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IIFL WEALTH LIST
Listed brokers, exchanges rake in profits even as war clouds lingerIndia's listed brokers and exchanges reported robust March quarter earnings, driven by a surge in Margin Trading Facility (MTF) and a favor...- Crorepati investors splurge $1 billion to buy these 10 stocks. Should you follow the smart money?Wealthy investors are making significant moves, pouring over $1 billion into ten select stocks. This concentrated buying occurs even as the...
- Forget the noise: These 54 smallcap stocks attracted FII buying in March quarterForeign institutional investors are strategically buying into beaten-down smallcap stocks in India, increasing stakes in 54 companies despi...
- IIFL Securities to foray into wealth managementIIFL Securities' market capitalisation stood at ₹6,073 crore on Tuesday. In comparison, wealth management companies such as 360 One WAM, Nu...
- 5paisa Capital zooms 8% on acquiring IIFL's online broking business5paisa Capital, a discount broking unit belonging to Nirmal Jain-controlled IIFL Group, has decided to buy IIFL Securities' online retail b...
- Zerodha's Nikhil Kamath tops Hurun's self-made rich list 202219-year-old Kaivalya Vohra, the founder of quick commerce startup Zepto, is the youngest self-made entrepreneur on the list
- Rs 1,600 cr a day: Chronicling Gautam Adani's dizzying climb to world's second richest slotAdani's wealth has more than doubled (116 per cent) in the last one year and in absolute terms, he added Rs 5,88,500 crore. In the last fiv...
- Rich List: India's wealthiest self-made entrepreneurs under 40Indian-born businessman and founder of Media.net Divyank Turakhia topped the list with a wealth of Rs 12,500 crore, followed by co-founders...
- Cancerians make the most money; Delhi adds maximum to the rich listAmong leading cities, Delhi added most number of rich Indians, followed by Mumbai and Bangalore, the report showed.
- Chemical sector biggest wealth creator for India's rich in 2021: IIFL-Hurun reportStocks from the sector have seen a break-neck rally throughout this past year, aided by heavy buying from institutional and retail investor...
- Pharmaceutical sector added highest number of Indians in the rich list: ReportMukesh Ambani, Chairman of India’s most valued firm Reliance Industries, continues to top the IIFL Wealth Hurun India Rich List 2020 for th...
- Motilal Oswal rates IIFL Wealth a buy on strong growth potentialThe stock ended up 2 per cent at Rs 1,316 on Thursday.
- Mukesh Ambani richest Indian for eighth straight yearGautam Adani stormed into the top 5 with a total wealth of Rs 94,500 crore.
- IIFL Wealth jumps 5% over listing price of Rs 1,210The IIFL Group company became the first standalone wealth management firm to list in India.
- IIFL’s wealth management arm to list todayIIFL Wealth has an asset under management of Rs 1.35 lakh crore under wealth management.
- IIFL Holdings jumps 8% on NCLT nod to demergerThe nod paves the way for listing of three entities — IIFL Finance, IIFL Wealth and IIFL Securities -- within 60 days.
- NCLT approves demerger of IIFL Group into 3 entitiesShares of IIFL have gained 10 per cent in the past month.
- IIFL Holdings demerger likely in Q1FY20The ongoing NCD issue of the group has already received subscription worth Rs 1,000 crore.
- 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."
- IIFL Holdings to demerge capital, wealth, finance business in one yearThe demerger, followed by listing will involve three units -- IIFL Finance (loans and mortgages); IIFL Wealth (wealth and asset management)...
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