Iifl Holdings

IIFL Finance up 8% after ADIA picks 20% in housing fin arm for Rs 2,200 cr

This is the second investment by ADIA in entities working in housing finance space in FY23. Last month, it concluded a deal to pick up 10% in HDFC Capital Advisors for Rs 184 cr

IIFL Finance buys back overseas bonds worth $50 million

Non-banking finance company IIFL Finance on Tuesday said it has bought back USD 50 million worth of overseas bonds with funds raised through a loan from a global bank

IIFL Finance in a spot over open offer breach, firm says error in reporting

Stock hits upper limit after regulatory filing shows promoter holding in the company had breached the 25% threshold following an open market purchase by chairman and CEO Nirmal Jain

Rakesh Jhunjhunwala picks up 2.7 million shares in IIFL Securities

On Thursday, shares of IIFL Securities closed 4.9 per cent higher to Rs 44.95

Vodafone Idea reaches out to lenders for debt revamp as losses mount

The distress at India's No. 2 phone operator deepened last week after the nation's top court ordered it to pay about $4 billion in past dues, dealing a fresh blow to the struggling business

IIFL Wealth Management makes strong debut; shares hit upper trading limit

The listing of IIFL Wealth follows its demerger from parent IIFL Finance with IIFL Securities, with the latter set to list on Friday

IIFL Wealth hits 5% upper circuit; IIFL Securities to make debut tomorrow

The board of directors of IIFL Finance at its meeting held in January 2018 had approved the reorganization of IIFL Group.

IIFL Finance plans to raise Rs 1,000 crore via non-convertible debentures

The public issue of bonds will open on Tuesday and will close on August 30

IIFL Holdings net profit rises 30% to Rs 373 crore for March quarter

Income during the latest quarter grew 32 per cent to Rs 1,276 crore from Rs 965 crore in year-ago period, IIFL Holdings said in a statement

IIFL Holdings' subsidiary lnfoline Finance to raise up to Rs 50 billion

lnfoline Finance Limited is an NBFC subsidiary of the IIFL Holdings

Investors focus on long-dated options as 2019 election draw near

While call options benefit buyers if the market rises, buying put options acts like insurance for their portfolio

IIFL Holdings to demerge finance, wealth and capital business in 1 year

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

IIFL Holdings rallies 19% on strong Q3 results; scheme of arrangement

The stock rallied 19% to Rs 865 also its record high on BSE in intra-day trade.

IIFL Holdings all set to infuse Rs 150 cr into India Infoline Ltd

Stock of IIFL Holdings was up 2.25% at Rs 625 on the BSE

IIFL Holdings Q1 net jumps 44% to Rs 198 cr

The company's net profit stood at Rs 137.5 crore during April-June period of the previous fiscal

IIFL Holdings surges on strong Q3 results

The stock surged 12% to Rs 316 on the BSE in intra-day trade

IIFL Holdings surges on robust Q2 profit

The stock surged 11% to Rs 314, also its 52-week high on BSE.

IIFL gets nod to demerge 5Paisa Digital Undertaking

IIFL Holdings has received nod from its board to demerge '5Paisa Digital Undertaking' from IIFL Holdings Ltd (IIFL) into its fully owned subsidiary 5Paisa Capital Ltd (5Paisa). "The board of directors of the company at their meeting held today considered and approved the proposed demerger of 5Paisa Digital Undertaking from IIFL into 5Paisa Capital Ltd, a 100 per cent subsidiary of IIFL engaged in distribution of financial services and broking," the firm said in a regulatory filing. Post demerger, 5Paisa Capital will be listed on BSE and NSE, it said. "The consideration for the demerger is by way of allotment of equity shares by 5Paisa Capital to the shareholders of IIFL in the ratio of 1 share of Rs 10 each of 5Paisa for every 25 shares of IIFL held by the shareholders of IIFL," the company said. The company said the proposed arrangement does not involve any change in the capital structure of IIFL Holdings. IIFL said 5Paisa will acquire, service and grow the new emerging DIY ...

IIFL Holdings gains as CDC Group to invest in finance arm

The stock rallied 11% to Rs 249, also its 52-week high on the BSE in intra-day trade.

IIFL Holdings rallies after block deals

The stock moved higher by 12% to Rs 232 after more than two million shares of the company changed hands via block deals.