Fairfax Financial Holdings plans to boost its stake in IIFL Capital Services. The deal is valued at approximately ₹1,000 crore. This move w...

IIFL Finance's microfinance subsidiary IIFL Samasta Finance has garnered Rs 216 crore through its second public bond issue against a Rs 1,0...

Sanjay brings over 24 years of experience across varied industries viz. Financial Services (Wealth Management, Asset Management, NBFC, Insu...

Promoters of Sterling and Wilson Solar have further pledged their shares in the company for raising capital from financial lenders. Kainaz ...

IIFL Asset Management (IIFL AMC) has appointed Manoj Shenoy as its chief executive officer with effect from February 2, 2021, said a statem...

The company had announced the deal in August 2019.

L&T Finance entered wealth management in 2012 by hiring the team of the Indian arm of Swiss private bank EFG.

One of the largest players in in the wealth management business, IIFL will put the deal through next week.

Wealth management firms handle the money of mostly rich clients.

The nod paves the way for listing of three entities — IIFL Finance, IIFL Wealth and IIFL Securities -- within 60 days.

Shares of IIFL have gained 10 per cent in the past month.

The ongoing NCD issue of the group has already received subscription worth Rs 1,000 crore.

At 11 hours on Wednesday, the stock traded Rs 15 lower at Rs 444.

The demerger, followed by listing will involve three units -- IIFL Finance (loans and mortgages); IIFL Wealth (wealth and asset management)...

Other businesses like broking, distribution and investment banking would be part of IIFL Securities.

IIFL Holdings today reported 33 per cent rise in net profit to Rs 158.1 crore for the quarter ended June 30, on account of robust growth in...

With presence in two major cities, IIFL wealth business rose by 41 per cent to Rs 52.7 crore, for the period under review.