gates Foundation, Google.org, HSBC India, Omidyar Network India, UBS Optimu...
Stocks in the news: RCom, YES Bank, SBI, NBCC, United Breweries, L&T and Sun PharmaKotak Institutional Equities has a buy rating on GAIL (India) with a fair value of Rs 175.
India's mega rich are swelling. How the wealth management industry is refashioning itself to adaptThe business of managing wealth is not just looking up, but leapfrogging in sophistication; it is not just promising high returns, but pers...
3 NBFC stock picks for next 18 months: Digant Haria, Antique Stock Broking“The competitors of JM Financial is mainly Edelweiss and to some extent IIFL.”
IIFL’s 10 stock recommendations for Samvat 2072Inflation is well under control, not just due to subdued global commodities but also by virtue of disinflationary trends in domestic market.
Fifteen stocks in focus in Friday's tradeIndian markets are expected to trade higher. Here is a list of fifteen stocks which are likely to remain in focus today.
Edelweiss, IIFL, Motilal Oswal, Geojit BNP churn out solid numbers; show driven by all segmentsA close look at the performance of each of the firms suggests that every section of the business has contributed to the top line.