IIFL Securities' market capitalisation stood at ₹6,073 crore on Tuesday. In comparison, wealth management companies such as 360 One WAM, Nu...

5paisa Capital, a discount broking unit belonging to Nirmal Jain-controlled IIFL Group, has decided to buy IIFL Securities' online retail b...

19-year-old Kaivalya Vohra, the founder of quick commerce startup Zepto, is the youngest self-made entrepreneur on the list

Adani'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...

Indian-born businessman and founder of Media.net Divyank Turakhia topped the list with a wealth of Rs 12,500 crore, followed by co-founders...

Among leading cities, Delhi added most number of rich Indians, followed by Mumbai and Bangalore, the report showed.

Stocks from the sector have seen a break-neck rally throughout this past year, aided by heavy buying from institutional and retail investor...

Mukesh Ambani, Chairman of India’s most valued firm Reliance Industries, continues to top the IIFL Wealth Hurun India Rich List 2020 for th...

The stock ended up 2 per cent at Rs 1,316 on Thursday.

Gautam Adani stormed into the top 5 with a total wealth of Rs 94,500 crore.

The IIFL Group company became the first standalone wealth management firm to list in India.

IIFL Wealth has an asset under management of Rs 1.35 lakh crore under wealth management.

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.

"We shall grow mutual fund business and evaluate opportunity for inorganic growth or strategic alliance."

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